Page 14 - Intelligent Digital Oil And Gas Fields

Preface xiii

workflows on well production decisions from the perspective of “smart,”
automated and model-based decisions for optimizing production. The jour-
ney then moves from the well to the “integrated asset” by detailing how
companies use integrated asset models to manage assets (reservoirs) within
a DOF context. From model to practice, new ways to operate smart wells
enable optimizing an asset. The book also describes collaborative systems
and ways of working and how companies are transitioning their work forces
to use the technology to make more optimal decisions.
We provide many examples and lessons learned from various case studies,
which create a reference that can help managers, engineers, operations, and
IT professionals understand specifics on how to filter data, address analytics,
and link workflows across the production value chain—that is, its people,
processes, and technologies—thereby enabling teams to make better deci-
sions with more certainty and reduced risk.
The DOF started as a small and expensive technology investment. But as
the broader information and communication technologies have emerged
and costs have plummeted, the O&G industry and DOF systems are leverag-
ing those advances—such as Big Data, ubiquitous communication and
lowered costs of DOF sensors and technologies—for significant value.
Today large and small O&G companies can use this quickly evolving tech-
nology to achieve real value, and it may be more important now than ever.
With data volumes and complexity increasing and operating environments
and budgets becoming more challenging, engineers and managers are
pressed to keep up with infrastructures that are more complex and turn their
data into optimized operations and profitable decisions.
This book provides extensive references for further reading and a final
chapter on the next-generation DOF. Use it as a reference to help transform
engineering workflows and data analytics into successfully delivered O&G
projects.

Gustavo Carvajal
Sr. Reservoir Engineer at BP America

Marko Maucec
Petroleum Engineering Specialist at Saudi Aramco

Stan Cullick
Engineering Advisor, Rare Petro Technologies, Inc. and CEO,
Greenway Energy Transformations, LLC