infographic - honeywell digital suites for oil and gas
TRANSCRIPT
THE Honeywell Solution Honeywell offers digital field technology through Digital Suites for Oil and Gas, which can help improve production performance through digital intelligence.
Digital Suites for Oil and Gas
Discover Performance
THROUGH Digital Intelligence
MCKINSEY & COMPANY, BAIN & COMPANY, SOCIETY OF PETROLEUM ENGINEERS, HONEYWELL CUSTOMER FEEDBACK
STATE OF THE INDUSTRYOvercoming key challenges facing Oil and Gas producers today:
The value of integrated operations in upstream Oil and Gas include:
Operational data
Process safety
Equipment effectiveness
Operational performance
Production surveillance
Production excellence
6 Suites in the Digital Suites for Oil and Gas:
Typical annual savings in a mid-size field
$5 MILLION USD
Decline in operating costs
10-20%
Typical savings, per well, from better
monitoring
$200K–300k
Increase in production efficiency
5%Reduction in
OPEX
20%
Benefits of Effective Production Management
Oil and Gas data volume growth
each year
X5
To learn more, visit http://hwll.co/dsog
Maximizing ROI on existing assets
Improving production performance while maintaining safety
Reducing operating costs
More profit on each barrel: Faster, safer:
Expected production increase from using Honeywell’s Digital Suites for Oil and Gas
3–5%
96% of companies are not using data to its
full potential.
96%3
increase in operator productivity
100–400%
50 sites on the North Sea and another 100 sites worldwide are using Honeywell software solutions
150