Conceptualization of smart solutions in oil and gas industry

Redutskiy, Yury

doi:10.1016/j.procs.2017.05.435

Cited by 12 publications

(9 citation statements)

References 14 publications

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“…Changing the values u , it is got other values Ŷ , Y C , and respectively p . Therefore, considering the vector Y as a random vector-function () Yu of an independent deterministic argument, it is possible to influence the probability value (6). Thus, in the role of the integral quantitative assessment of the controllability of the PLS, the value of…”

Section: Indicators Of the Pls Controllabilitymentioning

confidence: 99%

Research of the problems and development of the indicators of controllability analysis of pipeline systems

Novitsky

2019

E3S Web Conf.

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The article is devoted to the problem of analyzing the controllability of pipeline systems (PLS) of the power industry (heat, water, gas, etc.). Controllability for the first time is considered as a complex property that includes such private properties as permissibility, reliability, and efficiency of PLS operation conditions achieved by the control. Against the background of the general characteristics of the processes of the intelligent automation of PLS management, the urgency of the problem of quantifying the resulting systemic effects is revealed. A brief structuring of the goals and objectives of the analysis of PLS controllability is given. Probabilistic models of their operation conditions are introduced, taking into account the uncertainty of external influences and the internal state of the PLS. A system of probabilistic indicators for an integral quantitative assessment of the controllability of the PLS, which can be used as a basis for analyzing the potential effects of introducing various components of the PLS intellectualization, as well as developing controllability standards is proposed.

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Section: Indicators Of the Pls Controllabilitymentioning

confidence: 99%

Research of the problems and development of the indicators of controllability analysis of pipeline systems

Novitsky

2019

E3S Web Conf.

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“…All this is due to the lack of awareness as to how exactly a certain control decision affects the reservoir draining process, both in the short and the long run. On the contrary, Smart Field solutions employ certain advanced instrumentation and specialised software, all of which aim to improve the knowledge of operations and predict the outcome of each control action (Redutskiy, 2017a). The goal of advanced capabilities of smart solutions is to maintain the economic efficiency of hydrocarbon production in the risky nonconventional environments.…”

Section: Yury Redutskiymentioning

confidence: 99%

Oilfield development and operations planning under geophysical uncertainty

Redutskiy

2017

Engineering Management in Production and Services

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The oil and gas industry nowadays is challenged by dealing with nonconventional reserves and offshore environments. Decision-making associated with projects in the petroleum sector has to handle various technological issues, risks, and uncertainty. The Smart Fields approach was introduced to cope with complicated production conditions and make the production of hydrocarbons economically efficient. A significant part of this approach is proactive planning which implies taking into account the uncertainty, or lack of knowledge of the recoverable reserves, future hydrocarbon prices and various operational issues inherent in the projects. In this study, a multi-stage stochastic programming approach is employed to cover the relevant engineering issues of oilfield development and petroleum production while addressing the geophysical uncertainty related to the developed deposit. The proposed model covers such aspects as well drilling, gathering pipeline infrastructure planning, capacity selection for the infrastructure and the processing units, as well as planning the production operations with consideration of artificial lift efficiency. The model aims to optimise the entire field lifecycle, given the chosen planning criterion, that is an economic criterion of the project’s net present value. The contribution of the developed model to the area of planning in the petroleum industry is the detailed consideration of the technology: the flows and pressures in the planned infrastructure, reservoir behaviour, and the artificial lift performance. The goal of including these technological details is to apprehend the economic tradeoff between investments, operating costs and the prospective revenues, given the lack of knowledge of the geophysical properties of the developed deposit. The stochastic modelling implemented in this study is relevant to the development projects in nonconventional environments, where several deposits of various sizes are present; however, not each deposit's properties get to be studied in detail.

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“…ICT is amongst the smart solutions that were introduced to the industry in the hopes of improving production while achieving sustainable development. The term "smart solutions" have been gaining a lot of attention within the industry and literature in recent years, because of its importance and great potential impact on the oil and gas industry, still a lot of confusion is surrounding this concept [12]. This paper aims to study the concept of smart technology within the petroleum industry from a general point of view.…”

Section: Introductionmentioning

confidence: 99%

Smart Solutions in the Oil and Gas Industry: A Review

Sarrakh¹,

Renukappa²,

Suresh³

et al. 2019

JOCET

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A great importance had been given to sustainable development in the past decades, especially within the oil and gas industry, companies around the world are expanding their strategies in order to follow the current trend and information and Communication Technology are considered as a key factor for achieving sustainable development. That along with the constant technological development the oil and gas sector is experiencing had forced the industry to adapt smart solutions in order to meet the market's changing demand and improve the efficiency of its operations. With the goal of studying examples of smart solutions within the oil and gas industry from a general perspective, a literature review was conducted and the main characteristics and attributes of each solution had been exploited. Smart solutions gained a great appreciation in the industry, but their application is still modest, and the industry did not benefit from it in a meaningful way and has little impact on companies' business model.

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Conceptualization of smart solutions in oil and gas industry

Cited by 12 publications

References 14 publications

Research of the problems and development of the indicators of controllability analysis of pipeline systems

Research of the problems and development of the indicators of controllability analysis of pipeline systems

Oilfield development and operations planning under geophysical uncertainty

Smart Solutions in the Oil and Gas Industry: A Review

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