The Executive Guide to Digital Intelligence for Oil and Gas

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1 Advanced Solutions The Executive Guide to Digital Intelligence for Oil and Gas Learn the techniques and technologies that can increase production by as much as 5%.

2 Today, Exploration & Production (E&P) companies are looking to maximize production while ensuring safe operations and avoiding environmental impact. By leveraging the power of digital intelligence, upstream oil and gas facilities can ensure safe production with higher uptime, reducing actual risks and proving regulations are met. TABLE OF CONTENTS 2

3 Introduction The complexity and scale of oil and gas assets continue to increase. In this environment, upstream firms require effective tools for off-site production monitoring, safety management and reporting, and asset maintenance. There is also a need for solutions to handle remote operations management, well performance optimization, production planning and exception-based surveillance. What if you could make sense of all the upstream data from your operations? What if you could enable integrated operations with digital intelligence? How do you change from asking and measuring, to advising and inventing? Imagine if you could discover improved processing efficiency, increased recovery, and greater safety and security for your production units. 3

4 Meeting Challenges in the Oil and Gas Industry. With the information revolution, E&P companies are required to do more, do it better, do it with more agility, and with fewer resources. The global vision is to utilize real-time instrumentation to deliver the right information, allowing faster implementation of decisions, with processes coordinated to provide innovative solutions for diverse production operations. Optimize Performance, Ensure Safety The upstream sector needs to ensure the safety of people, assets and the environment, while optimizing the performance of processes and facilities. Bring Together Diverse Disciplines and Functions Companies must leverage a common platform for operations and maintenance in order to drive performance of assets at different lifecycle stages. Make the Most of Digital Intelligence With the ability to capture, manage, and analyze the right data to make the right decisions, upstream firms can attain better visibility of profitability. They can also increase uptime, maintain safety, improve planning, and simplify procurement. 4

5 Today s Demanding Operational Requirements. E&P organizations that capture, manage and analyze the right data to make the right decisions gain a competitive edge. But doing so requires solutions to control process automation costs and improve the safety of operations while meeting strategic objectives. Remote Monitoring Upstream operators need to intelligently monitor a large number of wells in a single location, and provide performance information to users worldwide. Safety Management and Reporting Reporting and interpreting of alarms and alerts is central to safe operations. It is also important to act upon abnormal situations quickly and effectively. Asset Maintenance Companies are moving from preventative maintenance toward condition-based and predictive maintenance methods. Remote Operations Management Remote operations require integrated operations management applications providing an overall view of production assets. Well Performance Optimization Well performance monitoring and data acquisition are key to reducing production downtime and improving safety via faster identification of integrity issues. Production Planning Upstream firms seek more efficient and effective operations while reducing safety risks, increasing uptime, and making best use of resources. Exception-based Surveillance Intelligent well and field surveillance helps maximize field efficiency and resource recovery. 5

6 Making Sense of Data: Key to Productivity and Safety. For all upstream operations, it is crucial to access, analyze and present data to satisfy productivity and safety requirements. This starts with streamlining data collection, validation, surveillance and notification processes from field systems and engineering applications. Evolution of the Digital Oil Field The Digital Oil Field has evolved from digital gauges and transmitting devices for obtaining production rates and process readings, to dashboards and software for digital monitoring and operations. Integrated Platform Optimizes Decision-making Production, maintenance, engineering and planning can now be integrated to present the right data and processes to the appropriate people for better decision-making. Holistic View of Assets Improves Performance By making sense of vast quantities of data, companies can minimize production losses, improve asset utilization, enhance planning processes, and optimize production allocation. Perfect Safety Records Higher Uptime Improve Production Economics Better Operational Decisions More Remote Operations Reduce operational risks Provable safety Meet regulations Fewer unplanned shutdowns Maintenance time reduction More reliable processes Increased oil recovery Reduce production costs Extend asset life Faster incident correction More insight into operations Effective collaboration Support demanning initiatives Increase automated decisions Amplify key expertise 6

7 Reap the Promises of Technology with Digital Suites for Oil and Gas. E&P organizations strive to link once-separate functions and manage them within value chains. This involves fusing humans, data and technologies in a collaborative setting. But the automation solutions they choose must be fast and easy to deploy to reap the benefits digital technologies are promising. Honeywell has the right answer. The Right Package of Technologies, Products and Services Honeywell s Digital Suites for Oil and Gas specifically addresses upstream business and operational challenges. This integrated set of gas processing, natural-gas-liquids recovery, and measurement and control solutions is delivered worldwide and supported locally. Solutions Leveraging Global Experience and Best Practices Honeywell has 30 years of experience in the global oil and gas industry. We ve worked with E&P organizations to identify and integrate operational best practices into software solutions better leveraging data from production operations. Discover Digital Intelligence to Optimize Performance With the Digital Suites solution, users can make sense of all upstream data to perform at optimal production levels, thus driving safe and integrated operations. 7

8 Put Advanced Solutions to Work in Upstream Operations. Honeywell s Digital Suites for Oil and Gas includes functional modules with a common look and feel, deployed on a unified platform to maximize interoperability between functional work streams. This enables collaborative, best practice processes and unlocks the potential of key operational data. Purpose-built Applications to Meet Your Needs Operational Data Management Process history and oil and gas analytics applications collect, store and replay historical and continuous plant process information at the production level and enterprise-wide. Process Safety Alarm management solutions empower operators to detect and avert abnormal situations. Role-based dashboards indicate the health of alarm systems, and mobile devices can present alarm metrics from almost any location. Equipment Effectiveness Asset management solutions reveal the health of control systems and allow early fault detection. They also provide links to supporting documents, loop performance and fault reports, and centralize assetspecific documentation. Production Surveillance Well performance monitoring tools simplify monitoring of onshore and offshore well assets, and allow for smarter decisions. They indicate well performance vs. expectations and predict what each well can produce. Production Excellence Honeywell offers integrated oil and gas software and services to effectively manage all aspects of advanced control and optimization. Operational Performance Solutions for enterprise information management help make sense of information from operating facilities and across the enterprise. They provide better visibility into data when needed, and in the proper context. 8

9 How Major E&P Firms Improved Their Performance. The discovery and utilization of digital intelligence makes it possible to implement operational excellence as a business strategy. Here s how major E&P firms improved their performance with Honeywell s Digital Suites for Oil and Gas. Exception-based Surveillance Optimizes Production Operations Clean energy firm was combating the uncertainty and inaccuracy that impede bringing new fields on stream. Solutions were needed for intelligent well and field surveillance to optimize production operations, and maximize field efficiency and resource recovery. Thanks to exception-based surveillance employing Honeywell s Digital Suites technology, the company improved its Well and Reservoir Team s operating practices Standard Operating Procedures (SOPs) are now adhered to over the lifecycle of wells, which stay within the optimal operating envelope. Real-time Data Access Enhances Event Detection and Management Upstream oil and gas producer was developing centralized support centers to better deploy and sustain optimization solutions, and address resourcing remote assets and worker safety. Real-time data are processed to automatically detect anomalies in operations or equipment via exception-based surveillance. Support center analysts review triggered events and escalate issues for action based on event detection and management. 9

10 Honeywell A Single Source for All Your Needs. Honeywell has spent decades developing products and services for automation projects in the process industries. We offer a total control and safety solution, whether networked or standalone, from a single dependable source. Honeywell products are backed by a comprehensive warranty and a Technical Assistance Center staffed by personnel with solid product knowledge. Address Big Data with Digital Suites for Oil and Gas In a data-intensive environment, E&P firms must implement high-performance operational processes, understand problems, close performance gaps, and thus optimize operations. Honeywell s Digital Suites solution helps capture, manage, and analyze the right production information to generate digital intelligence for integrated operations. The results: increased safety, higher uptime, improved productivity, effective operational decisions and integrated remote operations. Customer results show Digital Suites for Oil and Gas can help improve production results by as much as 5%. For More Information To learn more about Honeywell s Process Automation Solutions, visit or contact your Honeywell account manager in your country/region. 10