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    Oil and Gas in the Cloud

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    Getting data from the field into the main computer system can be a problem under good conditions. In the oil patch, good conditions rarely are available. Companies that have been working with oil and gas exploration, extraction, delivery, and refining know the problem well.

    A major player in this segment, Halliburton Co., is one of the world’s largest providers of products and services to the energy industry. The company works with its customers throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset.

    As many companies will do, Halliburton also partners with its customers to learn more about their industry and how best to assist it. Recently, Halliburton and Aker BP, a Norwegian oil and gas exploration and production company, agreed to co-develop a new cloud application – FDP (field development planning). It also expands the scope of the current Digital Well Program, a DecisionSpace 365 cloud application, built on an open architecture to provide integrated well planning and design to increase collaboration and connectivity across drilling activities.

    Built on the OSDU (Open Subsurface Data Universe) Data Platform, FDP converts the manual process of collating field development data to make the decision gate process more efficient and auditable and provides a common audit trail across the subsurface community. FDP helps organizations better understand uncertainty and risks associated with field development concepts.

    Aker BP intends to be fully digital and nearly fully automated towards the end of this decade. To do so, they are creating an ecosystem where work processes are seamlessly integrated, and data is flowing without friction. Halliburton is a key partner in their strategy and FDP will increase efficiency, maximize value, and make data-driven decisions for entire field projects.

    Want to tweet about this article? Use hashtags #construction #sustainability #infrastructure #IoT #cloud

    Aker BP Circularity Cloud Connected Devices Constructech Construction Construction News Digital Transformation Economy Halliburton Internet of Things IoT Logistics Manufacturing Projects Supply Chain Sustainability Technology Transportation
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