S08 ORME 2 2023 Innovations_Layout 1 29/03/2023 15:23 Page 42
Innovations
LYTT, A PROVIDER of real-time, sensor analytics platform and applications suite, and Amazon Web Services (AWS) have collaborated to enrich and scale LYTT’s sensor fusion insights platform using AWS’ industry-leading cloud infrastructure. LYTT offers a cloud-based, end-to-end data analytics platform that transforms petabytes of sensor data into connected and actionable insights visualised via an LYTT’s sensor fusion-enabled solutions intuitive user interface. Industrially proven in oil and gas, are applicable across sectors including LYTT has helped customers across the globe address flow, oil and gas. solids, integrity, and seismic operational challenges, unlocking millions of dollars in value. LYTT's sensor fusion-enabled solutions are applicable across sectors and are currently also being applied to carbon capture and storage (CCS) and water utilities. Ian Setterfield, sales and business development manager, LYTT, said, “Our latest agreement with AWS unlocks the next level of scalability by underpinning LYTT’s sensor fusion-enabled solutions with a robust, secure cloud architecture. Cloud technology enables our real-time monitoring platform to grow in step with our customers’ needs, and we’re looking forward to developing further relationships in this space to ensure our users can reliably access instant insights on their asset health and performance from anywhere in the world.”
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Issue 2 2023
Image credit: Adobe Stock
LYTT joins with AWS to scale sensor fusion-enabled solutions
INPEX wins joint award at MEOS GEO JAPAN’S INPEX CORPORATION (INPEX) won the Innovation and Technology Award at the Middle East Oil, Gas and Geosciences Show (MEOS GEO) on February 19, 2023, with Nissan Chemical Corporation and OILMIND LLC for their development of new generation chemical water shut-off (WSO) technology based on emulsion with nanoparticles. This innovative technology results from a multi-year cooperation between the three companies and was recognised as having considerable potential for being efficiently applied to carbonate oil formations in the Middle East. Image credit: Adobe Stock
BAKER HUGHES ANNOUNCED at its Annual Meeting in Florence, Italy, the introduction of multiple new digital solutions and investments to advance more intelligent and energy-efficient operations. They focus on improving efficiency and performance while reducing emissions, helping to drive the long-term sustainability of customer operations. “Digital is redefining the limits of how the energy and industrial sectors can increase efficiency, operate predictably and ensure lower emissions in a sustainable manner,” said New digital solutions were featured at the Baker Lorenzo Simonelli, chairman and CEO of Baker Hughes Annual Meeting. Hughes. “We have long recognised digital is a critical capability in taking energy forward and leading in the energy transition, and we are continuing to invest and innovate for our customers. Our latest solutions are a testament not only to the power of digital enablement but also to our ongoing commitment to driving more efficient, informed and sustainable operations for our customers and ourselves.” Leucipa is a public and private cloud-based automated field production software solution designed to help oil and gas operators proactively manage production and reduce carbon emissions. Leucipa focuses first on the specific outcome an operator wants to achieve, harnessing and leveraging data to drive intelligent operations. By automating production processes, Leucipa will eliminate inefficiency, ensure more environmentally sound operations, and enable customers to help recover the millions of barrels that would have otherwise remained in the ground. Leucipa will be released to the global market by mid-2023. Cordant is an integrated suite of solutions supporting industrial asset performance management and process optimisation. Building on Baker Hughes’ broad and established rotating equipment, critical sensors, valves, pumps, gears, and inspection service domain expertise, Cordant will combine existing digital offerings for hardware, software and services capabilities into one integrated and simplified user interface. Customers’ digital assets, tools and insights will converge within Cordant and can easily integrate with existing Baker Hughes technologies as well as technologies from other equipment manufacturers. In addition, Baker Hughes announced it is collaborating with Corva, which offers an open solution for well construction digital offerings to enhance rig visualisation and decision making in the oil and gas industry. Corva's analytics and real-time data capabilities will improve well construction operations and reduce costs. Its open development platform allows innovation by the operator and/or service providers. Baker Hughes is a minority investor in Corva, becoming an international reseller and introducing new applications to the Corva App Store for access to its oilfield expertise. The collaboration aims to create a digital accelerator for improved efficiency in rig operations.
Image credit: Baker Hughes
Baker Hughes unveils new digital solutions at Annual Meeting
The technology inhibits water cut.
The new WSO technology was developed to overcome issues posed by existing technologies and inhibit the water cut that causes the reduction in production and economic efficiencies. The MEOS GEO committee commended the technology for its contribution to improving oil recovery, minimising CO2 footprint during water shutoff operations, and reducing the intensity of CO2 emissions associated with the treatment of produced water. The technology is expected to address issues of water encroachment in geologically complex carbonate oil formations in the Middle East characterised by high temperature and salinity. The technology deploys a water shut-off agent with ideal pseudoplasticity and can be easily handled during make-up and injection operations. When injected, the agent is practically selective wherein it works only in areas predominantly saturated with water and disperses in the oil zone, avoiding damage to oil columns. Its reversible physical properties enable it to be neutralised when injected into unintended targets. Due to these characteristics, the technology does not require temporary mechanical isolation work to protect oil columns as with existing technology, enabling the significant reduction of operating costs and CO2 footprint.