Digitalizing Marginal Field Operations: A Paradigm Shift Towards Technical and Operational Excellence

Abstract This paper explores the transformative potential of digitalization in optimizing operations within marginal oil and gas fields. It delves into how advancements in digital technologies are revolutionizing traditional field management approaches, enabling real-time monitoring, predictive maintenance, and data-driven decision-making. By leveraging digital tools such as IoT, AI, and data analytics, the paper aims to enhance technical and operational efficiency while minimizing costs and maximizing productivity in marginal field operations. Through case studies and industry insights, it elucidates the benefits of digitalization in overcoming operational challenges and achieving excellence in resource extraction from marginal fields. The study underscores the importance of embracing digital innovation as a strategic imperative for maximizing the potential of marginal field assets in the energy industry.

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Publication Details

Journal
SPE Nigeria Annual International Conference and Exhibition
Published
2024-08-05
DOI
https://doi.org/10.2118/221704-ms
Primary Topic
Reservoir Engineering and Simulation Methods
Type
article
Field-Weighted Citation Impact
0.00
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article

Digitalizing Marginal Field Operations: A Paradigm Shift Towards Technical and Operational Excellence

Olutayo Ajimoko
SPE Nigeria Annual International Conference and Exhibition
Reservoir Engineering and Simulation Methods
article

Digitalizing Marginal Field Operations: A Paradigm Shift Towards Technical and Operational Excellence

Olutayo Ajimoko
article en

Abstract

Abstract This paper explores the transformative potential of digitalization in optimizing operations within marginal oil and gas fields. It delves into how advancements in digital technologies are revolutionizing traditional field management approaches, enabling real-time monitoring, predictive maintenance, and data-driven decision-making. By leveraging digital tools such as IoT, AI, and data analytics, the paper aims to enhance technical and operational efficiency while minimizing costs and maximizing productivity in marginal field operations. Through case studies and industry insights, it elucidates the benefits of digitalization in overcoming operational challenges and achieving excellence in resource extraction from marginal fields. The study underscores the importance of embracing digital innovation as a strategic imperative for maximizing the potential of marginal field assets in the energy industry.

SPE Nigeria Annual International Conference and Exhibition
Centre Hospitalier de Niort (FR)
Openalex Percentile: Top 69%
Reservoir Engineering and Simulation Methods
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