he oil and gas industry forms the fulcrum of any economy and most US companies in business are focused on bringing more fuel-value to the country. For a country that majorly depends on its enriched sources, there are common data capture issues that have been addressed with the help of efficient production software. The aim is to reduce the LOE and at the same time all field related activities are related to the Pumper. A successful system will help to scale the operations, reconcile monthly oil purchases, puts statements in place for audit and track down any anomalies. This blog will help you to navigate some automated production methods to adopt to make field data capture a smoother job.
Current scenario in oil & gas industry
FDCs still on paper!
While in many other operational areas the industry has adopted technological advances, the same cannot be said about field data capture. In the formation field data capture is still being collated on paper and the reliance on manual activity is time consuming. At times it is also erroneous leading to disruption. Often it takes days to put the data into system so that some action can be taken on the data compiled. Many problems may not be identified or detected on time. This creates further stress for service providers and operation teams. Yes, often smartphones are used but they cannot be depended for scaling any operations or even automate the field data capture. What’s more, they do not have the installation ability for custom software. It’s also difficult to work offline with its limitation. Often, in some areas the bandwidth is not available and signal interferences add to the delay in actions. In such cases it is difficult to implement or even install the software, leave alone manage it efficiently.
New technology shakes the FDC process
Streamlined & customized opportunities available
When it comes to the Pumper, a dynamic rerouting can be done with a production software solution. The algorithms are designed to increase the efficiency and production capacity. When the operating team is able to focus on high priority areas, they can identify and detect errors and take action in real time. They also impact the compliances required, tank limits, inventory check and optimized production capabilities. There are many different management solutions that have been introduced for the oil & gas sector. Various sets of teams can gather data, analyze it and take action in quick time. This eventually helps in making key decisions taken for the prices of crude oil in the financial markets.
Importance of lease operators (pumpers)
Critical data capture to manage asset
The main job of a pumper is to move the wells and check the meters. He notes down all the readings on a grease sheet even from the tanks and other installations in the area. As technology advances, the same is done on a hard notebook in which a production software is installed. He may even use a computer base to record all the data. Once recorded, he will sync the data to the central server. The lease operator needs to understand that the field data capture he gets is important and comes with ramifications if the work is not done properly. The assets can simply become expensive and cost prohibitive. Hence, management is the key solution to this issue.
They need to use dynamic routing boosts five core areas:
Move on with new systems
Use EAV, the perfect data model
To remain in business, it has become important to switch to new systems that aid the data capture and management in the oil & gas industry. The ideal process would be to get the data and recordings on any device like tablet or iPod or even a mobile phone and then get it transferred to the core server for analysis. Flexibility allows the pumper to manage the asset very well. He can record at any frequency and take readings from any equipment. The new systems are also compatible with regulations like BLM orders and GHG requirements. The use of FDG provides EAV (Entity Attribute Value), a perfect data model. To save time and money, the fastest allocation engine can be a booster. Another way to boost the performance of the pumpers is to invest in SCADA which works in real time syncing of data. It is useful for systems like OSI-PI, CygNet, XSPOC, lynx, and Wonder ware.