{"id":213624,"date":"2017-03-06T01:48:22","date_gmt":"2017-03-06T06:48:22","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/advancing-data-functionality-for-offshore-oilmannews-blog.php"},"modified":"2017-03-06T01:48:22","modified_gmt":"2017-03-06T06:48:22","slug":"advancing-data-functionality-for-offshore-oilmannews-blog","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/offshore\/advancing-data-functionality-for-offshore-oilmannews-blog.php","title":{"rendered":"Advancing Data Functionality for Offshore &#8211; #OILMANNEWS (blog)"},"content":{"rendered":"<p><p>Systems and Services that Optimize    Organizational Results    <\/p>\n<p>    By Jennifer Delony  <\/p>\n<p>    The industrial internet of things is    transforming the offshore oil and gas sector. One estimate    claims that a typical offshore oil platform generates up to 2    terra bytes of data per day  thats the equivalent of 1    million digital camera images.  <\/p>\n<p>    Cisco, in its report A New Reality for Oil    and Gas, said that, if oil and gas companies properly leverage    the data they produce, they can capture $600 billion of value    at stake through 2025. For a $50 billion oil and gas firm, that    translates to an 11 percent bottom-line improvement, the report    said.  <\/p>\n<p>    That doesnt mean that offshore companies are    all jumping on the big data bandwagon  instead, theyre    carefully evaluating the possibilities to understand what data,    and the analysis of data, can do for their operations.  <\/p>\n<p>    To get a glimpse into where the offshore    sector is headed in terms of data and its applications, and    what systems and services it is leveraging to get there, take a    look at BP.  <\/p>\n<p>    At the end of last year, BP announced it is    working with GE on the deployment of a new integrated system    called Plant Operations Advisor (POA). BP said that it started    using POA to manage the performance of one platform in the Gulf    of Mexico, and given success there, the company will deploy it    to other BP facilities around the world this year.  <\/p>\n<p>    According to BP, POA will help prevent    unplanned downtime and improve facility reliability by helping    engineering teams respond quickly to issues as they occur in    real time.  <\/p>\n<p>    The POA tool was built on GEs Predix    operating system  a software platform that is used to collect    and analyze data from industrial machines. This cloud-based    platform-as-a-service works at industrial scale for asset    performance management (APM) by connecting machines, data and    workers.  <\/p>\n<p>    APM lies at the heart of this next-level    digital system. It puts enterprise asset management software    together with real-time information from production and data    analysis and advanced analytics. In a nutshell, it allows    companies to see their assets, make decisions to optimize those    assets and optimize organizational results.  <\/p>\n<p>    ARC Advisory Group, in a report on how APM    overcomes challenges in oil and gas, said that currently too    much time is dedicated to collecting, aggregating and analyzing    available data, rather than converting it to meaningful    business decisions. That is due to the application of data to    disparate systems with no integration. APM alleviates these    issues.  <\/p>\n<p>    These solutions, based largely on todays    increased connectivity, use of open standards, and increasingly    more capable platforms for predictive and prescriptive    analytics, enable oil and gas companies to move from largely    re-active, conventional approaches for managing their critical    production and automation assets to todays far more effective    proactive and predictive approaches, the report said.  <\/p>\n<p>    According to BP, the POA system rapidly    integrates operational data from producing oil and gas    facilities to deliver notifications and analytical reports to    engineers so they can identify operational performance issues    before they become significant. The system provides simplified    access to a variety of live data feeds and includes    visualization capabilities including a real-time facility    threat display. It also incorporates an extensive case    management capability to support learnings from prior    operational issues.  <\/p>\n<p>    GE plans to make this technology available to    the entire oil and gas industry.  <\/p>\n<p>    More Options  <\/p>\n<p>    Offshore companies have also turned to OSI    Softs PI System for collecting, analyzing and visualizing data    for real-time management. The PI system allows a company to    integrate whatever data they want, and create a customized    display of that data.  <\/p>\n<p>    According to Kevin Walsh, industry principal     T&D, for OSI Soft, one of the strengths of PI is that it    allows platform managers to perform predictive    analytics.  <\/p>\n<p>    He said that PI has different modules that    allow for the input of mini-analytic calculations based on    certain attributes or time frames to create an operational    band. If operations go outside of that band  for example,    plus or minus 1 percent  for more than three minutes in a row,    PI notifies managers that an alarm-level event is immanent.    This feature gives managers a visual on possible problems    before they happen  a huge advancement in data    functionality.  <\/p>\n<p>    Srikanta Mishra, Ph.D., Institute Fellow and    chief scientist for energy at nonprofit Battelle, says his    organization offers analytics to the oil and gas sector under    its Elucidata service.  <\/p>\n<p>    Offshore companies have been slow to engage    with their data at the level offered by Battelle, but Mishra    says they are interested.  <\/p>\n<p>    According to Mishra, the Elucidata service is    an umbrella for a process that Battelle provides to integrate    data from multiple sources.  <\/p>\n<p>    The task that Battelle undertakes is intended    to bring all of this data into one easy-to-use platform that    can then be utilized for knowledge and discovery, he said.    The idea here is to learn from the data and then use that to    make decisions.  <\/p>\n<p>    Under the knowledge discovery component of    Elucidata, Battelle offers clients a combination of advanced    statistical capabilities and in-house subject matter    expertise.  <\/p>\n<p>    In addition, Mishra said that Battelle    captures information from the knowledge discovery component in    customized software solutions and user interfaces that makes it    easy for managers and decision makers and, on the platform,    operators, to make decisions that are based on what has    happened in the past, and from which robust insights can be    derived.  <\/p>\n<p>    In the offshore environment you might say    that there are two discriminating factors  one is the    situation with respect to automation; a very high level of    automation is becoming more and more commonplace, Mishra said.    The second is the data that we get from offshore environments    is really big data in the sense that we get lots of data  we    get very frequently sampled data  so the challenge is how do    you process this information in real time, as opposed to doing    it offline, and make decisions with respect to the behavior of    your system in the near future?  <\/p>\n<p>    He said that, for example, a company might    monitor pressure and temperatures and flow rates, and seek to    understand, given the kind of conditions, what the pressure is    going to be in the next hour, the next 24 hours, and whether    its going to trigger some danger threshold that needs to be    mitigated.  <\/p>\n<p>    In terms of predictive maintenance, Mishra    said, the organization can look at the past history of failures    and near failures and correlate them with other indicators of    the system, with respect to pressure or temperature, for    example. With that information, its possible to establish a    trigger system, so that if the system crosses X value of    pressure and Y value of temperature, certain equipment is    likely to undergo failure because it has failed in the past    under these kinds of conditions.  <\/p>\n<p>    The challenges are really in how do you take    this massive amount of data and then process them in a    real-time or near real-time environment, he said. And after    you go through the knowledge discovery part, having gone    through the data acquisition and management part, how do you    capture that learning, and those insights, into some sort of a    decision support interface that can be used by the operator on    the platform or somebody who is sitting in a control room in    onshore office?  <\/p>\n<p>    Whats Next?  <\/p>\n<p>    ABS Groups Matt Mowrer, director of applied    technology and data analytics, says that there are many    applications for business analytics coming in the near    future.  <\/p>\n<p>    Mowrer said that the next step beyond    predictive analytics is prescriptive analytics.  <\/p>\n<p>    I really see that working on the risk side,    where Im not just providing alarms to operators about    anomalous conditions based on multiple data feeds, but actually    giving them the recommended action to minimize the time it    takes them to make the decision and also hopefully eliminate    bad decisions, he said.  <\/p>\n<p>    Also down the road, Mowrer sees the    possibilities for the development of augmented reality for    operations and maintenance workers, where they are in the    physical environment and they have access to a virtual    environment.  <\/p>\n<p>    He said that, from a wearable technology    perspective, such as Google glass, operations and maintenance    workers can access maintenance procedures, and have an    interface where they interact with equipment to minimize time    spent troubleshooting or identifying tools and    procedures.  <\/p>\n<p>    Youre seeing these things on the consumer    side, and I think theres some natural industrial applications    for them, he said.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Read more: <\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/oilmanmagazine.com\/advancing-data-functionality-offshore\/\" title=\"Advancing Data Functionality for Offshore - #OILMANNEWS (blog)\">Advancing Data Functionality for Offshore - #OILMANNEWS (blog)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Systems and Services that Optimize Organizational Results By Jennifer Delony The industrial internet of things is transforming the offshore oil and gas sector. One estimate claims that a typical offshore oil platform generates up to 2 terra bytes of data per day thats the equivalent of 1 million digital camera images.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/offshore\/advancing-data-functionality-for-offshore-oilmannews-blog.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[431655],"tags":[],"class_list":["post-213624","post","type-post","status-publish","format-standard","hentry","category-offshore"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/213624"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=213624"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/213624\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=213624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=213624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=213624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}