EPISODE · Jul 17, 2020 · 25 MIN
Rick Rys Interview ARC Analyst Tim Shea and OSIsoft’s Cindy Crow - Industry Principals for Oil & Gas
from Digital Transformation Viewpoints · host ARC Advisory Group
Tim gives an update on state of upstream market where the price of crude oil had unprecedented drop down to $zero per barrel.Rick asks Cindy about tools available to home workers with the needed speed and security, tracking location of people and vehicles, saving electric costs for lift pumps, compressors, and Vapor Recovery systems, efficiently operating drill rigs, Cindy described a case history at Devon Energy with tow applications that saved over $100 M The first was Asset Framework applied to their ESP system creating a new workflow and predictive indication of forthcoming failures, achieving $54M and second, using PI and PI Vision to enable multiple applications views to reduce the number of days to drill and complete a well, saving Devon over $50M more.Would you like to be a guest on our growing podcast?Do you have an intriguing or thought provoking topic you'd like to discuss on our podcast? Please contact the Host, Colin Masson: [email protected] (or the Producer Tom Cabot) [email protected] all the episodes here: https://thedigitaltransformationpodcast.buzzsprout.com
What this episode covers
Tim gives an update on state of upstream market where the price of crude oil had unprecedented drop down to $zero per barrel. Rick asks Cindy about tools available to home workers with the needed speed and security, tracking location of people and vehicles, saving electric costs for lift pumps, compressors, and Vapor Recovery systems, efficiently operating drill rigs, Cindy described a case history at Devon Energy with tow applications that saved over $100 M The first was Asset Framewor...
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Rick Rys Interview ARC Analyst Tim Shea and OSIsoft’s Cindy Crow - Industry Principals for Oil & Gas
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