Day 4 Thu, November 15, 2018 2018
DOI: 10.2118/193343-ms
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Faster and Profitable Production Optimization Decisions through Workflow Automation and Business Process Management - A Unique Concept

Abstract: Operational efficiency improvement is a fundamental requirement and the continuous effort to achieve it is the inevitable need for any organization that targets profitable throughput in today's volatile market. Based on a study for a group of North American oilfields, in a typical mature oilfield, on an average 6% to 10% production deferments are caused by the process inefficiencies. Organizations continuously look for cost effective technologies that can facilitate implementing systematic operating procedures… Show more

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Cited by 3 publications
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