Glossary

The use of automated systems to manage the creation, assignment, and reassignment of operational tasks, reducing administrative overhead.

Monitoring and controlling the use of chemicals in oilfield operations to improve safety and reduce environmental impact.

Managing operational tasks such as work orders, inventory, expenses, fluids, and emissions through an integrated platform.

The process of managing and optimizing compressor fleets, including data collection, monitoring, and predictive maintenance to enhance efficiency and reduce downtime.

Automation of operational processes, allowing remote control and extended operational range of assets.

Utilizing real-time data and analytics to inform decision-making and optimize performance.

A virtual model of physical assets that helps in predicting and optimizing performance through simulation.

Processing data at the source (edge) rather than relying solely on centralized data centers, enabling real-time analytics and decision-making.

Monitoring and reporting emissions data to ensure compliance with environmental regulations and support sustainability initiatives.

A tool for comprehensive evaluation and reporting of compressor fleet performance, enhancing reliability and emissions compliance.

A system for monitoring compressor fleets by collecting data directly from compressor panels and providing real-time insights.

Strategies and technologies aimed at detecting and addressing potential failures before they cause disruptions.

A platform for integrating field data with enterprise systems, enhancing data management and operational optimization.

Streamlining inspection workflows and ensuring compliance with regulatory requirements through pre-configured templates and real-time data capture.

Costs associated with the daily operation of oil and gas production, which can be reduced through efficient management and optimization.

Real-time management of oilfield operations, including communication, maintenance, and compliance workflows, to enhance safety, efficiency, and profitability.

The continuous collection and analysis of data to track the performance and condition of equipment.

Improving the efficiency and effectiveness of operations through real-time adjustments and predictive analytics.

Using data analytics to predict and address maintenance needs before failures occur, reducing downtime and improving reliability.

Continuous gathering of data from operational activities to provide up-to-date information for decision-making and optimization.

Integration of all equipment and data sources to provide comprehensive insights and seamless communication across the operation.

Efficient management of water resources in oilfield operations, including dispatching, data capture, and invoicing.