The oil and gas exploration and production industry has seen new opportunities in the last few decades with the discovery of unconventional oils such as tar and sand and with technological advancements such as 3d seismic data. However companies are still seeing a fair share of business challenges in capitalizing on revenue opportunities and face commodity fluxuation.
Companies are responding to these needs with initiatives such as Intelligent Digital Oil Fields, Unified Well Master Data, and Predictive Analytics for demand, pricing, or risks such as pipeline failure. While these are good measures, at the core of all these challenges is Operational IT. Historically, Operational IT in both upstream and downstream companies has been developed mostly by electrical and mechanical engineers, leading to data architecture that can at times be less than optimal.
The Enterprise Enabler ®, is a Hyper Converged Integration platform, meaning it is capable of handling ALL types of integration configurations such as ETL, ESB, EAI, and Data Virtualization from ONE single place. No switching between tools and views. This dramatically improves the time-to-value of integrations by reducing complexity. Several manual data entry steps are replaced, opportunities for error are eliminated, and the real-time data capture and integration can speed the process of getting current data snapshots to the modeling system. The Enterprise Enabler platform can configure to ANY diverse set of structured and unstructured data sources, which include sub-surface data, borehole data, external vendor databases and other proprietary data formats, to provide a unified view of data that can be quickly leveraged for faster and more accurate decision making.
Data Virtualization allows for integration of real-time well data with other operational data systems to provide up-to-date integrated data that can minimize well downtime and increase production. One major operator that implemented Enterprise Enabler to create an integrated loop of real-time well data transfer experienced production increases of over 8% because the pump model was able to be modified immediately when issues arose, leading to an extension of well life as well. By combining real-time data, whether from the field or from the refinery, with customer, product and ERP systems to feed multiple analytics tools, thier operators have the flexibility to combine elements in real-time across different sources for analysis.