OSIsoft: Real-Time Data Strategy for Advanced Oil & Gas Operations – Milan

 
Presentation from the Sigmafine Summit in Milan, October 10, 2019.

Abstract

This presentation looks at how the use of real-time data has changed significantly across the Oil & Gas industry, from relatively straightforward historian technology towards advanced real-time data platforms.

It explores how these platforms can provide mechanisms for the most advanced Oil & Gas operators to build layers of operational intelligence around all their different types of equipment which then act as the basis for real-time data storage, analysis, modelling, predictions and automated workflows.

It will explain how vast quantities of data can be analysed in near real-time, KPI’s and operational parameters automatically calculated, data quality checked and patterns and events in data easily recognized and acted upon to ensure that operations continue to run as smoothly as possible.

The advent of all this functionality within the modern real-time data platform has changed the way in which interactions with tools such as Sigmafine takes place and new opportunities have arisen as a result.

Presented by

Russell Herbert
Oil & Gas Industry Principal
OSIsoft

Russell is OSIsoft’s Oil & Gas Industry Principal in EMEA. Russell brings extensive Industry experience and subject matter expertise following his time working at Tullow Oil, BG Group and Schlumberger.

At OSIsoft Russell continues to work closely with the EMEA Oil & Gas industry to help them successfully transform their operations around the use of real-time operational data. A lot of this work involves best practice discussions, providing industry insight and running strategic workshops on how real-time technology, like OSIsoft’s PI System, can significantly improve operations whilst also enabling important emerging technology trends such as Predictive Analytics, Machine Learning, Artificial Intelligence, IoT and Integrated Operations. Recent engagements have included projects with Shell, BP, Saudi Aramco, ADNOC, ENI, and Repsol.

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