Whitepapers
World Oil white papers include literature on the latest trends, development and advances in the offshore and onshore oil and gas industry, including technology and technologies relating to operations, shale, technology, subsea, deepwater, rig activity, drilling, innovations in the oil and gas industry and more.
The rise of digital twins: Delivering on their promise
March 01, 2021
Sponsored by: Wood
The rise of Digital Twins...from science fiction to digital reality? In a galaxy far, far away the goal of digital twin technology was clear. From a digital representation, Princess Leia and her rebel commanders could pinpoint the imperial Death Star’s fatal flaw – and sent in their Jedi to destroy it. But can science fiction become a digital reality? The global market for digital twins is expected to grow 38 percent annually reaching $16 billion by 2023. Industries are looking to maximize their returns on capital expenditure on key strategic assets, whether it’s a new greenfield asset designed with optimal performance at its core or it’s modifying an existing strategic asset to increase yield and reduce cost. In reading this piece, explore how you can unlock the promise of digital twins across the asset lifecycle to be future ready now, in the real world.
Advancing Paraffin Control: Chemical Design and Evaluation
October 14, 2020
Sponsored by: SI Group
Successful field paraffin management relies on many important factors that impact both the production fluid and the production chemistries deployed, but one is commonly overlooked – ambient temperature. Like produced fluids, the properties of paraffin inhibitors, such as viscosity and pour point, are affected by declining temperatures. SI Group is developing robust and reliable paraffin inhibitors with improved solubility and stability for land-based and subsea applications that demonstrate exceptional performance in sub-optimal conditions and applications.
Predictive Maintenance Takes on Operational Risk
October 07, 2020
Sponsored by: AspenTech
In today's volatile, uncertain, complex and ambiguous (VUCA) global market, everything is changing — and in production environments, change means increased risk.
Asset performance management technology provides deep insight into risk factors across the enterprise, enabling companies to:
• Increase the safety and sustainability of their operations by avoiding unsafe conditions
• Optimize margins by significantly reducing unplanned downtime
• Lower insurance premiums by improving their risk profile
Learn how predictive maintenance can deliver financial advantages now.
Six steps to managing the integrity of ageing assets
September 18, 2020
Sponsored by: LLoyd's Register
Aging assets pose a significant risk to reliability, burdened by factors such as poor preventative maintenance programmes, a lack of data, changing operating envelopes and obsolete technologies. The longer an asset remains out of service for repairs, the longer its impact on production. However, reliability can be radically improved and the life of these assets significantly extended for years to come, by adopting the right asset management model.
Increasing Well Delivery Efficiency through Enhanced Scheduling
September 14, 2020
Sponsored by: Acetnum
• When your manager wants to know the cost of your drilled inventory, does it take more than a few seconds to give an accurate answer?
• When your drilling program budget is changed does it take you more than 10 minutes to reschedule your project?
If you answered “Yes” to either of these questions you’re not alone. Eight out of ten oil and gas operators use scheduling software that doesn’t effectively support well delivery projects.
Our White Paper explains the limitations of simplistic scheduling software and describes the benefits of modern tools.
