At the Data Driven Production Conference in Aberdeen, November 2017, Chris Fair discussed the development of advanced surveillance systems in oil and gas production. The presentation addresses the critical need for accurate instrumentation, data transfer, and analysis in these systems. It emphasizes the importance of integrating various components like SCADA, database management, and wellbore physics, along with tackling cultural impediments and biases in decision-making. This presentation offers insights into enhancing reservoir and production monitoring through a data-driven approach, focusing on maximizing net present value (NPV) and optimizing asset management.
1 November 2017