Scholarly record
CREATION OF THE INTEGRATED FIELD MODEL TO INCREASE THE OIL AND GAS ASSETS MANAGEMENT
Abstract
The article notes that at present the competition in the global hydrocarbon market has intensified significantly. This is due to the complication of mining and geological conditions of occurrence of oil and gas layers, depletion of reserves in traditional production regions, geopolitical reasons. In this situation, the development of digital technologies may become a tool to increase the efficiency of oil and gas assets. The article formulates the aims of creating a single digital environment of the oil and gas company. The main directions of application of the technology of the intellectual field are determined. It is indicated that the effectiveness of an intellectual field is achieved through close integration of digital technologies in the production processes of the oil and gas company. It is noted that the basis of the technology of an intelligent field is an integrated field model, including mathematical models of the oil reservoir, wells, and ground-based infrastructure of the field. One of the important tools for building an integrated field model is the introduction of digital technologies in oil and gas exploration. It is indicated that the tool "Industry 4.0", the most effective for oil and gas exploration, is the introduction of Big Data technology. The factors that impede the implementation of Big Data technology in oil and gas geology and the successful creation of intelligent fields are characterized. It is concluded that the tools of the integrated field model allow an objective assessment of the prospects for the development of the oil and gas company and return on investment at different points in time, which is especially important in conditions of high volatility in oil prices.
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- CrossRef - Citation Indexes: 9
- Scopus - Citation Indexes: 9
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- Mendeley - Readers: 14
Publication details
References14
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Number of times cited according to Crossref: 9
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