Matrikon nets oil field remote monitoring contract
19 Jan 2010
Edmonton, Alberta – Matrikon Inc. has won a $15.7-million contract to build a remote monitoring and multidisciplinary collaboration center for one of the world’s largest oil fields though a jointly owned subsidiary. The jointly owned subsidiary, in which Matrikon owns a 49% interest, was established to procure and execute business in the region.
The pilot project covers 78 wells and the installation is expected to be completed within 12 months. The collaboration center makes the best use of scarce resources by creating an operations hub where experts from a variety of disciplines can access information, troubleshoot and optimize the oil field, all from a single location.
Matrikon’s Well Performance Monitor will form the core of the operations center, delivering the information required to drive well performance. Some services, software and equipment for the collaboration center will be delivered by third parties contracting with the jointly owned subsidiary.
“Until now, this oil field has been a highly manual operation,” said Ian Brown, vice president EMEA. “In modernizing operations, the national oil company is actually taking a big leap forward and creating a best in class digital field where they will be able to monitor and optimize from their collaboration center.
“Given the scarcity of expert resources, the digital field facilitates the decision making process, helping the experts to take the right action at the right time to solve problems, take advantage of opportunities and improve well performance.”
Following the completion of the pilot, the solution may be deployed to several thousand additional wells, said Brown.
