Backed by advanced riskmanagement software tools, dnv gls global network of experts provides targeted performance forecasting, and safety and integrity services. Metering stations allow operators to monitor and manage the natural gas and oil exported from the production installation. Asset manager jobs 18 of 8 oil and gas jobs from the category oil and gas jobs on oil and gas job search. Managing oil and gas fields requires an understanding of the multiple facets of the oil and gas industry. Oil and gas companies arent just rich in natural resources, but also data. Knowledge based oil and gas industry natural resource. The canadian oil and gas evalua on coge handbook is the technical standard for the professional prac ce of evalua ng and classifying oil and gas reserves and resources in alberta.
Experience in designing and building supply bases tailored to the local needs of the client and the communities they operate. Arguments that energy is different and requires special interventions re. Inventory and asset management for oil and gas industry. Maintaining asset integrity in the oil and gas industry. Historically, we know the tales of eternal fires where oil and gas seeps ignited and burned. The future of asset management for oil and gas industry.
The main risk management bodies and their functions are presented in the context of one of the. While others are available to assist you with certain aspects of mineral oil and gas management, few can provide argents expertise and. Implementing an asset management plan for your unique oil and gas company takes careful planning and customfit strategies, both of which can be sketched out when you take key best practices into consideration, which fall into the realm of an asset register, barcode and label solutions, specialized software, and beyond. How is nav used for oil, gas, and energy investments. Oil has been used for lighting purposes for many thousands of years. Supervised and provided daily management, as well as operations, for numerous oil and gas companies, partnerships and private investors. Western petroleum managements wpm team has the experience and ability to. Dedicated to my wife, stephanie asset integrity jigsaw. Asset management and condition monitoring asset management system integrated operations oil and gas producing facilities and process plants are complex systems, consisting of expensive and production critical equipment. Upstream oil and gas asset management a shared learning workshop ihrdc program objectives this shared learning workshop is designed for those who seek to expand their competencies in the management of upstream assets. Atlas offshore operations offer base management services safely and efficiently with specialist logistics services in the shipping, project cargo, oil and gas industries. Track mobile assets, inventory and materials on the oil rigs and remote job sites using regular smartphones. Integrity management and structural monitoring technology.
Asset integrity management ensures you have the business processes, systems, tools, competence and resources you need to ensure integrity throughout the asset lifecycle. Above and beyond the inflow performance of the oil and gas reservoirs, the drilling, completion, and hydraulic fracturing technology has a major influence on the production capacity of oil and gas. This process is nothing but ranking investment opportunities based on certain kpis irr, npv, fcf, pi, etc. The spe oil and gas reserves committee ogrc released guidelines for application of the petroleum resources management system pdf in 2011.
It covers multiphase flow through flow lines, wells, chokes and the nearwell reservoir. Wpm personal has successfully proven their ability to exploredevelop oil and gas plays and to enhance production from the older, mature fields. This environmental and social risk briefing covers the oil and gas. Portfolio management often what the oil and gas industry refers to as portfolio management is indeed portfolio rationalization. What does it take to explore and produce oil and gas.
Apply to data analyst manager, event manager, commodity manager and more. Revenue management macro challenges and policy instruments nadine aboukhaled the objective of this module is to provide participants with a basic understanding of the particular challenges associated with oil and gas revenue management and the macro policy options to ensure revenues. Mazen skaf of strategic decisions group shares an awardwinning case study on how one energy company developed its portfolio management system, the support it required and the impact it made. A strategic procurement concept for physical asset management. Control and management of pressurised oil and gas from boreholes. Maximoworld 2019, august 6th 8th meet maven at maximoworld 2019, held on august 6th. Jun 25, 2019 find out how net asset value, or nav, can be useful for evaluating mutual funds with oil, gas and energy investments or valuing specific firms in those sectors. Emerson data management consultants are experts at bringing timeseries data to business analytics and process optimization for upstream oil and gas. Before you begin projecting an energy companys financial statements, you need to know something about the units used. Remote inventory and asset management for the oil and gas industry. Apr 05, 2017 the future of asset management for oil and gas industry published on april 5, 2017 april 5, 2017 36 likes 4 comments. Risk management of oil and gas company in terms of strategic.
The attractiveness of educational programs related to the oil and gas industry. Evaluation of oil and gas reserves and resources for public. We enable gas operators to predict and mitigate risk while ensuring the performance and reliability of their assets. The continuing need for effective asset integrity management throughout the remaining life of the oil and gas industry is recognised. The more mature a companys asset management is the more a company integrates risk management into its asset management approaches. Oil, gas, and petroleum experience hill international.
Find out how net asset value, or nav, can be useful for evaluating mutual funds with oil, gas and energy investments or valuing specific firms in those sectors. A large part of the global economy is directly linked to the oil, gas and energy industry. Nodal analysis of oil and gas production systems provides a modern view on the use of nodal analysis techniques to optimize the production from oil and gas wells. The course is designed to familiarize the attendees with these facets and prepare them to become successful asset managers. Asset management agreements elevation energy group. In areas where oil is found in shallow reservoirs, seeps of crude oil or gas may naturally develop, and some oil could simply be collected from seepage or tar ponds. A major portion of the learning is achieved through the practical and real.
Cost inefficiencies and complexity associated with redundant asset management infrastructure need to measure and manage the availability and use of all strategic assets the emergence of pervasive devices, embedded chips, rfid, sensors, detectors and ip addresses. Enterprise asset management for oil and gas industry. Oil gas asset manager jobs, employment in houston, tx. How to use big data technologies to optimize operations in. Transportation and storage holders have the ability to release their assets for outside management through a broad range of payment structures. He is also interested in oil prices and management processes in the energy industry. Ferc clarification could lead to greater use of asset. Identify and implement optimization strategies for a property. As a result, equipment reliability and availability is critical in this industry, which is why tag is the cmms for you. These studies include preparing models of primary, secondary, and improved recovery applications. Oil and gas asset management solutions alberta canada. Integrated operations asset management and condition. Application to oil and energy industries version from 22nd july 2010 abstract we consider the problem of optimally determining an investment portfolio for an energy company owning a network of gas pipelines, and in charge of purchasing, selling and distributing gas. Optimization of real asset portfolio using a coherent risk measure.
Pdf investigate a gas well performance using nodal analysis. Vision 2040 global scenarios for the oil and gas industry deloitte. A portfolio management process and system changes how decisions are made in an organization and builds confidence in the quality of strategic moves made by senior management. Apply to gas manager, commodity manager, trust manager and more. How has the procedures and the technological advancements in the extraction of this globally sought after mineral evolved over time. Oil petroleum and gas exploration and production procedures. Senior consulting manager for oil and gas industry in brazil. Communication and transparency along the supply chain both help businesses understand every facet of the extraction and production cycle, as well as the economic factors affecting pointofsale revenue streams. Mazen skaf of strategic decisions group shares an awardwinning case study on how one energy company developed its portfolio management system, the support it required. A better understanding of the problems associated with trying to operate a successful asset integrity management system can go a long way to making the whole industry safer and environmentally friendlier. But in the case of energy commodities, it is reasonable to ask whether the management of inventories can be left to market forces. Optimization of real asset portfolio using a coherent risk.
The commission found that it was acceptable for a gas purchaser to use an asset manager to manage its pipeline capacity while still maintaining direct responsibility for gas purchases, even though such purchases would need to be sold to the asset manager managing the pipeline capacity, potentially running afoul of the buysell prohibition. Integrity management of offshore structures for well over a decade, the search for oil and gas has taken drilling and production facilities. The oil and gas industry is full of challenges which can consume large amounts of time, money and resources. Asset management agreements amas have become more commonplace in the market due to the increased sophistication of natural gas trading and ferc capacity release rules. The plants condition and performance degrades over time due to mechanical wear, fouling and changes in operation conditions. Oil and gas production handbook an introduction to oil. Apply to account manager, operations manager, environmental manager and more. Rig management and drillingwell services were sold to the norwegian. Bps multienterprise asset management system article pdf available in information and software technology 4715. Scan qr code nfc tag on an asset to obtain detailed information, record transaction or look up inventory stock. Design, operational, and technical integrity must all be managed effectively to control costs. Portfolio management in an upstream oil and gas organization. Abstract maximised operations and maintenance effectiveness this paper discusses some key facts about the industrial asset management and the technology behind it as well as asset management strategies that abb has deployed to some of the. This study presents the norwegian upstream oil and gas industry defined as all oil.
Strategic planning for the oil and gas industry edinburgh business. Hence, further consideration in sr needs to be taken into account in order to support am studies ng 2008. Lifeoffield digital asset management services for greenfield and. Maintaining asset integrity in the oil and gas industry upstream internal surface protection from flowing corrosive media spin spray application internal pipe lining girth weld covered in a single coat transfer pipe erosioncorrosion protection lining sand entrainment and high flow rates coupled with large quantities of co 2, h 2 s.
Our report is drawn from advice received from operating companies, supported by independent verifiers, of. The future of asset management for oil and gas industry published on april 5, 2017 april 5, 2017 36 likes 4 comments. Manage an oil and gas asset for their clients andor. Havard devold oil and gas production handbook an introduction. The 221page document replaces the 2001 guidelines for evaluation of reserves and resources with content expanded to focus on using the 2007 prms to classify petroleum reserves and resources.