Opportunity Management

Many tasks must take place during the life-cycle of a field, some of these are routine while others arise when needed.  At OVS Group, we have implemented an oilfield coordination workflow with several clients.  This tool allows the clients to record, assign, track, and analyze tasks that need to be performed or have been performed. These clients have reduced both operating and capital expenses by streamlining and prioritizing actions to be taken in the field.

The Challenge

To keep an oilfield up and running there are a lot of tasks that need to be completed like maintenance, operational improvements, and capital workovers. Coordinating the existing list of tasks while adding new opportunities is difficult. Additionally, some of these efforts require certain equipment, extend over a long period of time, or utilize multiple resources.  Compounding the challenges of limited time and people are other challenges, such as:

• New tasks could be added, but how should they be prioritized?
• Does the field have all the information they need to perform a certain project?
• Should results of the project be tracked separately? i.e. Cost Reduction, Reserves Adds, Production Improvements
• Are there dependencies on certain equipment?
• Are there other linked opportunities?
• When should it be completed by?

Maintaining the schedule, tracking tasks, gathering key information, setting priorities, and coordinating resources all add to the challenge of operating an efficient operations team.

The Solution

At OVS, our Oilfield Coordination Workflow has been deployed several times to help address these issues.  The workflow is highly configurable to account to for many unique situations.

The system allows engineers, supervisors, operators, and vendors to enter new opportunities or tasks. They can then make comments or close the opportunity. These opportunities can be classified into client-defined categories, such as pump adjustment, motor repair, or pull and replace tubing.  The opportunity can be assigned to a person, team, or vendor with deadlines or expectations. Depending on the type of work to be completed, the Oilfield Coordination Workflow will automatically attach task-specific information, such as wellbore schematics, maps, or production profiles.

Users of the system can quickly see what tasks are assigned to them, or their team, with all the relevant information about the project.  The status of the project is transparent throughout the entire organization.

Some clients already have maintenance management systems deployed within the company. The Oilfield Coordination Workflow integrates with those systems to pull maintenance tasks and adds them to the “to do list” eliminating the need for operators to interact with another system.

A user can easily track certain actions for production or economic improvement.  This workflow could be used to trigger an Uplift Analysis, to evaluate the increase.

Final Thoughts

Every operation has a long list of things to do in the oilfield from the field to the office.  The team cannot waste time and resources in these projects. Streamlining the opportunity or task management is key to ensuring continuous improvement in the field.

For more information, please contact OVS Group.