BP presented â€œa futuristic sceneâ€ illustrating how real-time oilfield data integration is enabling the recovery of more oil and gas from its reservoirs.
BP presented â€œa futuristic sceneâ€ illustrating how real-time oilfield data integration is enabling the recovery of more oil and gas from its reservoirs at the exhibition held on the sidelines of the International Petroleum Technology Conference (IPTC) that concluded yesterday.
Using new holopro screens, BP portrayed a â€œfieldofthefutureâ€ monitoring centre set up in the Middle East region.
â€œI believe BP is leading the industry in developing field-of-the-future technologies and applying them in our key oil and gas operations and developments around the worldâ€, said Dr Andrew Brayshaw, BPâ€™s director for new business development in the Middle East.
He added: â€œBP is at the cutting-edge of integrating these new technologies. We currently have five pilot schemes implementing fieldofthefuture technologies, with plans to raise that to twelve over the next two years.â€™â€™
Explaining fieldofthefuture, Dr Brian Hunter, BP country manager in Qatar said it is â€œ…a combination of new surface and subsurface monitoring techniques, in parallel with latest developments in digital technology communications. This is enabling better decisions to be taken and acted on rapidly and effectively. It is also leading to a deeper understanding of oil field reserves and how each well is performing; driving increased operating efficiencies, reduced operating costs per barrel, higher production and improvements in ultimate recovery.â€
BP said independent experts believed such innovative technologies would help reduce costs by between 10% and 25%, boost production by as much as 7% and improve oil recovery.
Cambridge Energy Research Associates (CERA) estimates that such well monitoring and petroleum reservoir imaging technologies could expand global oil reserves by 125bn barrels by 2013.
â€œEqually important is how to make better use of our highly trained engineers, geoscientists, researchers and operators. By moving data to people rather than people to data, we can make better use of our expertsâ€™ know-how, no matter where they are in the world. Through broadband communications, a wealth of global expertise can be brought to bear instantaneously on fields anywhere,â€ Dr Hunter said.
The BP-operated Valhall field in Norway is the worldâ€™s first operational field of the future.
Regarding the application of such technology in the Middle East, Dr Brayshaw said: â€œBP has a proven track record in applying latest technologies in an innovative way to achieve world-class recovery factors on its giant fields – such as at Prudhoe Bay in Alaska. If requested, we would be excited to share our technologies and global expertise with national oil companies around the region to push the technical limits of oil recovery.â€
Source : www.gulf-times.com