Unlocking More from Every Barrel: How Petrolink Powers Smarter Production Optimization
Oil and gas operators know that every decision in the field can affect production performance. With aging infrastructure, […]
Real-time Operations Centers (RTOCs) have been a mainstay in the industry for over a decade now. As an RTOC provider, Petrolink has been at the forefront of advising on and building collaborative decision-making spaces for our clients all around the world. As we begin a new year it is worth spending a little time looking at how they operate, the benefits they bring and how centers may evolve in the future.
So why would an operator invest significant resources (both in terms of time and capital) into developing an RTOC? The central driver is data volumes. All operators are facing growing amounts of data flowing in from the rig- this might be in the form of MWD drilling data or geological and engineering streams. When this data builds up without suitable organization decision-making can be impeded. A well-designed and functioning RTOC turns that on its head allowing for management of much greater data volumes and ensuring the end-users can act quickly.
Here are some of the highlights:
The trend to more remote work is now well established and RTOC’s can play a key role in extending this. Many are now entirely remote ‘rooms’ where discussions and decisions take place over chat applications. So-called ‘virtual’ RTOCs function in a similar way to their physical counterparts without the overheads of housing staff in a central facility.
In the years ahead we are likely to see this trend increase and the development of ‘hybrid’ RTOC’s a blend of centralized and virtual rooms will become the norm.
Above all RTOC’s are all about improving decision-making. Whether that is taking lessons learned from one asset and immediately applying them to another one across the world or optimizing local operations. Here at Petrolink we harness best practices, market leading infrastructure and experts to implement RTOC’s remotely or on-premises.
Oil and gas operators know that every decision in the field can affect production performance. With aging infrastructure, […]
Petrolink, a leading provider of data management solutions for the oil and gas industry, has open-sourced its Data […]
The oil and gas industry is undergoing a remarkable transformation, driven by the rise of digital technologies. In particular, digital oilfield solutions have become a game-changer, reshaping […]