Smart Oilfield Technologies and Management: Maximizing Real-Time Surveillance and Utilization

Abstract

Abstract Smart oilfield technologies and management real-time data surveillance, in terms of reliability and availability, has proven essential in the process of prolonging asset lifespan, improving asset integrity, and proactively preventing problems. This illustrates a leadership role in the integration of cutting-edge technologies by utilizing an Intelligent Field concept. Surveillance capitalizes on real-time data transmitted from Intelligent Field equipment, where mathematical algorithms and logic are automated and imposed. The application captures specific sets of data to help identify and analyze challenges associated with Intelligent Field equipment. Major prevailing benefits include, identifying systematic techniques to utilize automated diagnostics for reduction in human intervention, develop field level surveillance, cross-validating measurements through online modeling, and further enhance collaboration. This paper details the methodology, the outcome, the requirements, and considerations associated with effective real-time data utilization in energy industry applications. The platform allows business team members and their partners to communicate, collaborate, and coordinate activities in real time.