Cost Effective Implementation of Remote Monitoring Solutions TC How I learned to Love Wireless...
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Transcript of Cost Effective Implementation of Remote Monitoring Solutions TC How I learned to Love Wireless...
Cost Effective Implementation of Remote Monitoring Solutions
TC
How I learned to Love Wireless Technologies
Technologies
OR
TC Technologies
• Energy Markets Today
• It could almost be said that every molecule of gas produced is burnt the same day.
• Such conditions lead to
TC Technologies
TC
The question for the producer today is
Technologies
The answer is• Maximize
• Maximize
Data Acquisition
Data Transmission
Data stored and archived for
retrieval
YOU
Data Transformed
into Information
Information used to
organize optimize strategize
Strategies Transformed to Action that increases the bottom line.
Raw
Data
Information
Increased Profits
TC Technologies
The Data to Action Cycle
Refine Data
• How do they achieve such speeds?
• They know every bolt of their car
• And every inch of the track. The Chevrolet Impala SS
TC Technologies
The Chevrolet Impala SS
• Knowledge is Power
• Today’s Technologies gives you
TC Technologies
TC Technologies
• A text message that a compressor is down on Friday at 5 pm instead of a call from the pumper Monday at 9 am can add 10% of a months production
• An alarm that the dew point is over 5lbs can save flaring gas to bring it back within tolerance if it goes over 7lbs
• Being able to view tank levels on 30 tanks on one page can mean better cash flow for the month
• Viewing Pump off control data on the web by the engineer in another state is saving rod strings and reducing repairs
• Viewing plunger trips is delivering increased production through better instructions to the pumper on how to set the plunger control
• Chemical injection monitoring is insuring proper application of treatments and more timely inventory management
• Who remembers the buzz word ?
TC Technologies
• Convergence – the melding of wireless data to the internet to markets and delivery.
• What a journey!
• Who here remembers – CDPD– CCSD– Microburst - - - Celemetry– RAM mobile data
TC Technologies
• Who is familiar with these terms?
• GSM
• CDMA
• GPRS
• LEO
• UMB
TC Technologies
• SO what does access to this information mean to the
TC Technologies
• BOTTOM LINE_____________________
50 mcfd • X10% • 5mcfd • X$5.00/mcf• $25.00• X30 days• $750 mo• Cost < $90/mo
• It’s all about optimizing production• 50 mcfd • X10% • 5mcfd • X$6.50/mcf• $32.50• X30 days• $975 mo• Cost < $90/mo
Technologies
• 50 mcfd • X10% • 5mcfd • X$7.00/mcf• $35.00• X30 days• $1,050 mo• Cost < $90/mo
• Break even
• .6mcfd .46mcfd .42mcfd
• Or about 1 gallon of gas
• Or in a good vehicle 20 miles
TC
• Imagine – Online comparing check meters with sales meters– Tracking plunger lift cycles– Getting notification that a choke failed and sending
someone with the tools to fix it before the well sands up– A dewpoint alarm at 5 lbs and being notified that it was
fixed 3 hours later NO SHUT IN NO FLARE OFF– Your hauler getting the tank level indication at the same
time as your gauger – Having a report indicating loading and unloading of your
tanks– Tracking and recording temperatures and pressures on a
JT Skid– Setting % fill and down time on your POC from your desk
TC Technologies
• Imagine all the people living life at ease
Data Acquisition
Data Transmission
Data stored and archived for
retrieval
YOU
Data Transformed
into Information
Information used to
organize optimize strategize
Strategies Transformed to Action that increases the bottom line.
Raw
Data
Information
Increased Profits
TC Technologies
The Data to Action Cycle
Refine Data
TC Technologies
Shortening the cycle increases the velocity
What Velocity?
The Velocity that data can be circulated throughout the company
Traditional– Operations– Production Accounting– Marketing
Expanded– Geologists– Reservoir Analysts– Investors– Consultants
TC Technologies
DATA
• Decreased costs of gathering data
• Increased our knowledge of what is happening on ALL of our locations ALL of the TIME
TC Technologies
Refining data to Information
• Significantly shortened the time it takes to disseminate the data through out the company
• Quicker analysis, more timely responses better operational decisions
TC Technologies
Lowered data gathering costs
Optimized production
Reduced downtime at two levels
preventative
shortened time to respond to problems
TC Technologies
•We did it
Increased Revenue
+ Lower costs
TC Technologies