As oil and gas reserves are depleting, exploration and production (E&P) businesses must extract more from existing fields and are increasingly working in harsher and deeper environments. The number of parties involved in E&P operations has increased dramatically and all of them – drilling contractors, field owners and operators, equipment vendors and service companies – have their own operational data requirements.
To meet the highest performance, technical and safety standards in this challenging environment, decision-makers are adopting integrated operations (IO) techniques and need access to real-time data in order to achieve the benefits offered.
As a result, upstream oil and gas companies are implementing smart operations, connecting onshore and offshore systems to create ‘Digital Oilfields’ that enable them not only to meet stringent technical and safety standards, but also to improve performance and realise new commercial opportunities from data or business intelligence.
PA has helped many oil and gas organisations such as BP, operators and service companies develop competitive advantage, generate operational savings and improve safety through the development and delivery of integrated operations and Digital Oilfields.
PA works with clients to:
- develop strategies for digital oil fields
- connect offshore operations with onshore decision makers, creating secure architecture programmes for greenfield and brownfield operations
- commercialise the opportunity from real-time data analysis by driving performance improvements and increasing production from digital oilfield programmes.
PA's experience and related thinking