Empower Your Teams with Deeper Insights
AspenTech's APC solutions aim to optimize production from the reservoir to separation and processing plants in the upstream sector. By ensuring optimal oil and gas production throughout the asset's lifetime, AspenTech enables teams to gain deeper insights and improve confidence across various disciplines including geologists, reservoir engineers, production engineers, process engineers, and control engineers. This comprehensive approach results in improved asset value exceeding 7%, a gain of $20-35 million per site, and an increase in production by 2-4%. The solution focuses on enhancing operation from reservoirs to surface pipeline networks and processing facilities.
Production Optimization of Natural Gas Pipelines & Field Production Facilities
An exemplary success story of AspenTech's APC solutions is demonstrated by YPFB Andina, who increased their gas production and achieved a $280 million revenue boost within a year by utilizing an integrated model of multiple gas production facilities located across Bolivia. This showcases the potential for substantial financial gains and operational enhancements through AspenTech's solution.
Implement Key Processes to Improve Your Production Performance
AspenTech's APC solutions encompass key processes such as subsurface science & engineering, process engineering, and advanced process control & optimization to enhance production performance in the upstream sector. Subsurface Science & Engineering involves utilizing advanced geophysics, petrophysics, geologic modeling, and reservoir and pipeline flow simulations to identify opportunities for extending an asset's life through production optimization. Process Engineering enables accurate prediction of yields and properties of process streams from surface processing facilities utilizing rigorous simulation. Advanced Process Control & Optimization focuses on optimizing production rates, minimizing energy consumption, and managing process disruptions through AI-embedded adaptive process control.
Drive Operational Excellence with AspenTech's Subsurface Science & Engineering Technologies
AspenTech's Subsurface Science & Engineering technologies leverage advanced science to deliver highly accurate results, assisting companies in minimizing operational costs and maximizing returns on investments. By connecting subsurface intelligence to surface operations, AspenTech aids in driving operational excellence while reducing uncertainty and supporting responsible asset management. This integration between subsurface analysis and surface operations leads to improved decision-making and operational efficiency.
Optimize Upstream Production Planning and Operation with Digital Solutions
In an on-demand webinar, AspenTech experts discuss how their digital solutions can optimize production across reservoirs, networks, and processing systems for successful field development and operations. By utilizing digital tools, companies can streamline their production planning and operation processes, leading to increased efficiency and profitability. This proactive approach to production optimization ensures that companies can adapt to changing market dynamics and technology advancements effectively.