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Field Data Analysis – Driving Business Value for Oil Companies

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In a bid to offset production and operational inefficiencies, Oil and Gas companies are embracing data analytics to make proper use of field data and derive business value.

Technological trends have engulfed quite a few industries and Oil & Gas is no exception here. Over the last three years, geopolitical and economic situations in different parts of the world have had an adverse effect on the Oil & Gas industry in no minimal terms; the impact has led to heavy losses across companies. The Upstream segment, in particular, has been heavily hit owing to the kind of dependency on various operations required to explore, find and extract oil. But of late, companies have found some solace thanks to technology that is helping redefine field operations and thus ensuring efficiency.

Embracing Data Analytics  

The field operations are central to the well drilling and oil extraction process and one way to ensure these operations run efficiently is to have access to relevant real-time data, remotely. As we speak, data analytics is creating a huge difference to companies across industries and Oil & Gas companies are readily embracing big data analytics in a bid to outdo themselves.

A survey conducted by Accenture and Microsoft among Upstream Oil & Gas professionals showed that 66% of them believed analytics to be one of the most important tech trends required to transform their companies while only 13% confirmed that they currently have fully mature data analytics capabilities. This of course reflects a huge gap but promises a certain focus to adopt analytics.

Another interesting insight from the same report was that the number of professionals who were interested in adopting Internet-of-Things (IoT) grew to 44% (2017) from a mere 25% in 2016. The interest on IoT automatically shifts focus towards analytics simply because IoT and Data Analytics are closely aligned with mutually dependent technologies.

How is field data analytics driving business value? 

Redefining Operations: Analytics plays an important role in redefining the operations of not only upstream but also of midstream and downstream companies. Oil companies are finding significant improvement in their operations thanks to valuable insights derived from data analytics. Analytics provides a better view of the processes and helps detect issues and apply remedial measures in a timely manner. This in turn helps in decreased downtime and a more fluent operational process.

Analytics also helps offset the increasing operational complexity as Oil companies explore newer locations in an attempt to find hydrocarbons. Such explorations and extractions demand the higher level of data processing and analytical capabilities, sometimes to the extent of over 200,000 streams of data which is made possible by field data analytics.

Asset Utilization: Data Analytics helps monitor and control equipment, machinery and rig operations and in doing so directly enhances the utilization of assets under operation. Access to data on status of assets helps supervisors and operators cater to requirements in a timely manner and this in turn results in enhanced performance of these assets.

Enhances Human Resource performance: Availability of data at the click of a button helps resources have a comprehensive view of the status of wells, assets, and other equipment. This in turn enables better performance as resources need not run around looking for data and expend precious time. Analytics also helps resources make better judgements and quicker decisions which results in increased productivity and performance.

Another interesting way analytics helps is that it cuts down the time required to induct and groom new resources into their respective roles. Tons of relevant information required to help newcomers groove into their jobs are made available at the click of a button.

Connecting the un-connected world: Oil & Gas is traditionally an un-connected world between the three categories from Upstream to mid and downstream. But this is changing at a good pace as emerging technology trends such as IoT, Artificial Intelligence, Cloud computing coupled with analytics ensure that the entire value chain is connected. Even within each category, say Upstream, for example, big data and analytics are creating a seamlessly connected network where data is shared across various segments of the Upstream value chain.

A classic example of where analytics plays a crucial role is that of drilling platforms using submersible pumps to keep the production continuous. Any gap or stoppage in production could result in losses to the tune of 100,000s of dollars on a daily basis and analytics helps monitor and control the functioning of these submersible pumps so there is no gap in production and operations.

Conclusion 

Far from too long, Oil & Gas industry has been at the mercy of the external geo-political-economic factors which have constantly kept the companies second-guessing on the business outcomes. But technology in the form of field data analytics is looking to boost the efficiency and productivity of operations and drive relevant business value by helping companies have better control on and manage their field operations.

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Industrial Fires — Causes and Prevention

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Industrial Fires — Causes and Prevention

Industrial fires cause businesses losses in millions. It can shut down a thriving business despite an insurance coverage. There is also a the very real and catastrophic danger to human life. This is why all industrial spaces are mandated by law to have a certain minimum fire protection. Yet, many companies — big and small — still violate this norm.

Unfortunately, this is not limited to small businesses that are cash-strapped or simply not interested in creating a fire safe infrastructure. Even larger industries and factories often ignore these rules. The reason can range from lack of their seriousness towards the issue or general apathy. Many do not even invest in basic safety practices like maintaining their equipment or buying equipment like fire safety helmets.

Common Causes of Industrial Fire

Before we think of the steps we must take, we have to first understand why fires break out. What are some of the most common causes of industrial fire?

Combustible dust

Industries are often quite full of industrial dust and it is rarely acknowledged or understood. Woodworking, food, chemical and metalworking factories have these small particles that can be very dangerous. This is because the dust is often more dangerous than the larger pieces. The problem with combustible dust is not as a source of fire, but what it does afterwards.

Fires usually breakout when a combustible source comes into contact with some kind of ignition source. This can cause a small breakout. But what makes it truly dangerous is when it spreads. This is where combustible dust comes in. It catches the fire already present and helps to spread it rapidly. Within minutes we have a situation which can go out of control. If there is enough dust that has settled, the fire hazard multiplies.

Ignoring storage regulations

We often think that only plants and factories that deal with hazardous material like fuel are in danger of an all-out fire disaster. But the truth is that most material can be highly combustible. Even cloth bales in a clothes manufacturing company can easily catch fire. But it is not just the raw material. We may also have flammable material stored on the premises that are essential for manufacturing process. For instance, diesel for the engines or chemicals used in certain processes.

But more than the material itself, it is the storage practices that actually prove more damaging. Most of these materials are allowed and essential in the industrial space. But they must be stored under the right regulations. They must be stored away from any ignition source. Typically, flammable material is stored at a cool space. There should be adequate fire fighting equipment nearby, including fire alarms and fire safety helmets for putting out any initial fires.

Work practices

There are some manufacturing processes that can increase the danger of fire. One of the essential requirements of a fire is ignition — heat or spark. This is where certain work processes like welding, soldering, heating, burning or brazing ends up providing the spark that starts a fire. When we are working with flammable material, such practices are best avoided. Yet, it is not always possible. Even in the lack of hazardous material, most industrial raw material are susceptible to fire.

This is why very strict policies must be followed when workers are engaged in such practices. Keep the area free of any flammable material. Make sure they are fully conversant with safety procedures. They should wear protective gear like fire safety helmets. There should be supervision and the provision for immediate assistance if a fore does break out.

Electrical hazards

A small spark in your wiring and it could be the end of everything! Common causes of electrical fires are overloaded circuits, exposed wires, static discharge or just plain wrong wiring. This is the small spark that can catch on rapidly and destroy everything within minutes. The only way to avoid this is by insisting on safe electrical outlets and practices. In addition, the workers at the premises must be taught about safety procedures so that no such incident occurs.

While we need to pay attention to some of these common causes, we also need to ensure that all fire fighting safety equipment like fire safety helmets are stocked and maintained properly on premises. When it comes to fire accidents, it pay to be cautious and ready for any accident.

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Solve your all Astrology Problems with the help of Vashikaran Mantra

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Online vashikaran mantra

We all have problems in our lives and it keeps on pushing us back from excelling. This makes us feel bad and used in our lives. There are several problems that are faced by almost everybody and it’s completely different for all. You would like to understand the way to solve it so you’ll be able to lead your lives well. Problems are always present in everyone’s life. There is hardly a person you know, who isn’t into some or the other kind of problem. This means that life throws many types of situations to you, and you must dodge your way out of it. Some get given in it but most of the days you take off with flying colors. We all deal with problems in our own special manner. It should be wrong from time to time and backfire however typically it’s right. However, in intense things when nothing works in your favor and you are on the verge of giving away, there is a ray of hope. You should take it as an opportunity and work on it. Anyways things are not going as planned therefore you can try it out to see if some miracle works. This miracle is finished with the assistance of pseudoscience and Online Vashikaran Mantra techniques. Allow us to contemplate it in detail.

There are many ways to solve problems using astrology and vashikaran. Astrology is a study of planets and it helps you to know your current situation and what is close to come in your life. This way you can plan your future decisions accordingly. Many times, such guidance helps us to avert a major flaw in our process or makes us alert to deal according to the situation. The various ways in which to resolve problems are as below:

  • Vashikaran – Vashikaran is an art to get someone in possession so that they work as per you. You can solve almost any problem related to wedding, love, further marital affairs and similar kind. it is a very difficult problem to deal with as people make perceptions due to which a smooth sailing relationship goes for a toss. You should know how to deal with every situation, however if things quit of hand, vashikaran is there to induce you out of the situation. The consultants at vashikaran have in depth data and have devoted years into it to gain the proper experience. You’ll be able to also get an appointment for your problem and get it solved with ease and conviction. He also provides service of Online Horoscope Predictions. So, that you will get solution in few days.
  • Black Magic – this is a very renowned thanks to get your problems solved. It takes a mere three days only to handle the situation and you’d be completely out of it. It’s the ability to do the impossible. This method should be used as a last resort, so that you come to know concerning its power and the results.
  • Astrology – Astrology is necessary for you to know concerning your future that is predicted by the consultants. This prediction isn’t utterly correct however can assist you to achieve insights to set up for your future.

All these ways are done across the globe. However, you should know who is real in such a case. Else you would get duped of your cash and time. You need to figure on a holistic and accurate solution to get your life back on track. But with so much going on, it’s difficult to know that possibility is right. this can be explained through the expert who has in depth data and might guide you well. Betting on your state of affairs, the answer would be applied. This may be done through sorcery, vashikaran or Love astrology online that fits best. It’s not necessary that you go into for vashikaran all the time once it is solved with the assistance of star divination. It’s perpetually familiar that such problems block the mind of the person going through it and takes some steps that affect the situation even a lot of. The consultants assist you to get on the right track and stop doing things that can worsen matters further. You should be in constant bit with the Love Marriage Problem Solution till your problem is solved and provide inputs at each stage. It’s the best way to gain momentum on the situation and get on track with resolution it to the core. Many times, we do not wish to perform such tasks on our loved ones, but there aren’t any different options available that would keep them safe. So, you should not feel guilty concerning it else the results are delayed. Your continuous trust and support can help in account in results always.

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Take a Look Upon the Typical Uses of Gas Struts

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Variable Force Gas Strut

Have you ever imagined how easily you open a door, or the car boot does not fall on to your head? Gas struts are one of the unsung heroes that make our everyday life quite easier. It actually controls the speed of the moving object and even controls the force of the moving body. Struts are the type of gas springs that are composed of the rod, housing tube, and a piston. It provides mechanical assistance especially while lifting and supporting any device or equipment.

Three Essential Components of Gas Struts

Usually, gas struts are comprised of three essential parts:

  • Rod is the structure through which pressure is applied to the springs. The rod is generally attached to the piston that controls the speed and energy applied to it while adding pressure.
  • Piston acts like a syringe or plunger that pushes the nitrogenous gas contained in the housing tube. A Piston is comprised of some holes so that the gas might escape from either side of it. When pressure is applied through the rods, it causes compression of the piston which helps in escaping the gas filled in it.
  • Housing Tube is partly composed of a piston and nitrogenous gas filled in it. In order to prevent the gas in the tube from escaping out, it is generally sealed packed.

Working of The Gas Struts

Till now, you might be clear about the contents or compositions of the gas struts, isn’t it? The complete working of the strut depends upon these three basic parts. The force acting through the strut is the difference between the total pressure applied to the piston and the pressure acting outside. In other words, the volume of the gas displaced determines the force factor.

The failure in the working of the gas struts mainly occurs due to the fact that it gets internally damaged. Overextension due to excess force is the major reason for the internal breakage of the parts. When extra force is applied to it, certain parts suddenly ejects out causing many accidental incidents and can even harm the workers

In many cases, the struts seem to be functioning normally without any defaults. However, this is not true. Sometimes, there are internal damages that are pretty hard to predict. Even if the struts seem to function effectively, once you remove the parts suddenly, it causes sudden ejection of the moving parts that prove to be harmful. Thus, it is essential to follow the safety steps and know the reasons for such damages. 

Different Types of Gas Struts to Know

#1. Standard Struts: These are the basic types in which a rod is attached to the piston which is inserted in the housing tube filled with nitrogenous gas. These are mainly used in the adjustable chairs, cargo and travel trailers, recreation vehicles, industrial and agricultural equipment and so on.

#2. Adjustable Locking Gas Struts: A lock is attached at the point of the movement of the piston so that at that particular position, the piston is locked thus inhibiting further free movement. These are generally used in the hospital beds and furniture in order to provide comfort to the patients.

#3. Stainless Steel Struts: The stainless-steel strut is mainly used in the corrosive environments. This strut is also available in different types, and they are- compression, tension, locking and many more. Such types usually feature the release valve and are usually used for pharmaceutical, food and marine-based applications.

With the use of a gas strut like structure, it is quite easy to carry out various works. Major types of machinery are composed of strut-like structures and are available in different sizes. It is even customized as per the industrial requirements. It has played major importance in lifting and supporting different components.

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