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Cost Effective Implementation of Remote Monitoring Solutions

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It could almost be said that every molecule of gas produced ... The Chevrolet Impala SS. Knowledge is Power. Today's Technologies gives you. TC. Technologies ... – PowerPoint PPT presentation

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Title: Cost Effective Implementation of Remote Monitoring Solutions


1
TC
  • Cost Effective Implementation of Remote
    Monitoring Solutions

How I learned to Love Wireless Technologies
OR
Technologies
2
TC
Technologies
  • Energy Markets Today
  • TIGHT
  • It could almost be said that every molecule of
    gas produced is burnt the same day.

3
TC
Technologies
  • Such conditions lead to
  • Price Volatility

4
TC
Technologies
  • The question for the producer today is
  • Maximize

The answer is
  • Maximize
  • Maximize

5
The Data to Action Cycle
Strategies Transformed to Action that increases
the bottom line.
Data Acquisition
Data Transmission
Raw Data
Information used to organize optimize strategize
Increased Profits
Data stored and archived for retrieval
Data Transformed into Information
Refine Data
YOU
Information
TC
Technologies
6
TC
Technologies
  • How do they achieve such speeds?
  • They know every bolt of their car
  • And every inch of the track. The Chevrolet
    Impala SS

7
TC
Technologies
  • Knowledge is Power
  • Todays Technologies gives you

  • The POWER
  • OF KNOWING

8
TC
Technologies
  • The Value
  • OF KNOWING
  • The POWER
  • OF KNOWING
  • 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

9
TC
Technologies
  • Converged
  • Who remembers the buzz word ?
  • CONVERGENCE
  • Convergence the melding of wireless data to the
    internet to markets and delivery.

10
TC
Technologies
  • What a journey!
  • Who here remembers
  • CDPD
  • CCSD
  • Microburst - - - Celemetry
  • RAM mobile data

11
TC
Technologies
  • Who is familiar with these terms?
  • GSM
  • CDMA
  • GPRS
  • LEO
  • UMB

12
TC
Technologies
  • SO what does access to this information mean to
    the
  • BOTTOM LINE_____________________

13
TC
Technologies
  • Its all about optimizing production
  • 50 mcfd
  • X10
  • 5mcfd
  • X6.50/mcf
  • 32.50
  • X30 days
  • 975 mo
  • Cost lt 90/mo
  • 50 mcfd
  • X10
  • 5mcfd
  • X7.00/mcf
  • 35.00
  • X30 days
  • 1,050 mo
  • Cost lt 90/mo
  • 50 mcfd
  • X10
  • 5mcfd
  • X5.00/mcf
  • 25.00
  • X30 days
  • 750 mo
  • Cost lt 90/mo
  • Break even
  • .6mcfd .46mcfd .42mcfd
  • Or about 1 gallon of gas
  • Or in a good vehicle 20 miles

14
TC
Technologies
  • 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
  • Imagine all the people living life at ease

15
The Data to Action Cycle
Strategies Transformed to Action that increases
the bottom line.
Data Acquisition
Data Transmission
Raw Data
Information used to organize optimize strategize
Increased Profits
Data stored and archived for retrieval
Data Transformed into Information
Refine Data
YOU
Information
TC
Technologies
16
TC
Technologies
Shortening the cycle increases the velocity
What Velocity?
The Velocity that data can be circulated
throughout the company
17
TC
Technologies
  • Traditional
  • Operations
  • Production Accounting
  • Marketing
  • Expanded
  • Geologists
  • Reservoir Analysts
  • Investors
  • Consultants

18
TC
Technologies
  • DATA
  • Decreased costs of gathering data
  • Increased our knowledge of what is happening on
    ALL of our locations ALL of the TIME

19
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

20
TC
Technologies
  • Lowered data gathering costs
  • Optimized production
  • Reduced downtime at two levels
  • preventative
  • shortened time to respond to problems

21
TC
Technologies
  • Kaching
  • Increased Revenue
  • Lower costs
  • We did it
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