Return on Investment using technology (oil and gas)
-
Upload
sarah-tamilarasan -
Category
Engineering
-
view
43 -
download
3
Transcript of Return on Investment using technology (oil and gas)
![Page 1: Return on Investment using technology (oil and gas)](https://reader036.fdocuments.net/reader036/viewer/2022082904/589e7dee1a28ab300b8b69a1/html5/thumbnails/1.jpg)
Automation
Sarah Tamilarasan
![Page 2: Return on Investment using technology (oil and gas)](https://reader036.fdocuments.net/reader036/viewer/2022082904/589e7dee1a28ab300b8b69a1/html5/thumbnails/2.jpg)
Considering Automation
• Reduces error to 1% vs. human error (5%), 5000 bopd Facility• Annual savings approx. 3.6M (@$50 per barrel)• Increase Uptime, Pumpers, Foreman can focus on trouble
shooting wells, instead of data gathering
Proficient use of Man power
• Provides a real time window to operations• Identify causes of well downtime, could due to 3rd party (oil/gas)
midstream companies
Corporate Office Engineers
Management
• Accurate well data enhances/validates business decisionsBusiness Decisions
![Page 3: Return on Investment using technology (oil and gas)](https://reader036.fdocuments.net/reader036/viewer/2022082904/589e7dee1a28ab300b8b69a1/html5/thumbnails/3.jpg)
Investment
Minimum of 1MM (Scada
Interface)
Buy in from users Field Personnel,
corporate office
Additional $40k per well for
field instrumentatio
n (based on wireless system)
Implementation of SCADA system• Spend 3 months
evaluating issues surfaced by SCADA
![Page 4: Return on Investment using technology (oil and gas)](https://reader036.fdocuments.net/reader036/viewer/2022082904/589e7dee1a28ab300b8b69a1/html5/thumbnails/4.jpg)
Fundamentals of Automation
I&E TeamInterface System
Field Instrumentation
![Page 5: Return on Investment using technology (oil and gas)](https://reader036.fdocuments.net/reader036/viewer/2022082904/589e7dee1a28ab300b8b69a1/html5/thumbnails/5.jpg)
Field Instrumentation
50-70k per 3 well pad
Less Man hours. Installation 20hrs 3 well pad
Easier Maintenance/Troubleshoot
Wireless
250k per 3 well padAdvanced Programming
80 man hours 3 well pad.Superior Reliability
Complicated Troubleshooting
Hardwired
![Page 6: Return on Investment using technology (oil and gas)](https://reader036.fdocuments.net/reader036/viewer/2022082904/589e7dee1a28ab300b8b69a1/html5/thumbnails/6.jpg)
I&E Team
Proficient I&E Scada supervisor, capable of managing Budget of annual capex of 1MM and more
Use contract team for maintenance/installs
Lead time 6 week. Place orders 8-12 weeks in advance
Implement Maintenance schedule
![Page 7: Return on Investment using technology (oil and gas)](https://reader036.fdocuments.net/reader036/viewer/2022082904/589e7dee1a28ab300b8b69a1/html5/thumbnails/7.jpg)
Interface System
Capex minimum of 800k (based on 200 wells) and above
Provides window to daily operations. Production Engineers, management identify solutions to reoccurring problems
Troubleshoot, provide priorities for field personnel
Options include Cygnet, Wonderware, etc.
Consider contract 3rd party for maintenance, example purchase block of hours per month
![Page 8: Return on Investment using technology (oil and gas)](https://reader036.fdocuments.net/reader036/viewer/2022082904/589e7dee1a28ab300b8b69a1/html5/thumbnails/8.jpg)
Examples of Charts• Gas rate shown in red, with oil rate shown in green. • Production Engineers/Foreman/Superintendent can identify specifics to predict future
production
![Page 9: Return on Investment using technology (oil and gas)](https://reader036.fdocuments.net/reader036/viewer/2022082904/589e7dee1a28ab300b8b69a1/html5/thumbnails/9.jpg)
Trouble Shooting
Coordination is key (Winner was Calibration)• Installation• Calibration• SCADA System