The Use Of Digital Twins In The Oil And Gas Industry

Digital twins are a virtual model in which the virtual and physical worlds are interfaced.The virtual model allows oil and gas companies to perform system monitoring and data analysis in such a way as to increase the efficiency of operations, reduce maintenance costs, accelerate production processes, reduce operating costs, prevent equipment downtime, increase the life cycle of assets and ensure faster decisionmaking.It is shown that in Russia the technology of digital twins is at the evaluation stage: the concept is used by individual companies, and its use is fragmentally limited to some key projects.However, the positive economic effects achieved, as well as solving the problems of integrating new technology into existing information systems, may in the future create the necessary conditions for the widespread introduction of digital twins into the Russian oil and gas industry.Digital twin technology will allow Russian oil and gas companies to remain competitive in conditions of reduced demand and lower energy prices.The problems of introducing digital twins are largely related to unresolved problems of integration with existing information systems.According to the author, in order to spread the technology, it is necessary to provide opportunities for disclosure and exchange of information between players in the oil and gas sector, as well as the need for joint work to create a digital infrastructure of twins.

Authors

Publication Details

Journal
European Proceedings of Multidisciplinary Sciences
Published
2024-09-30
DOI
https://doi.org/10.15405/epms.2024.09.5
Primary Topic
Oil and Gas Production Techniques
Type
article
Field-Weighted Citation Impact
0.00

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article

The Use Of Digital Twins In The Oil And Gas Industry

Azieva Raisa Husainovna Husainovna
European Proceedings of Multidisciplinary Sciences
Oil and Gas Production Techniques
article

The Use Of Digital Twins In The Oil And Gas Industry

Azieva Raisa Husainovna Husainovna
article en

Abstract

Digital twins are a virtual model in which the virtual and physical worlds are interfaced.The virtual model allows oil and gas companies to perform system monitoring and data analysis in such a way as to increase the efficiency of operations, reduce maintenance costs, accelerate production processes, reduce operating costs, prevent equipment downtime, increase the life cycle of assets and ensure faster decisionmaking.It is shown that in Russia the technology of digital twins is at the evaluation stage: the concept is used by individual companies, and its use is fragmentally limited to some key projects.However, the positive economic effects achieved, as well as solving the problems of integrating new technology into existing information systems, may in the future create the necessary conditions for the widespread introduction of digital twins into the Russian oil and gas industry.Digital twin technology will allow Russian oil and gas companies to remain competitive in conditions of reduced demand and lower energy prices.The problems of introducing digital twins are largely related to unresolved problems of integration with existing information systems.According to the author, in order to spread the technology, it is necessary to provide opportunities for disclosure and exchange of information between players in the oil and gas sector, as well as the need for joint work to create a digital infrastructure of twins.

European Proceedings of Multidisciplinary SciencesVol. 4
Russian Foundation for Basic Research
Openalex Percentile: Top 79%
Oil and Gas Production Techniques
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