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  • Integrating business and technical workflows helps achieve asset-level production optimization

    M. Szatny

    The pressure on the oil and gas industry to meet growing energy demand-while faced with fewer technical professionals, more complex reservoirs and smaller economic margins-is making it more critical than ever for operators to make quick, accurate and informed field development decisions that efficiently leverage the expertise of seasoned technical professionals. The industry is looking for information technologies that can extend the reach of technical experts and better ground high-level business decisions in the scientific evaluation of the asset. Flexible workflow automation systems can now take technical production applications at the engineering level and put them in a computing environment where they can be integrated with Business Process Management (BPM) systems to create automated asset-level workflows. In initial implementations, the results have included more efficient production operations, less personnel time required to complete repeatable production tasks, better incorporation of uncertainties into business-level decisions and, most importantly, increased reservoir production.

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2013 Fracturing Technology

2013 Fracturing Technology