Full text loading...
-
A Digital Methodology for Large Scale Integrated Optimization of Production Planning and Operations
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, First EAGE Digitalization Conference and Exhibition, Nov 2020, Volume 2020, p.1 - 5
Abstract
Producing assets and their gathering networks are multi-faceted, with multiple diverse data sets and modelling and analysis tools. Consolidating these into a single automated, operational environment can greatly streamline surveillance and management of these assets. However, this type of modelling does not always properly represent the asset as a whole, as individual elements have impacts on preceding and subsequent areas. The purpose of this presentation is to show a simple and effective methodology to generate this integrated model, to allow optimization of production planning and operation processes. By leveraging modern data integration, modelling and orchestration tools, up to date insight into all aspects of the operation can be provided across the business, enhancing planning, forecasting and decision making capabilities.