WorldWide Drilling Resource

42 NOVEMBER 2016 WorldWide Drilling Resource ® Technology? What’s the Big Deal? Compiled Editorial Staff of WorldWide Drilling Resource rilling Resource ® In recent years, the o and gas ndustry has pursued mprovement for a few key aspects of ts operat ons: eff c ency, product v ty, and safety. How s th s accomp shab e? Techno ogy of course. Techno ogy s constant y used throughout our da y ves to make th ngs eas er. Major changes n the workp ace are the resu t of new and advanced tech- no ogy. For the past generat on, techno og ca nvent ons and mprovements seem to have been ntroduced every week. By mp ement ng techno og ca so ut ons, the ndustry w be ab e to reta n a h gh eve of product on at much ower cost. Compan es are nvest ng n techno og es to ncrease produc- t v ty, mprove safety, and reduce costs. The ma n focus s f nd ng the r ght ba - ance between spend ng enough to stay f nanc a y stab e, but hav ng enough to save product on and rema n compet t ve. Compan es such as Systems App cat ons and Products (SAP) produce techno ogy so ut ons for v rtua y every part of the ndustry. SAP and s m ar f rms rout ne y send the r c ents funct ona consu tants fam ar w th the type of bus ness and techno ogy, who know how to so ve the prob em. Industry company prov ders such as Baker Hughes, now offer techno og ca serv ce a ongs de the serv ce they prev ous y prov ded. They he p deve op a set of product on app cat ons and are then moved to a pr vate sect on for each company. Compan es are us ng d g ta sensors n p pe ne con- tro and data acqu s t ons operat ons to better mon tor pressure. We Aware, another company for the ndustry, offers a serv ce to automate a project by co ect ng data from we s us ng sensors. It tota s the nformat on and can ass st operators n mon tor ng chem ca usage, and s gna s when there s a prob em. The fact s, the mportance of techno ogy n the o and gas ndustry s not go ng away. So et s embrace t! )' ) % ) ' # *# $ ' : &4)1*4 *18*4 : : &4)1*4 *18*4 : : &4)1*4 *18*4 : : &4)1*4 *18*4 % ( ) ' ) '%# : &4)1*4 *18*4 : : &4)1*4 *18*4 : : &4)1*4 *18*4 : &4)1*4 *18*4 : &4)1*4 *18*4 ' $ + *#&( $ )% ! &4)1*4 *18*4: # #4 3 *: ! ! &4)1*4 *18*4 : # #4 3 *: ! ! &4)1*4 *18*4: 24 : 73 *: ! ! &4)1*4 *18*4 : 73 *: ! ! &4)1*4 *18*4 : 4 4 8* 73 *: ! ! &4)1*4 *18*4 : 73 *: ! ! &4)1*4 *18*4 : 73 *: ! ! &4)1*4 *18*4 : 73 *: ! ! &4)1*4 *18*4 : 73 *: ! ! &4)1*4 *18*4 : # #4 3 *:>> ! ! &4)1*4 *18*4 : #4 3 *:>> > ! ! ;)4&7 ( 4276 703 ? ;)4&7 ( 4276 703 ? ;)4&7 ( 4276 703 ? '%*) *#& * ") * *#&( : &52 73 *: ! ! : 9* 73 *: ! ! &4)1*4 *18*4 : #4 3 *: ! ! &4)1*4 *18*4 : 73 *: ! ! &4)1*4 *18*4 : 73 *: ! ! &52 : 73 *: ! ! '#()'%$ $ % $ "% 6, "64**6 = 2(&,216&5 $" < 2745 &;5 & %**. = &: %&665 $" &1&)& 62 21)&; 4 )&; "** 274 %*' &+* 999 &4056421+0&(, 1* (20 0& ))4*55 &0( &4056421+0&(, 1* (20 &% ! "" * "(%$ ))) (" $( ' & $ %# # " (" $( $ ( " !" !! ! &% ! % ! (" $( & $ $ $ " ! $ $ ! ! $ ! $ # $ $ $