... Abstract Operators nowadays are swimming in huge terabytes of data through continuous data acquisition and permanent reservoir wide surveillance but will little intelligence to identify and decrypt key obstacles, challenges and constraints to sound asset management. Silo-ed organizations...

... for each asset. Traditionally, efforts to increase the final hydrocarbon recovery factory have resulted in competing and often incompatible plans and proposals from the various disciplines of the asset management team. Each discipline has focused on issues in its respective area, but there has been...

... i-field project chevron implementation artificial intelligence information integrated asset modeling workflow asset management deployment field development optimization and planning integration operation real-time asset management digital oil field partnership operator technology...

... has continued to decrease. The increased infusion of these technologies in oil and gas asset management has helped many to see greater benefits from making fundamental changes in the infrastructure used to develop oil and gas fields and the work tools and processes used to manage them. Currently...

... Proposal In recent years risk based approaches for planning and developing asset management strategies have emerged as effective means to prioritize spending on maintenance and inspection activities, whilst controlling the costs. Based on extensive experience from Risk Based Inspection (RBI...