EPS provides 'best-in-class' petroleum engineering software, IT integration skills, petroleum engineering services and training to achieve breakthroughs in performance and increased value in upstream oil and gas assets.
Using intelligent systems, engineers have been able to streamline and automate the production engineering tasks associated with asset management. It is important to note that since no two fields or reservoirs behave exactly alike, there is no standard solution-set that yields optimized production. Some fields already have existing infrastructure consisting of SCADA systems that can be used. Others require a new approach. EPS engineers perform a detailed asset inspection that identifies the problem areas; then they develop well and surface network models that describe optimum results; finally, they implement online systems that monitor and optimize hundreds of critical parameters. The ability to gather and interpret data online as well as implement many of the changes electronically, allows extremely complex tasks to be performed effectively with minimum manpower and expense.
We call this approach to sustainable production optimization, Intelligent Asset Management (i-AM). We've been developing the technology and processes to support i-AM for the past three years and have proven its value in three implementations to date.
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Jackson, Mississippi, United StatesUpdated Jun 2002
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