TechnipFMC's approach to integrate remote monitoring systems onto oilfield equipment aims to provide a safe, reliable, and low-cost solution for 24/7 monitoring of customer assets from anywhere in the world. The technology offering supplies real time data to determine the status of oilfield equipment and its subsystems to support production optimization, maintenance planning, improved HSE and reduced operating expenditure, making operations more efficient and cost effective. This paper presents and discusses a flexible and cost effective upstream monitoring system to allow production assets in the field to be monitored and optimized remotely. This improves the performance of the assets while reducing operating expenditures and allows operators to make more informed decisions in real time, based on latest performance data from the field. The paper will discuss a novel approach and architecture to allow the petroleum industry to easily, quickly and cost effectively take advantage of new IOT and advanced analytics technologies to inform decisions and optimize production performance and efficiencies. Leveraging novel software applications allows such technology to scale easily, allowing operators to future proof their systems and protect the investment already made in existing infrastructure. Real world examples and field deployments will be described to illustrate application areas currently explored and some insight into future capability to be incorporated will be discussed. These will include wellhead monitoring, tank level monitoring, virtual flow computer, and production systems examples showing how small applications can then be easily integrated to give full system automation and optimization.
The Oil & Gas industry (and energy sector in general) are currently in the midst of trying to negotiate their way through digital transformation and understand and navigate all the potential solutions open to them to build systems capable of autonomous operations and optimization of equipment while reducing operating costs and environmental impact. Some key areas of focus to increase efficiency, reduce costs and improve safety performance and environmental impact of operations:
• Reduction of manpower needed through automation of equipment and processes
• Prevent equipment downtime via real time & remote monitoring
• Automate data collection and reporting
• Decentralize data insights and increase visibility of operations
• Increase safety through reduction of human intervention/operation
