How to use production data to get more production time.

Unlock the benefits of reliable data.

Article · 3 min read

You want reliability. Whether it’s the people in your inner circle or the products in your daily life. Just think about it for a second. You don’t buy your favourite peanut butter brand because it’s bad. You buy it because it's consistently good and you trust it. The same goes for data in the oil and gas industry. It should be reliable, consistent and accurate. 

 

Over the years, data has become as valuable as oil. But, O&G companies only use 1% of it, leaving the rest to go to waste.

 

We sat down to chat with Chris Kirker, Staff Well Engineers at Shell to discuss the challenges of manual monitoring. And to see how HiberHilo is helping Shell get more frequent reliable data.

 

Get more visibility on your assets.

According to Chris, one of the challenges of manual monitoring is the lack of visibility. 98% of the time, companies don’t know what is happening at remote wells. This is because usually there is no one on-site to monitor what is truly going on with the wells. In the past, Shell monitored its wells once every six weeks. When wells aren’t monitored regularly there is a data gap leaving a big lack of data.

 

Unfortunately in the industry, a good 5% of manual monitoring data is inaccurate as a result of human mistakes. The current approach to collecting data leaves a lot of room for errors. The majority of companies still manually write down pressure and temperature readings,  then enter that data into their computer system. This isn't only a lot of work but this is when a lot of mistakes are made. We’ve all been there, in a hurry skipped a few words. Wrote down a 7 that looks like a 1. But the mistakes in information make it hard for field managers to truly trust the collected data.  

 

React faster to integrity issues.

It’s well known that the oil and gas sector is an asset-intensive industry. There’s always some inevitable wear and tear on equipment that can lead to unplanned downtime. One wrong conclusion in the oil and gas industry can lead to severe consequences. By finding irregularities in the collected data you can intervene in possible issues and risks before they occur.

 

Mckinsey says with help of digital tools and tech companies can boost their equipment reliability and availability. The tools can also help oil and gas companies control maintenance costs.

 

With access to reliable data, companies have the opportunity to predict and prevent equipment failures and increase the uptime of equipment used.

“98% of the time, companies don’t know what is happening at remote wells.”

Cut down travelling costs.

90% of wells around the world are located in remote areas. Many of these wells are unconnected. It’s impossible to get reliable real-time data. 
Engineers have to travel long distances sometimes through harsh winds, hot desert heat, pouring rain and blizzards. All, to manually collect data from the wells.

 

Imagine knowing exactly what is going on with your wells before travelling all the way to their location. With a good well monitoring system, you can. A clear insight on which well needs attention makes it easy for you to react fast to any unexpected integrity issues. This helps you save time, ensure employee safety and prevent any possible incidents.

 

HiberHilo brings production data to remote wells.

Got remote wells? Want to know what’s happening with them? HiberHilo might be able to help. The end-to-end IoT solution connects your wells to satellites at an affordable price. You get data, fast, without sending anyone to the middle of the jungle or the middle of the desert. So you can know exactly what’s happening with which well at any point throughout the day.

 

But don’t take our word for it. Just ask Chris. After 2 hours of installation time, Shell was able to get 99.8% of reliability uptime with an average accuracy of 99.75%. Results show that HiberHilo offers a simpler and easier way solution compared to the current manual monitoring system.
 

 

Conclusion.

With better data analytics, companies can get a better understanding of what is going on with their assets, skip expensive interventions, and use data to improve production efforts. 
Remote well monitoring can help reduce the need for manual well inspection while also helping prevent machine downtime and improve safety.