Opinion

Big Data Analytics: Learning From Oil And Gas Majors

Posted by Julia

22-May-2020

https://automacongress.com/


Oil and gas companies face many challenges: lack of operational processes visibility, predictive maintenance and performance improvement, logistics complexity, environmental regulations restriction, and other. Data generated by a company may be used to overcome them, but it should be properly analysed to have value. It boosts the development of AI and organized data analysis. In this article, I will show how upstream, midstream, and downstream sectors can benefit from Big Data analytics and how O&G majors use these innovations in their projects. 

Improving and forecasting production

An AI system can analyze data from seismic surveys, geology evaluations, and reservoirs using machine learning and neural networks. Oil models can help improve the safety, efficiency, and profitability of upstream operations. It might improve the global average underground recovery by up to 10% and for subsurface initiatives up to 30%. In collaboration with IBM, the Repsol Technology Lab developed Excalibur, an AI tool comparing geological reservoirs, to conduct upfront evaluations. In testing, Repsol obtained an improvement of 9% over the other solutions. Data analytics also help to determine the amount of oil and gas left in reservoirs; it is used to create its 3D and 4D maps

Reducing maintenance expenses

Customizing predictive models can forecast potential equipment failures during drilling operations and refining. The equipment sensors data, together with metadata (model, operational settings, etc.) is put into machine learning algorithms to identify usage patterns that are likely to end in breakdowns. Shell developed an analytics platform to run predictive models using Databricks that captures streaming data through Apache Spark. The tool is hosted in Microsoft Azure's cloud and helped Shell to reduce inventory analysis from 48 hours to 45 minutes.

Drones and 3D virtual modelling combined with data analytics allow creating digital twin of the whole structure. Recently, Equinor has built digital twins for four of their oil field projects with one of them embedding gaming visualization into 3D models. In 2019, ADNOC started their project with Landmark to build a country-wide Integrated Capacity Model (ICM) representing more than 80 reservoirs. It's the digital twin of the whole company's assets, surface, and subsurface.

Smart and safe logistics

The major concern is to transport oil and gas with the lowest risk possible. Predictive maintenance software analyzes sensor data from pipelines and tankers to detect abnormalities and prevent accidents. Shell also utilises complex algorithms to analyse transportation and production costs data, economic factors that drive demand, and even the weather patterns to make decisions on how and where to move refined products and how to set the prices.

Cutting carbon footprint

Energy is one of the largest components of the oil and gas company's cost structure and it has become even more important due to the imposed regulations. Many companies now take their efforts to the next level by monitoring and optimizing energy use in real time and leveraging Industrial Internet of Things generated data.

One of the leading projects in this area is Eni Green Data Centre in Ferrera Erbognone. It broadened the green approach to data by applying it to construction and operation. Center houses all of the company's supercomputing systems, data and central processing systems. It is home to HPC5, the most powerful industrial supercomputer in the world. HPC5 has been designed to be as energy-efficient as possible. It uses using energy by the solar plant to reduce emissions and running costs. HPC allowed Eni to patent a new reactor using EST technology to convert the residue of refining, heavy oil, and bitumen into light products.

Eni Green Data Centre visitation is possible in frames of AUTOMA 2020 - Oil and Gas Automation and Digitalization Congress in October. The Congress is co-hosted by Eni in Milan. It is dedicated to key industry issues and topics in upstream, midstream, and downstream operations: Data Management, Artificial Intelligence and Machine Learning, Digital Twins, Cybersecurity, and more. AUTOMA 2020 is the networking platform with a limited competition that allows reaching the top management of leading companies.


Contact me on Linkedin to book your participation and get more information on the Congress.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

https://automacongress.com/

AutomationDigitalizationOil&GasEniAUTOMAReginaChislova

More items from juliaa


Executive Conversation with AspenTech and Wood: Optimizing Operations in Any Market Condition

Please join Antonio Pietri, President and CEO of Aspen Technology, and Darren Martin, Chief Technology Officer, Wood, for our upcoming Virtual Executive Conversation on December 3, 2020. Learn how you can put the pieces in place to create the Self-Optimizing Plant and achieve operational excellenc ...

Julia


Париж   IDF   FR 03 Dec 2020


Posted 4 days agoEvent

4 Challenges That May Slow Down Company Automation and Digitalization

The Oil and Gas industry has had a large automation and digitalization boost during the last decade. However, companies need to bear in mind the industry specifics and internal factors while planning to implement these technologies. Here are some of the main challenges to consider in your transfo ...

Julia


Posted 14 days agoOpinion > AutomationDigitalizationAUTOMA

Bapco & Aspen Technology: Era of remote operations – from Modern Technologies to Human Interactions – Energy Northern Perspective

BGS Group invited leaders from Bapco and Aspen Technology to sort out these questions, discuss and disclose the technological and psychological aspects. On the 12th of November, Gaetano De Santis (General Manager Maintenance Division at Bapco) and Antonio Pietri (President and Chief Executive Off ...

Julia


Posted 16 days agoLink > BapcoAspen Technologyfree webinar

LNG: ENVIRONMENTAL BENEFITS AND GREENER PERSPECTIVE

In 2015 nearly 200 signatory nations' representatives submitted their aim to cut the world's greenhouse gas emissions by 2030 with the Paris Agreement. LNG is seen as one of the most effective solutions to this problem that can reduce carbon dioxide emissions, improve air quality, and public healt ...

Julia


Posted 22 days agoOpinion

What is the most important while working with data? | AUTOMA 2020

BGS Group interviewed 4 industry leaders who have joined OG Automation and Digitalization Congress (AUTOMA 2021). Antonio Schiavone AWP Group Leader Tecnimont "The most important aspect is that the data is univocal in all the business processes and systems that are used. Marc Veuve ...

Julia


Posted 1 month agoLink
All posts from juliaa