To secure a prosperous future in the green economy, the oil and gas industry needs to look at how it can improve efficiency, while lowering expenditure and reducing errors. These new challenges require the industry to consider new ways of working and collaborating.
Executing an oil and gas project to budget and on schedule is no small feat. Success is built on a foundation of solid planning and team work. But, for too long project teams have been labouring at a disadvantage – a serious lack of readily accessible information.
Sometimes there are only physical paper copies of materials, which can complicate the planning cycle as new versions are created and people struggle to get their hands on the data they need, particularly if teams are distributed across the globe.
The flow of information can quickly become convoluted as documents and designs go through numerous updates. Tracking amendments when there are multiple versions can make it hard to determine which is the right version, which can lead to vital information being lost along the way.
Unify data and provide greater accessibility
Similarly, when data is spread across multiple platforms e.g. word documents, spreadsheets and various backend systems, tracking down what you need to know is so much harder and time consuming. Information restrictions put in place by companies mean that often people simply do not have access to the materials they need to do their job.
Not only do these barriers slow down decision making and delay the planning cycle, they also impede collaboration, reinforce information silos, and undermine efforts to boost productivity and drive cost-efficiency. This internal misalignment between different disciplines can also lead to multiple project revisions, delays in decision-making and approval processes, and result in significant unforeseen expenses.
Without effective cross collaboration and knowledge sharing, critical activities, such as the assessment of geohazards and pipelines, become more challenging and time consuming than necessary.
Support cross discipline collaboration
In an industry where bringing projects online as quickly and safely as possible, and strong production performance is a business necessity, a single digital cloud-based platform offers an ideal solution.
FutureOn’s FieldTwin Design tool is an online platform that facilitates cross discipline collaboration and provides users with the same uniformed real-time information, thereby reducing the risk of inconsistencies and errors that can occur when documentation is passed between teams and departments via more traditional routes.
FieldTwin Design pulls in and aggregates data related to the project in one accessible platform, thus allowing engineers to quickly and accurately carry out their tasks, while improving the documentation of the project. This streamlined transfer of information between different disciplines and project phases eliminates the risk of information going astray and the potential of errors and delays in transmission.
The time and cost savings generated by FieldTwin Design, ensures that projects reach completion faster and within budget parameters.