Javascript must be enabled to continue!
Adoption of Integrated Asset Modeling Approach to Kick-Start the Corporate Digital Transformation Strategy
View through CrossRef
Abstract
The adoption of an integrated asset modeling approach was explored to kick-start the corporate digital transformation strategy for its oil and gas section. Besides the integrated asset model, the digital initiatives included predictive maintenance, well performance optimization, and a flow assurance advisor aimed at daily production operations and maintenance, creating a pathway to the digital oilfield (DOF). The integrated asset model would be the main pillar of DOF realization and implementation, its offered technology aimed at short-term, medium-term, and long-term planning.
The adopted well-proven integrated asset modeling methodology enabled a geological complex with a high-fidelity physics reservoir model, multiple interdependent wells, pipeline networks, process facility models to be integrated seamlessly on a single platform for validation of its existing production operation strategy and field development plan. The black-oil reservoir model was history matched, and the production network models had detailed wellbore and pipeline hydraulics calibrated with the latest well-test data. The compositional fluid modeling allowed the capture of any flow assurance issues that arose across the networks, which were mapped to the corresponding process facility models with physical specifications and operational constraints defined.
A fully integrated asset model was developed for the studied asset, where liquid/vapor tables were prepared for black-oil delumping (Ghorayeb and Holmes, 2005) of the reservoir models to surface network models (Mora et al. 2015), while fluid models of both production network and process models were validated before mapping to ensure fluid fidelity. The availability of this integrated asset model with an embedded spreadsheet program incorporating some simple economic calculations allowed the flexibility of short-term production optimization and long-term asset planning, which was focused to provide all the vital valuable inputs to better field management, fast and accurate decision making, and optimum safe operation of process units in meeting the sales contract.
The integrated asset model offered a platform for engineers from different domains to collaborate with aligned common operational and planning objectives. It empowered assessments of production operation strategy and field development scenarios conducted at full field level from pore to process. The customized reporting, the ability to connect to other tools, and to push results to dashboards helped to kick-start the corporate digital transformation strategy.
Title: Adoption of Integrated Asset Modeling Approach to Kick-Start the Corporate Digital Transformation Strategy
Description:
Abstract
The adoption of an integrated asset modeling approach was explored to kick-start the corporate digital transformation strategy for its oil and gas section.
Besides the integrated asset model, the digital initiatives included predictive maintenance, well performance optimization, and a flow assurance advisor aimed at daily production operations and maintenance, creating a pathway to the digital oilfield (DOF).
The integrated asset model would be the main pillar of DOF realization and implementation, its offered technology aimed at short-term, medium-term, and long-term planning.
The adopted well-proven integrated asset modeling methodology enabled a geological complex with a high-fidelity physics reservoir model, multiple interdependent wells, pipeline networks, process facility models to be integrated seamlessly on a single platform for validation of its existing production operation strategy and field development plan.
The black-oil reservoir model was history matched, and the production network models had detailed wellbore and pipeline hydraulics calibrated with the latest well-test data.
The compositional fluid modeling allowed the capture of any flow assurance issues that arose across the networks, which were mapped to the corresponding process facility models with physical specifications and operational constraints defined.
A fully integrated asset model was developed for the studied asset, where liquid/vapor tables were prepared for black-oil delumping (Ghorayeb and Holmes, 2005) of the reservoir models to surface network models (Mora et al.
2015), while fluid models of both production network and process models were validated before mapping to ensure fluid fidelity.
The availability of this integrated asset model with an embedded spreadsheet program incorporating some simple economic calculations allowed the flexibility of short-term production optimization and long-term asset planning, which was focused to provide all the vital valuable inputs to better field management, fast and accurate decision making, and optimum safe operation of process units in meeting the sales contract.
The integrated asset model offered a platform for engineers from different domains to collaborate with aligned common operational and planning objectives.
It empowered assessments of production operation strategy and field development scenarios conducted at full field level from pore to process.
The customized reporting, the ability to connect to other tools, and to push results to dashboards helped to kick-start the corporate digital transformation strategy.
Related Results
PERAN TATA KELOLA PERUSAHAAN DALAM MEMODERASI PENGARUH IMPLEMANTASI GREEN ACCOUNTING, CORPORATE SOCIAL RESPONSIBILITY DAN FIRM SIZE TERHADAP KINERJA KEUANGAN
PERAN TATA KELOLA PERUSAHAAN DALAM MEMODERASI PENGARUH IMPLEMANTASI GREEN ACCOUNTING, CORPORATE SOCIAL RESPONSIBILITY DAN FIRM SIZE TERHADAP KINERJA KEUANGAN
This study examines the role of corporate governance in moderating the influence of green accounting disclosure, corporate social responsibility (CSR), and firm size on the financi...
Biomechanical Analysis of Mawashi-Geri Kick Motion on Kenshi Shorinji Kempo Jambi Province
Biomechanical Analysis of Mawashi-Geri Kick Motion on Kenshi Shorinji Kempo Jambi Province
In randori Shorinji Kempo, various variations of attacks are used to get a high number of scores. Mawashi-Geri is the kick most often used by kenshi. Mawashi-Geri has the privilege...
Corporate heritage, corporate heritage marketing, and total corporate heritage communications
Corporate heritage, corporate heritage marketing, and total corporate heritage communications
PurposeThe purpose of this paper is to advance the general understanding of the corporate heritage domain. The paper seeks to specify the requisites of corporate heritage and to in...
Integrated Pore-to-Process Modelling Approach for Confident Decision-Making in Field Development of a Complex Onshore Gas-Condensate Asset in the Middle East
Integrated Pore-to-Process Modelling Approach for Confident Decision-Making in Field Development of a Complex Onshore Gas-Condensate Asset in the Middle East
Abstract
A complex onshore gas-condensate asset in the Middle East has a roadmap to deliver an ambitious targeted production rate within a set timeframe and meeting ...
Probabilistic Models for Kick Tolerance
Probabilistic Models for Kick Tolerance
Abstract
Kick tolerance is an evaluation of how large kick sizes i.e. kick volumes an open hole section can withstand without threatening the formation integrity at ...
Bioethics-CSR Divide
Bioethics-CSR Divide
Photo by Sean Pollock on Unsplash
ABSTRACT
Bioethics and Corporate Social Responsibility (CSR) were born out of similar concerns, such as the reaction to scandal and the restraint ...
ANALISIS GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN
ANALISIS GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN
AbstractHigh corporate value becomes the desire of the owners of the company, because with a high value indicates the high prosperity of the shareholders, and they will invest capi...
CORPORATE CULTURE AS AN ELEMENT OF THE STRATEGIC MANAGEMENT SYSTEM OF A MACHINE-BUILDING ENTERPRISE
CORPORATE CULTURE AS AN ELEMENT OF THE STRATEGIC MANAGEMENT SYSTEM OF A MACHINE-BUILDING ENTERPRISE
The purpose of the article. The article analyzes the corporate culture as one of the tools with which you can effectively manage the personnel of the enterprise. The structure of c...

