HOUSTON – ABB has introduced its Ability Process Performance Dashboard, designed to help operators use the increasing amount of data they are generating to quickly identify and fix performance weaknesses.
The cloud-based service measures the performance of oil and gas facilities against various indicators, including start-up time and operator interventions.
A 150-strong team at the ABB Ability Collaborative Operations Centre in Oslo, Norway, then analyzes the data, with results fed back via the dashboard, revealing areas of improvement and suggesting potential solutions.
ABB claims that a well-managed approach to process performance improvement can increase production by around 5%, so on a 50,000-b/d platform (in an oil price environment of $50/bbl), this would generate an additional $35 million in annual revenue.
Espen Storkaas, ABB’s Industry Sector Digital Lead for Oil and Gas, said: “The current climate is still challenging for operators, so it is really important that they can maximize value from every dollar spent. Even small changes to improve performance can have a huge impact on margins.
“The new dashboard accelerates the rate of this ongoing improvement by providing access to the latest digital and data-driven innovations…It is also fully scalable which means companies can respond quickly to new challenges and opportunities as they arise.”
The dashboard has been trialed, including by a large oil and gas company in the North Sea, allowing it to exceed uptime of 95% across its facilities, ABB said.
ABB is exhibiting at booth #3514.