Upstream process plants collect production data from many different wells, sometimes hundreds. Reducing the percentage between the production of the surface facility and the actual reporting from wells is important but not easy.
The integrated solution from KBC and Yokogawa allows for near real-time calculation of well downtimes. Read our article in Oilfield Technology on how one customer is seeing the benefits.
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Aug 15, 2019
In the past, when oil prices were higher, upstream producers were very focused on managing their assets for maximum production volume. However, in the current and forecast business environment, there is a much greater need to manage for value. Maximum value is not always maximum flow; this can sometimes lead to value destruction. So what does managing for value mean for an upstream producer?Read full article
Feb 4, 2020
Achieving autonomous operations is all about empowering the plant to run, learn, adapt and thrive in tomorrow’s environment. Dynamic real-time optimization gives a fast automated response based on the actual changes in raw material properties, product demand, and operating conditions.Read full article
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