Honeywell’s new technologies for upstream oil and gas can boost production performance by 3 to 5%
October 2014
News
Honeywell Process Solutions has announced the release of Digital Suites for Oil and Gas, an innovative set of software and comprehensive services that can help oil and gas producers boost production performance by 3 to 5% while improving operational safety.
Responding to demands for safer and more productive operations in oil and natural gas production, Honeywell used its extensive experience in the oil and gas and related industries to introduce a unique suite of solutions specifically designed for upstream operations. The production improvements, which have been validated through customer testing, are driven by a combination of better productivity, higher uptime and more efficient remote operations, and can produce a return on investment in as little as six months.
“Upstream oil and gas producers tell us they have access to more real-time data than ever, but access to that data alone is not enough to improve performance – you also need digital intelligence to make sense of all the data being collected,” said Ali Raza, vice president and general manager, Honeywell Process Solutions. “Digital Suites for Oil and Gas turns data into digital intelligence that helps operators make critical decisions faster by capturing, managing and analysing the right production information.”
The overwhelming complexity of data in upstream production can make insightful decisions difficult, safer operations a challenge and integrated metrics beyond reach. Digital Suites for Oil and Gas can meet these challenges with data-driven solutions that are ready for new operations or integrated into existing production environments. Digital Suites for Oil and Gas software helps to ensure that essential safety procedures perform as designed, operators are fully trained, alarms are managed and enforced and production performance is instantly available to detect and mitigate potential events. These software solutions make collaboration through remote operations a reality, helping to manage the number of local personnel, especially as the upstream industry moves farther offshore into higher-risk conditions.
Digital Suites for Oil and Gas is a fully integrated offering, but each suite is also available separately, letting customers address the specific issues they face. The six suites are: Operational Data; Process Safety; Production Surveillance; Equipment Effectiveness; Production Excellence; and Operational Performance.
The new offerings combine Honeywell’s field-proven technologies with new software and implementation methodologies delivered through its new oil and gas centre of excellence, which was recently established to serve Honeywell’s customers in the upstream oil and gas industry.
Digital Suites for Oil and Gas works seamlessly with Honeywell’s complete line of integrated control and safety systems, instrumentation, and industrial products, and can be easily integrated into any multi-vendor environment.
For more information contact Boni Magudulela, Honeywell Southern Africa, +27 (0)11 695 8000, [email protected], www.honeywell.com
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