Open standard to aid oil and gas optimisation
An
Invensys product story
Edited by the Engineeringtalk editorial team
Mar 9, 2006
Invensys Process Systems took part in a presentation and panel discussion on a new open standard for digital technology for production optimisation in the oil and gas industry at Digital Energy 2006.
Invensys Process Systems joined BP, Chevron, and Shell in a presentation and panel discussion on PRODML, Production xML, a new open standard for digital technology for production optimisation in the oil and gas industry.
This presentation was part of the two-day conference "Digital energy 2006: bytes and barrels, applying digital DNA to meet the business performance challenge", sponsored by the Society of Petroleum Engineers (SPE).
In a panel discussion, Stan DeVries, Director of Upstream Solutions at Invensys Process Systems described the consequences of not having a digital technology standard for production optimisation and the benefits of PRODML from a vendor's perspective.
DeVries brings extensive experience in implementing asset performance management and distributed process control systems for the petroleum industry.
SPE organised the conference to help oil and gas industry personnel understand digital applications in business performance improvement today and to open discussion on the possibilities for the future.
Panel discussions addressed current enabling technology, the business benefits and changes for operators and vendors, and future challenges.
The conference was held on 21st and 22nd February 2006 in Houston, Texas.
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