Technology Magazine May 2018 | Page 21

IIoT , the key to achieve a Top Quartile Performance in the oil and gas industry

Oil and gas companies strive to meet business and performance goals . Constantly changing market dynamics and operational challenges can make it difficult . Whether you are producing from a conventional or unconventional field , key challenges like reducing operating costs , minimizing HSE risks , and maximizing production are paramount .
For decades , the industry has primarily used closed , private networks to control critical plant functions , or Operational Technology ( OT ). But in recent years , oil and gas companies have been among the first to explore Internet of Things ( IoT ) applications that enable more widespread and cost-effective monitoring and control of facilities , along with reduced costs and increased flexibility . Companies are dramatically improving the speed and accuracy of decision-making based on having the right information in the hands of the right expert , no matter where they sit .
The Industrial Internet of Things ( IIoT ) is ushering in a digital transformation that enables companies to exploit technology and expertise better than ever before , but only if the right scalable technology strategy is matched to your business goals .
The digital era is a reality for oil and gas leaders like Pemex , where state-of-the-art technology will bring about important operating improvements and increase productivity throughout the company ’ s value chain . Digital transformation has become a fundamental tool to bring about a change that will lead the company towards modernity and that will help Pemex face the challenges of the new Mexican energy model . This digital transformation will add value to production , reduce the overall costs of production processes , and optimize and streamline logistics , in addition to increasing the operating security of the company .
This is why Emerson introduces the extended the extended Plantweb Digital Ecosystem , a scalable portfolio of standardsbased hardware , software , intelligent devices and services for securely implementing the Industrial Internet of Things ( IIoT ) with measurable business performance improvement .
Plantweb Digital Ecosystem harnesses the power of Industrial IoT to expand digital intelligence to the entire manufacturing enterprise , while also providing an architecture for on-premise applications . Plantweb provides a comprehensive framework to help manufacturers achieve Top Quartile performance in the areas of safety , reliability , production and energy . Top Quartile is defined as achieving operations and capital performance in the top 25 percent of peer companies .
In addition to highly secure process control , safety and asset management systems , Plantweb supports enterprise-wide operations with an expanded portfolio of Pervasive Sensing field instruments , the Secure First Mile family of software , gateways , security devices and services , the Plantweb Insight™ and Plantweb Advisor™ scalable suite of software applications , the Plantweb Optics™ Platform , and Microsoftenabled , cloud-based remote expert Connected Services .
Pervasive Sensing expands the industry ’ s largest portfolio of measurement and analytical technologies . Secure First Mile is a security architecture that allows customers to selectively connect highly secure data from protected control and operation systems ( OT ) to operational performance applications in the cloud environment ( IT ). Plantweb Insight Software provides a comprehensive , lightweight portfolio of IT-friendly applications with analytics for monitoring asset health which can run independently of existing business systems and distributed control systems ( DCS ) and provide a simple and powerful entry point to Industrial IoT . Plantweb Advisor Software is a robust suite of integrated analytical expert applications for asset health , performance modeling and facility-wide energy optimization . The widely adopted OSIsoft PI System ’ s highly scalable open data infrastructure is used as a platform for these applications . Plantweb Optics is a mobile-ready collaboration software platform that provides cross-functional collaboration and decisionmaking to help plants operate safely and profitably . Lastly , Connected Services is an Industrial IoT-enabled cloud services offering for real-time monitoring of important assets ’ health , energy consumption and other operational applications .
But the Industrial IoT is not only transforming the way information is conducted across the company to improve decision making . Industry is at a critical inflection point where efficiency-focused operational improvement programs have reached a point of diminishing returns , and personnel are being strained to achieve more with less than ever before . In the next era of manufacturing , Top Quartile performers will embrace digital transformation through the Industrial Internet of Things ( IIoT ) to accelerate , institutionalize , and sustain best-in-class behaviors across their workforces .
The Emerson Digital Workforce Experience , is an immersive experiential environment that transforms , via Industrial IoT , the nature of work and improves workers ’ lives through real-life work scenarios in five key industrial areas : project engineering , commissioning , control and simulation , maintenance , and reliability . The Digital Workforce Experience empowers workers to transform traditional behaviors and deliver value in fundamentally new ways by adopting innovative approaches enabled by Emerson ’ s Plantweb digital ecosystem .
In summary , the potential of the Industrial Internet of Things ( IIoT ) is bound only by the limits of our creativity . But its realization will forever be tied to security . This trend is already playing out among early Industrial IoT adopters in the oil and gas industry , where there is tremendous motivation to adopt networked technologies and smart sensors . Many oil and gas facilities , especially offshore platforms , are located in dirty , distant , dull and dangerous environments . In these harsh areas , automation and remote management can increase efficiency , improve performance , and enhance profitability . But most importantly , they keep people out of harm ’ s way .
TO LEARN MORE ABOUT EMERSON ’ S PLANTWEB DIGITAL ECOSYSTEM GO TO EMERSON . COM