Autonomous subsea systems are expanding their capabilities to include production treatment and downhole operations. Advanced analytics and business simulation tools are being used to monitor field equipment, facilities, personnel and inventories across the oil and gas landscape. These tools combine sensor data with other data sources to enable reliable predictions and scenario testing. Asset integrity and performance management solutions are spreading rapidly due to factors like big data, the internet of things, cloud computing, and mobile technologies.
2. “Autonomous subsea systems are broadening
their capabilities to include production
treatment and down-hole operations. Aggressive
companies are expanding the use of algorithms
to control complex operations such as drilling.”
- Gartner
Remote & Autonomous Operations
3. “Field intelligence and field strategy analytics
include productive surveillance, collaboration
centers, upstream modeling, real time
drilling, and field management”
- Gartner
Advanced Analytics and Business Simulation
4. “The use of digital sensors to monitor field equipment, facilities,
personnel and inventories continues to expand across the entire oil
and gas landscape. Combining data from these sensors with
equipment, financial, transactional and engineering data is unleashing
many forms of analytics, including new simulation models that are
providing reliable predictions of future performance under multiple
scenarios. These enable oil and gas leaders to test and assess their
best options for increasing recovery, reliability and safety.”
- Gartner
Augmented Humans and Machines
5. “The midstream market is focused on increasing productivity as
the number 1 driver, and this is consistent with the challenge of
meeting the current demand to transport hydrocarbons with an
infrastructure that needs improvement. Midstream companies
need to optimize processes and apply technologies to automate
and improve performance as much as possible, but it is
interesting to note that reducing costs while high only ranks as
the number 5 IT driver.”
- IDC
Productivity Enhancement
6. Asset Integrity and Performance Management
“The adoption of APM solutions and services is spreading rapidly
because of the number of convergent factors. Many point to concepts
such as big data and the Internet of Things (IoT) as the primary
drivers, but these only represent part of the dynamic. Cloud is a
critical component, as is mobile technology and social technology…
Indeed, Gartner anticipates that investments in APM solutions and
services will increase exponentially in the next five years, as asset
owner/operators and equipment OEMs alike seek to benefit from this
market transformation.”
- IDC
10. References
- Enhancing Operational Excellence in Oil and Gas Through Digital Technology Primer for 2016
- To Stay Relevant, Upstream CIOs Must Make IT Planning Agile and Adaptable Stay Relevant
- How Advanced Analytics Can Amplify the Impact of Digital Oil Field Solutions
- Cost Reduction, Efficiency, Security, Modernization, and 3rd Platform Are Top-of-Mind IT Initiatives for
Oil and Gas CIOs for 2016
Four Scenarios to Prepare for the Future of Upstream Oil and Gas