Integrated Asset Operating Model is a holistic approach that fosters several processes such as data consistency, production optimization, well monitoring, field performance, allocation and target compliances; providing efficient and faster decision-making to improve reservoir management, flow assurance and production/process facility optimization. The integration of static and dynamic data from subsurface to surface, combined with real time data acquisition and automation, enable proactive surveillance routines that allow engineers to timely focus on problematic wells and opportunity generation that support the execution of the business plan in a more coherent and reliable fashion; evidenced by satisfactory results.
The process of improvement in an organization often involves change of management, clear communication channels, well defined goals and key health indicators to evaluate performance and take timely remedial actions when is required. IAOM has enabled continuous improvement year after year by following systematic operational workflows and processes that promotes collaboration and alignment among the different disciplines, and effectively translate objectives and opportunities into measurable success indicators to ensure that asset can performs toward value creation.
This paper brief some of the successful best practices applied in a Middle East Digital Oil Field (DOF) after 10 years of Integrated Asset Operating Model (IAOM) implementation; and its journey to operational excellence, using as frame reservoir management guidelines, automation and a collaborative work environment; embedded in daily operational routine tasks with an annual quantified gain of 5-12% out of the total field production; as well as others intangible benefits such as: ensure safe operations, increase efficiency, minimize risk and cost, real-time follow up on events and quick detection of possible production bottlenecks. Finally, this work demonstrates how IAOM helps to bring together ideas, data, knowledge, capability, technology, processes, performance, risks and uncertainties, in today’s hydrocarbon field development planning, embracing a multidisciplinary team to pursuit operational excellence, achieving high performance, lower operational cost while creating value for all stakeholders.