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E&P Digital Solutions: The Hidden Costs of Self-Implemented Automation

Posted by Community Contributor on May 18, 2020 2:45:09 PM

The implementation of cloud-based automation services can deliver cost savings and increases in operational efficiencies for oil and gas producers.Cloud SCADA

May 13th 2020 – With capital tight and income stagnant, producers are increasingly looking to automation to boost efficiencies and reduce expenditures. But those goals are not automatically accomplished by buying some sen­sors, off-the-shelf SCADA software and an extra server.

In fact, in-house automation systems are very expen­sive compared to third-party, cloud-based versions in a number of ways, many of which are not obvious. This article addresses four areas in which outsourcing can be more efficient, including some costs of in-house systems that are not always included in the decision-making process.

Time to implement

Time is money, and for a company leaning on automa­tion for cost savings, every day’s delay in implementa­tion can cost thousands of dollars. But delays extending to months or years are common for in-house systems.

Read the full story here from Hart Energy

 

About Emerson 
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial and residential markets. Our Automation Solutions business helps process, hybrid and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure. For more information, visit Emerson.com.

Forward-Looking and Cautionary Statements
Statements in this press release that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include economic and currency conditions, market demand, pricing, protection of intellectual property, cybersecurity, tariffs, competitive and technological factors, among others, as set forth in the Company’s most recent Annual Report on Form 10-K and subsequent reports filed with the SEC.

 

Emerson Completes Acquisition of Zedi’s Software and Automation Businesses

Posted by Community Contributor on Jul 8, 2019 3:12:33 PM

Acquisition to help company accelerate digital transformation in oil and gas industry

ST. LOUIS, July 8, 2019 – Emerson (NYSE: EMR) today announced it has completed the purchase of Zedi’s software and automation businesses. The addition of Zedi’s cloud supervisory control and data acquisition (SCADA) platform will further enable Emerson, a global leader in automation, to help oil and gas producers increase production and lower operating costs through cloud-based monitoring, control and optimization.

“As world energy demand continues to grow, helping our vital oil and gas market customers maximize their resources is a top priority,” said Lal Karsanbhai, executive president of Emerson’s Automation Solutions business. “Through our vast portfolio of automation technologies, we are helping the industry navigate ever-changing market dynamics and operational challenges. The addition of Zedi strengthens our ability to help customers leverage the latest advances from the field to the refinery.”

Zedi’s technology is currently enabling customers to monitor more than 2 million sensors and thousands of devices and applications. By combining Zedi’s scalable cloud platform and applications expertise with Emerson’s extensive applications, controller, instrumentation and flow metering portfolio, this acquisition expands opportunities for Emerson across the global oil and gas production market.

“Oil and gas producers today are challenged to meet production targets while controlling costs, and they are looking for opportunities to transform operations and make their teams more effective through digital solutions like analytics and mobility,” said Jim Nyquist, group president of Emerson’s systems and solutions business. “This important investment bolsters our portfolio and ability to help Emerson’s customers achieve Top Quartile performance through emerging Industrial Internet of Things technologies.”  

Emerson and Zedi’s software and automation businesses share a common vision of automating the production process through edge and cloud analytics and machine learning. The combined software and expertise of the two companies will provide producers with scalable and easily deployable end-to-end connected solutions to optimize and manage their operations.

Zedi’s software and automation businesses are based in Calgary, Canada, with approximately 155 employees in North America.

About Emerson 
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial and residential markets. Our Automation Solutions business helps process, hybrid and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure. For more information, visit Emerson.com.

Forward-Looking and Cautionary Statements
Statements in this press release that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include economic and currency conditions, market demand, pricing, protection of intellectual property, cybersecurity, tariffs, competitive and technological factors, among others, as set forth in the Company’s most recent Annual Report on Form 10-K and subsequent reports filed with the SEC.

 

Zedi SCADA and four ways to save time and money according to Midland Reporter-Telegram

Posted by Community Contributor on Sep 17, 2018 10:31:00 AM

The decision to outsource SCADA or to host in-house is a large one when considering the time and money both options require. The Midland Reporter-Telegram has written an article outlining four things to consider when choosing a SCADA system.

It also covers the benefits including time and ultimately money saved by having it hosted buy the experts at Zedi. With all the components, including data retrieval and storage, security and IT man-hours, the article explains the benefits and possible costs and issues with SCADA systems.

Click here to read the full article

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Tank Monitoring Now Available with Zedi

Posted by Community Contributor on Mar 12, 2018 11:15:00 AM

HOUSTON, TX – (March 12, 2018) Zedi is pleased to announce the launch of Zedi Tank Monitoring, an easy-to-use solution to easily monitor your tanks from anywhere with simple, easy to read data. This Zedi technology provides visibility to your tanks with sensor points showing you current volume or levels, with cry-out alarms to inform you of any issues.

Zedi’s simple tank monitoring solution provides notifications on features such as operational status, real-time tank levels and real-time tank volumes with custom alarm set up available. With this simple solution, companies can now reduce site visits while increasing safety, profitability and uptime. Real time data is available anytime, anywhere through Zedi Access, a powerful tool that provides remote monitoring, control and optimization.

“What makes this different is our unique automation capabilities being added to existing tank set ups, saving customers the stress of guessing what is going wrong with their tanks” says Darren Epp, Director and Market Manager of Automation at Zedi. “This solution is designed to integrate existing automation and SCADA for the customer, ultimately saving them time and money.”

This solution is easy and inexpensive to install with low cost wireless sensors and transmitters. It is also efficient for the customer through self-contained power systems, long battery life for wireless sensors and the ability to add solar power system to wireless sensors.

The new tank monitoring solution is available in two options depending on the specific needs of the set up. The scalable solution is available for one tank to multiple in one location, which are serviced by the same communications assembly. The expandable solution adds additional wireless sensors to monitor pumpjacks, pressures, temperatures or totalizers.

Epp continues by saying, “The addition of tank monitoring into our automation capabilities, in combination with our Software solutions, is another example of how Zedi is provides its customers with the tools they need to realize their production potential.”

About Zedi

Through technology backed by expert consultation and services, we help our customers realize their production potential. With 60 years of continuous operations in North America, we’re recognized as one of the industry’s best workplaces which sets us apart in the production operations landscape. With our unique combination of award-winning software, automation, measurement, artificial lift and field services, we offer complete solutions for the challenges our customers encounter.

Zedi Mentioned in Permian Basin O&G Magazine

Posted by Community Contributor on Sep 15, 2017 9:00:00 AM

Zedi's Manager, Customer Solutions Engineering, Adin Nand, was quoted in an article in the PB Oil and Gas on the rise of I.T. in the Oil and Gas industry. He speaks specifically to how the IT revolution is also about connecting man to machine. 

Adin is quoted saying "Any company in IoT [Internet of Things] who wants to be successful has to be able to display [data] in reports, trends, KPIs, [and] tables, [as well as] export for investors, people that can look at it in real time from a maintenance perspective. We call that the human to machine interface, the HMI. That’s very important.”

CLICK HERE TO READ FULL ARTICLE

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