Upstream

Data validation in the digital oil field

Sigmafine improves the quality of near real-time data for enhanced decision making to improve operations and reduce costs.

Oil & Gas upstream

Sigmafine’s ability to run unattended makes it a suitable candidate for both a validation layer to integrate into the overall digital infrastructure, as well as a consistency layer to support business intelligence platforms and machine learning.

Around the world, digital oil and gas fields are working to make operations smarter and more cost-effective, leveraging the increased numbers of sensors, data sources, and connectivity routes available with the advent of new technologies and the IIoT. This level of connectivity makes information available in near real-time, empowering users and applications to analyze data at the exact moments they need it. However, this connectivity also requires a new level of data accuracy and consistency; in order for these near real-time analyses to improve operations, data must be properly validated, reconciled, conditioned, and ready for use.

production allocation

Production Allocation and Ownership

Once a balance model is in place; Sigmafine tracks the well source, the production of gas and oil, and the water re-injection over time, and allocates production according to the ownership quota of each source.

meter-management-icon

Meter Management

Identify meter performance issues and correct any imbalances (mass or volume) to minimize measurement errors and provide more accurate flow rate estimates.

labratory-icon

Estimating Gas-Oil-Water Fractions

Sigmafine can verify well tests and laboratory analyses against the production of gas, oil, and re-injected water through an analysis that provides both mass and component balance.

performance monitoring

Improved Asset Monitoring

Sigmafine gives you a better insight to estimate, monitor, and control site losses

energy management

Energy Management

Accurately monitoring energy-intensive equipment is critical to improving usage and decreasing emissions.

compliance

Compliance Reporting

A single source of truth, allowing users to automatically transfer data to business systems and databases.

Supported Applications

Sigmafine’s comprehensive, model-based solution ensures the quality and consistency of data being measured, and thus reinforces the overall integrity and quality of the intelligence relied upon for informed business decisions.

  • Improved asset monitoring
  • Early detection of process deviations and measurement errors
  • Improved consistency and confidence level of production figures
  • Dependable back allocation production to both sources and owners

The Benefits of Improved Data Quality

Improved data quality in the oil and gas production industry is primarily associated with:

  • The model correlates the data coming from sensors located around the field (e.g. wells, the manifold, separator stages, etc.) to create a single and consistent dataset
  • The Sigmafine model relies on multiple data sources to confirm data accuracy via redundancy and thus creates a more reliable meter estimation.
  •  In addition to direct measurements, the Sigmafine model can include virtual sensors to infer flow rates from other process data (e.g. vertical lift performance tables and pressure measurements) or integrate with other data sources (e.g. importing flow rates from multi-phase simulations).

The Business Impact of Implementing Sigmafine

Customers who have implemented Sigmafine have achieved:

  • Daily production accounting automation
  • Simplified production allocation and ownership tracking
  • Equipment & site-wide performance monitoring
  • Loss monitoring
  • Results distribution throughout the organization
  • Improved production planning and logistics

On top of delivering these benefits that drive operational excellence, it’s been estimated that Sigmafine has a payback period of less than 6 months – a critical value proposition for customers who are tightening resources to stay competitive.

Sigmafine References in Oil & Gas Upstream

nis-vert-cyr

Customer: NIS Gazprom Neft

Abstract: : Learn how NIS use Sigmafine to manage the full value chain from oil wells to petrol station with higher accuracy in estimating wells production and energy content.

Used for:: Value chain mass and energy balance, wells allocation, corporate reporting and business intelligence

Benefit: Achieved full consistency among the different company blocks (E&P, Energy, Refining, Sales&Distribution), serving both business and corporate functions with accurate and accessible data (oil productions, energy consumptions, losses, …)

Learn More

Resources

Validation through reconciliation for the Upstream Industry

Webinar: Validation Through Reconciliation for the Upstream Industry

Discover how Pimsoft’s model based view utilizes statistical tests to simultaneously identify meter performance issues and correct any imbalances (mass or volume) to minimize measurement errors and provide more accurate flow rate estimates.

This webinar discusses how Sigmafine can support upstream operations by validating well predictions against production through minimizing uncertainty.

View Presentation

Upstream

Data validation in the digital oil field

Sigmafine improves the quality of near real-time data for enhanced decision making to improve operations and reduce costs.

Marco Lanteri

Marco Lanteri
Industry Principal for Oil & Gas
Pimsoft, S.p.A.
Milan

Americas & APAC

Pimsoft Inc.
757 N. Eldridge Parkway, Suite 725
Houston, TX, 77079,  USA

Phone: +1 (281) 920-9196
Fax: +1 (281) 754-4421

EMEA

Pimsoft S.p.A.
Corso Stati Uniti, 35
10129 Turin, ITALY

Phone: +39 011 5625213
Fax: +39 011 5637744

© 2021 Pimsoft. All rights reserved. Sigmafine®, SigmafineHub®, and SigmafineVisualizer®are registered trademarks of Pimsoft. All other trademarks or trade names used are the property of their respective owners.

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