Playbooks Supplements

Data-Driven Oil Fields 2017

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JANUARY 2017 | DATA-DRIVEN OIL FIELDS | EPMAG.COM 4 KEY PL AYERS KEY PL AYERS KEY PL AYERS Collaborative Solutions, Smart Systems Keep the Digital Oil Field Thriving These top technology providers continue to develop and deliver solutions to the industry. By Ariana Benavidez Associate Managing Editor T here's no doubt technology has made our lives easier. While operators are facing downturn challenges, various companies have been able to deliver technology solutions to help ease those struggles both onshore and offshore and at the fi eld or in the offi ce. In fact, "over the next three to fi ve years, 80% of upstream oil and gas companies plan to spend the same, more or signifi cantly more (30%, 36% and 14%, respectively) on digital technologies as they do now," according to a survey by Accenture and Microsoft Corp. released in March 2016. Respondents to the "2016 Upstream Oil and Gas Digital Trends Survey" included international oil companies, national oil companies, independents and oilfi eld services fi rms. "While 66% [of respondents] identifi ed analytics as one of the most important capabilities for transforming their company, only 13% felt their fi rm's analytical capabilities were mature. Almost two-thirds (65%) plan to implement more analytic capabilities in the next three years to help address this need," the survey reported. The following is a sampling of the key players in the digital oil fi eld and some of the offerings they provide. ABB ABB provides power and automation products, systems and services with a complete and integrated assortment of supply capability that ranges from plant electrifi cation to control, op- timization and safety systems, smart fi eld instrumentation, ana- lyzers and telecommunications systems. The company integrates a full line of power systems, power conversion products, power management software, remote monitoring, turnkey integration services and site support. Additionally, the company provides the wellhead control panels needed to manage what is happening below the ground, the SCADA systems that handle the operation of the pipeline network aboveground, and the custody transfer and production metering processes that are needed to keep track of what has been produced, according to the company website. ABB also offers ABB's electrical and communication systems were used for the Al Nasr Field, which is located about 130 km (81 miles) northwest of Abu Dhabi City and is jointly developed between Abu Dhabi National Oil Co., Inpex, BP and Total. (Photo courtesy of ABB)

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