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Darrell Knight


FutureOn® Only Digital Solution to Win 2019 OTC Spotlight on New Technology Award

By Press Releases

Houston – (April 16, 2019) – Offshore Technology Conference (OTC) names FutureOn, the producer of FieldAP™ – a FieldTwin™ platform application – a 2019 Spotlight on New Technology® Award recipient. Industry leaders Equinor, McDermott and Subsea 7 rely on FieldAP to support their field development planning process – reducing both risk and saving time in their decision-making, while embarking on their companies’ digital futures.

FutureOn successfully partnered with Equinor which has provided valuable contributions during the development and maturation of FieldAP. The partnership includes evaluation of the core capabilities by developing real offshore project concepts over the last two years.

The OTC Spotlight on New Technology Award showcases cutting-edge technologies solving real subsea industry problems, today and beyond.

Being a Spotlight on New Technology Award winner is a coveted industry honor,” said Paal Roppen, CEO of FutureOn. “This award further validates FieldAP, our sector-savvy data visualization application which helps our customers significantly reduce the time to first oil.”

FieldAP,the first cloud-based data visualization application for subsea field development, securely drives workflow transparency and real-time collaboration between all relevant stakeholders. Regardless of location, FieldAP ensures project managers and engineers have the most current and updated subsea field designs in both 2D and 3D. Through its open API, FieldAP integrates with powerful engineering programs, enabling sophisticated data modeling and engineering simulations within the digital field environment.

The Spotlight on New Technology Award is highly competitive, with submissions scrutinized and vetted by a panel of subject matter experts. “We are very proud, at this special Golden Anniversary of OTC, to present these 18 Spotlight on New Technology Award outstanding winners. They are proof that the highway of the future in offshore development is being paved by innovations,” said OTC 2019 Board of Directors Chairman Wafik Beydoun.

About FutureOn®

Headquartered in Oslo, Norway with a U.S. office in Houston, FutureOn® is a digital technology innovator enabling customers to see more possibilities for their subsea assets and begin to make more forward-thinking choices. For more information about FutureOn, visit: and continue the conversation with us on Facebook, LinkedIn, and Twitter.

Media Contact:
Melanie Taplett or Deborah Buks
Ward, for FutureOn


FutureOn®, the producer of FieldAP™— a FieldTwin™ platform application, is a 2019 OTC Spotlight on New Technology® Award recipient. FieldAP is a cloud-based digitalization technology for subsea field development.


Making The Offshore Life Cycle Smarter With Digital Twins

By Editorial


The demand for oil will continue to grow over the medium term according to figures from OPEC. They predict that in the medium-term period up to 2022 there is an anticipated increase of 6.9 mb/d, rising from 95.4 mb/d to 102.3 mb/d. This corresponds to an average annual increase of close to 1.2 mb/d.

The outlook for long-term oil demand growth is slightly more optimistic, reaching 111.1 mb/d by 2040, although average growth slows to around 300,000 b/d between 2035 and 2040 on the back of anticipated efficiency improvements, a further tightening of energy policies, as well as decelerating GDP and population growth.

Slowing investment

This demand needs to be met. However, because the investment, especially in offshore, has slowed or even halted during the oil price downturn of the past three or four years the supply is down to a point where huge investment is required in developing new sources. According to Darrell Knight, EVP Global Accounts of FutureOn that is what is happening in the offshore space.

“Investment is jumping from where sanctioned projects in 2018 were in the region of $30 billion and that will jump to $182 billion this year,” he said. “It is going to be in that neck of the woods at least for the next four years or possibly longer. This is the known offshore fields that are ready now for development. Some of them are being developed already.”

These figures are backed up by the latest data from GlobalData who predict that total new-build capital expenditure (CapEx) of US$846bn is expected to be spent globally on planned and announced upstream projects from 2019 to 2025. Royal Dutch Shell leads among all oil and gas companies and is expected to spend US$54.6bn on upcoming upstream projects during the forecast period.

Need for digital

For FutureOn this presents a tremendous opportunity as a supplier of software into the offshore space that already works with many of the major operators. “We believe that this new jump in demand, plus the sanctioning of offshore fields, will drive the need for digital technologies in offshore,” Knight adds. “It will escalate that need, accelerate it because all new projects, certainly within our customer base, need to be developed in a way that is very cost-effective because of the price of oil. Even though the demand ironically is going up, the price of oil is likely still to be politically managed by OPEC and others to stay within the $50 to $60 range now.”

“Companies like Equinor, are working on new fields, one of which is called Peon, which is an announced project where they are developing completely unmanned offshore platforms. The idea being everything is being controlled through digital means. Peon is part of the Naust formation, a shallow deposit that contains estimated recoverable resources of 15-30 billion standard cubic meters.

“We see not just the topside or the platform as being automated, but the entire infrastructure from the reservoir through the field up to the platform, that entire process,” Knight added. “We’re developing software that effectively gives that capability from day one.

“Our customers are now using our software to develop digital fields in the cloud. Being able to plan, and build, and operate fields completely digitally. Because there is this uptake in new projects, it is a good time for these companies to decide that on greenfield offshore projects they will go digital from day one.”

Step forward the digital twin

FutureOn has a product that allows them to create the digital twin of the field, called FieldTwin. “Traditional digitalization approaches can threaten O&G companies’ long-term viability as they involve significant upfront CAPEX expenditures,” Knight explained. “Deploying IoT devices, SMART sensors, and robotic tools require expensive new equipment investments, employee training, and retrofitting of existing systems. Such investment may sound compelling, but the ROI on such investment is difficult to assess.

“You’re building a story, if you like, over time and managing all your data centrally. We’re offering the idea of an open platform where we use Open Web technology to allow you to access and view all the data at any point, and then some extended capabilities for editing, and operating, and tying into engineering tools. We have several different partners we’re working with to make that happen.”


FutureOn talks to Pipeline Oil & Gas Magazine about industry adaptation to digitization

By Editorial


FutureOn is an oilfield software and data visualisation company and is focused on how operators are adapting to digitisation in the oilfield.

“FutureOn has been around for over 20 years in Norway and we did a lot of visualisation rendering content for Norwegian companies. Now we have launched an offi ce in Houston and we will be adding an offi ce in London to support our growth efforts,” said Knight.

He added: “Our target now is operators – so Norway’s Equinor is a customer. We also work with ExxonMobil. We are very close with Italy’s Eni and hope to fi nalise something with them in the near future. We also work with the EPC’s. McDermott is a big customer of ours and Subsea 7.”

Knight explained that FutureOn offers a data visualisation plan.

“It is all digital and is focused on the subsea and offshore industry but the way the platform has been developed it can and will be used onshore. As the idea behind the smart asset modelling solution means every single asset is developed, so it is visual (2D/3D) and it can be assigned underlying metadata to make it smart. We then connect data with different types and format fi les that come in from the subsea, reservoir, the well and topside. Then you build out your concept field.”

He added that: “The platform itself can be completely confi gured as it is all cloud based and uses web standards. It is designed to be integrated. The idea is we bring the data in, we visualise it and then we connect it to whatever application a company wants to run the what if’s scenarios and eventually you can build the digital twin of a subsea field.” Knight said that FutureOn was focusing a lot on what it is calling the digital twin of the field.

“The big story we are pushing is the digital twin of the field.

Most of our customers are saying we have to go digital, especially in offshore where you start at the field with all that data and then it all evolves from there. The idea is that our software becomes a living, breathing software tool. Then you start linking it to other systems and it becomes something you use in operations. It represents true information that you actually have within your field. We are also partnering with software companies that are helping us
get software integration software right.” FutureOn is trying to make sure that its platform is as open as possible.

“What people like about our system is that you are not locked into a specifi c system. It is designed as a platform you can confi gure. We are not there yet but we are building out various ways to access the digital field from different user types,” Knight said.


How to build a digital strategy for the energy company of the future

By FutureOn Today

Implement a platform that manages data, integrates into existing systems

We hear time and time again from our customers and technology partners the importance of building a comprehensive and collaborative digital strategy to adequately process offshore data. To build a solid digital strategy, companies must define business objectives and goals, prioritize initiatives and implement sophisticated data management systems to make better business sense of the data.

We have found that the most forward-thinking companies embrace FutureOn®’s FieldTwin™ and FieldAP™ as the data management platform to drive a company’s digital strategy forward.

Tap unused data

Without FieldTwin or FieldAP in place to evaluate the data from robotics or Internet of Things (IoT) sensors, the value of the data is lost. In fact, Forrester Research estimates 60 to 73 percent of enterprise data goes unused for business intelligence and analytics because engineers cannot possibly manage the data without a sophisticated digital management software to handle the influx.

Without a comprehensive platform, engineers and project managers are given the impossible task to scroll through large volumes of data to identify patterns and catch real-time problems. FieldTwin and FieldAP are designed to identify discrepancies on the spot, enabling teams to make better business decisions and improve workflows quickly.

The secret sauce is data visualization. Through the power of data visualization, engineers examine multiple possibilities in minutes rather than days, weeks or months required in years past. FieldTwin and FieldAP enable teams to see more about their assets from every vantage point and every point in time real-time 3D/2D digital simulations. Visualizations allow engineers to explore more ideas, more rapidly, in collaboration with colleagues all around the world.

Integration into existing systems

In our experience, it’s best for companies to implement a platform that can be easily integrated into current systems. FieldTwin plugs into existing expert systems, so engineers don’t have to close out of FieldTwin to open flow simulation software. Instead, engineers simply open the flow simulation software or other engineering software in an iframe within FieldTwin.

While a digital strategy might vary between oil and gas companies, the name of the game for most is to maximize production and minimize downtime.

Contact us today to discuss how FieldAP and FieldTwin can support your digital strategy.

Platform with sea

Offshore Future: Enhance safety and production; Reduce operating costs

By FutureOn Today

Unfortunately, oil and gas incidents happen globally.

Companies with static business or safety models continue to put themselves at risk while companies adopting smart technology such as Internet of Things (IoT) devices spot operational or maintenance issues before they are serious or even deadly.

While these devices enhance safety, they also produce a deluge of data that cannot be adequately managed and interpreted by one or two engineers. Instead, companies turn to technology such as FutureOn®’s FieldTwin™ to harness the data appropriately to allow teams to make better decisions when it comes to operations and maintenance of assets.

Visual Data Improves Decision-Making

Visualizing data streams across the entire lifecycle of a field allows oil and gas companies to meaningfully interpret the data and plan crucial operational and maintenance activities. For example, the integrative data visualization capabilities of FieldTwin (integrated with IoT devices)
create and maintain a digital twin or an exact digital copy of an oil and gas company’s physical assets.

Through FieldTwin, critical operational data is then visually represented on specific assets as warnings or notifications when set parameters are exceeded. Customers create safer and more responsive operating conditions, thereby lowering risks and better preserving the longevity and integrity of field equipment. Additionally, offshore asset inspection, maintenance, and repair programs become more effective as access to more robust information informs priorities, timing and the expertise needed during planned maintenance.

Data Drives Profitability

The return on investment for these type of technologies are significant: up to $1 billion in cost savings or production increases, according to McKinsey. And as oil prices remain low, companies must innovate operations and improve efficiencies to stay competitive. Today’s executives need to look to technology to harness the right tools to support business strategies and make better use of existing technology because simply having the operational data isn’t enough to stay ahead of the competition and remain profitable.

With FieldTwin, visualize the data to streamline operations and maintenance, and make better, faster, safer and more profitable decisions out in the field. Contact FutureOn today and make your investments count with FieldTwin.