There has never been a more critical time for oil and gas companies to reduce cost and risk, embrace digital technology and build operational resilience
The recent collapse in operating margins has made it very clear that operational excellence for oil and gas companies is no longer an option – it’s a mandate. Yet while most oil and gas companies will struggle under current market conditions, the innovators will increase their efficiency, agility and productivity – positioning themselves for the future.
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Wed, May 20 at 9:45 AM EST | Improve asset diagnosis and real time monitoring through self-service advanced analytics
The direct relationship between revenue and production rate requires maximum asset availability. All captured data over the last decades have already been used to improve performance and reliability of the most critical assets. For a next level of optimization, process experts should be empowered with advanced analytics for asset diagnostics and real-time monitoring. In this way a truly data-driven Oil & Gas company can be created, for making analytics-based decisions and controlling business outcomes.
In this presentation Julian Pereira, Head of Customer Success EMEA, will explain and demonstrate:
A quick overview of the key capabilities of TrendMiner
How to use self-service industrial analytics to perform asset trip diagnosis and real-time monitoring.
How contextual information from 3rd party business applications can add valuable context for root cause analysis
Pattern recognition for real time monitoring/surveillance in order to avoid abnormal situations before they occur
How to facilitate and automate the communication of asset diagnosis and monitoring throughout the business using a Production Cockpit.
The benefit areas of TrendMiner in the context of operational excellence (OPEX) in O&G