Day 4 Thu, August 19, 2021 | 2021

Value Tracking Thru Digital Fields Countrywide Solution Big Data Analytics Project

 
 
 
 
 
 

Abstract


\n The Digital Field initiative is transforming the daily operations on the oilfield and it is now part of PETRONAS corporate wide digital strategy.\n This transformation is done by onboarding multiple disciplines such as subsurface team, facilities, and operations, HSSE and Business Planning and is designed to replicates the performance of an oilfield in the computer, combining business process management and technical workflows. Digital Field has enabled the customer to execute their work collaboratively, by providing decision support system (technical workflows and business process management tools) subsequently improving their process efficiencies and optimizing their production. It is believed that by conducting a systematic review of the improvement and tracking the values that has been achieved, it will help to promote and accelerate digital adoption faster.\n The main objectives of the Automated Value Tracking are:\n To promote opportunity generation through collaborative environment. To track stages of every opportunity of the following categories of Production Optimization, Unplanned Deferment and Process Cycle Efficiencies. To quantify values associated with opportunities generated from automated workflows and current business process. To promote ownership of the actions associated with the assigned opportunity and to help to quantify on individual level contribution to the corporate goal in terms of production volume and time savings. To measures optimized number of opportunities generated against production volume associated with Production Optimization activity according to Field category and Quality of Opportunity Generated from Optimization Advisor.\n The process is summarized as follow:\n Opportunity generation: Automated opportunity generation generated through current Production Optimization Advisory framework. Integration with existing Petronas business process tools i.e. Daily Operational Tracking System, Alpha projects, Opportunity Management system, etc. Manual opportunity generation. Opportunity evaluation and analysis: Provide quantitatively confidence level of production incremental volume from automated Optimization Advisory through machine learning. Establish relationship between numbers of opportunity completed and categories versus production volume gain. Opportunity tracking and approval: Tracking the opportunity generation according to the process level. Escalating Opportunity and value recognition through business process approval.\n This workflow helps to improve to understand the current update of the different levels such as well, field, region and upstream with the help of integrating the value realization and allows cards to show information that can trigger opportunities to increase production, reduce time of decision and fast action.

Volume None
Pages None
DOI 10.4043/31046-ms
Language English
Journal Day 4 Thu, August 19, 2021

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