In the previous article we took a look at the influence of oil prices on Well Optix and the move to smaller projects with strong ROI.
The mobile revolution has enabled the workforce to become more efficient. As mobile devices have become more sophisticated and workers are more tech savvy it becomes a requirement for applications to keep up with modern interfaces. Applications that were once data centric will become increasingly visual, with charts and graphs that can be configured and customized.
SCADA data collected from a wide variety of oilfield equipment including sensors and controllers is now routinely used to monitor and control these devices. More and more systems and devices can generate, share and manipulate data. This datafication enables technicians to better understand maintenance requirements. Data is used as input to automatic controls, ensuring that equipment operates within certain parameters. Status information is available to on-site workers and will increasingly be accessed remotely as well. Watch for these systems to be more proactive, beginning with alerts sent when certain conditions are reached.
Producers will increasingly use historical data to analyze trends and act on them. Initial trending will be done by production team members looking for trends in the data. This process will become more automated over time as analytics are able to identify correlations and trends directly.
Aggregated well data across a field supports field optimization. A field view shows all producing wells, costs and opportunities for savings. Increasingly sophisticated trending capabilities will be able to make recommendations on how to reduce overhead. Trending is a powerful analytical tool for optimizing production and reducing costs.
Some of the potential applications for trending in the digital oilfield include:
- Refrack candidate identification. Trending automation will be able to review conditions such as pump off to determine which wells are seeing production decline. At a field level, trending will show whether problems appear to be isolated or widespread.
- Maintenance prediction. Automated monitoring and trending will be able to identify potential maintenance issues based on conditions such as pump off, high torque or excessive heat. Any required maintenance can then be scheduled proactively. This will save cost and reduce downtime.
- Pump sizing. Trending of pump speed and amperage will show if pumps are properly sized for the wells. Producers will have better information to determine if pumps should be changed out. They can also use this method to predict the pump size for new production wells.
- Voltage spiking. Drives report the voltage encountered. This can be monitored and analyzed to determine if there is a pattern and whether pumping equipment in danger of damage.
Data analysis and trending is a big trend in the oil & gas industry because of the potential benefits to be had. Producers will invest in trending for wells and fields to reduce the overall cost per barrel.
In the next article we discuss the great shift change and how Gen Z will impact the workplace.