Smart Oilfield

PointCross's Smart Oilfield (SOF™) is a collection of processes and applications that manage field data that is being collected from the field and facilities for production. The SOF processes, workflows, analytics and automation capabilities help operators optimize their operations, maintenance, and production while easing their routine reporting to planning and strategic back-office teams. Connecting the field to the board room, SOF extends the automation for intelligent oilfields.

Smart Oilfield (SOF™) offers access to E&P companies' existing knowledge base, including SCADA and DCS data; advanced search, orienteering, meta-analysis, and predictive analytics capabilities; and process orchestration, all in a secure, unified collaborative environment.

Key benefits of SOF™

• Shorten 'Data to Decision' cycles: empower E&P companies to identify issues and opportunities in their production facilities faster and more reliably
• Drive better operational and strategic decisions by enabling advanced search, orienteering, meta-analysis, and predictive analytics
• Maximize first year production and operability, and minimize production downtimes
• Flexible architecture enables rapid deployment - about 1/10th the time of traditional architectures.
• Lowest total cost of ownership - about 1/3rd of traditional systems
• High Returns – SOF™ deployment at an independent Oil &Gas company delivered an IRR from Productivity gains of 612% (not including risk reductions such as managing downtimes)

Processes automated by SOF™

• Well Startup
• Production Data Accounting & Reporting
• Permit to Work
• Well Shutdown
• Manifold Shutdown
• DWPLEM Shutdown
• Subsea Intervention With Shutdown (Production loss)
• Subsea Intervention Without Shutdown (No Production loss)
• Subsea Intervention with Valve Operation
• Production Planning
• Sand Monitoring & Management
• Hydrate Monitoring & Management
• Annulus Pressure Monitoring
• MEG Injection Monitoring
• Well Ramp up/Ramp down
• Shutdown Planning

Key business deliverables by SOF™

• Automation of common workflows and processes to manage production and planning
• Improve visibility to production events, providing better management and prioritization on resolution of events
• Deliver an evergreen knowledge repository of its operations, developmental decisions and performance
• Management reporting at their desktops, laptops and even their mobile devices with security, transparency, drill-down, and data integrity in near real-time – or on demand
• Improve clarity in business and technical decisions that materially impact the P/L or Balance Sheet
• Support medium term planning and production forecasts
• Visibility into status, risks and identifying and tracking issues for every instance of a business process
• Organization of emails, documents, and associated information related each instance of a business process
• Capture meeting notes and relate them to the appropriate activity in a business process
• Ability to search and discover information related to different business processes
• Offline capabilities for collaboration
• Ability to securely interact with all stakeholders
• Live simulation of production processes to replicate real world scenarios for training and reality check on staff preparedness

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