The GOA platform uses Data Analytics to predict reduction in production performance or critical equipment failure
Geologix Operations Advisor
The core capabilities of the Operations Advisor platform present opportunities for adoption across many areas in the upstream and downstream businesses, including in Operations, Subsurface, Maintenance and Drilling teams. For example, an area where Operations Advisor can add significant value is in Production Operations. The platform can increase performance by:
Identifying production challenges before they occur
Create calculations and rules to identify recurring issues early
Send alerts with early warning of impending production issues
Improving decision-making through prioritisation of high value activities
Move from reactive to proactive – more effective activity planning
Intelligent alerts to target high-value activities
Function of time to event and severity of event
Reducing the time from analysis to execution by capturing best-practices
Store notes on production events, procedures and best practices
Linked to asset model (i.e. relevant to equipment type/system)
Facilitate collaboration between functional areas i.e. wells / facilities
Central to the design of the Operations Advisor platform is the use of Data Analytics to predict reduction in production performance or critical equipment failure, and to prescribe and prioritise corrective actions based on correlation of data patterns with failure events of the past.
