iStore’s asset management solutions assist asset teams by improving cycle times and monitoring asset performance, as well as tracking financials and production key performance indicators.
The asset management solutions consolidate information from multiple data sources to provide an online up-to-date access portal and decision support system to monitor critical information and optimize oil and gas production. All asset management solutions templates can be configured to meet specific client requirements and workflows.
iStore’s regional dashboard solution provides business intelligence by consolidating and reporting from multiple units with access to real-time data and information. The dashboards allow users to measure and track results and establish trends, as well as track key performance indicators and metrics. The solution organizes information in a clean and standard format, presented through visual tools including maps, charts, and graphs, allowing users to analyze, plan, budget, and forecast. Rollup and drilldown capabilities make it easy to focus on and view information related to any asset, area, field, or well.
Field Prioritization & Analysis
iStore’s field analysis solution allows users to quickly evaluate the reserve and production potential of oil and gas fields. A rich set of visualization, analysis, and mapping features assists in identifying potential reserves and opportunities to increase production. The field prioritization solution supports the ranking of fields or prospects by applying a standard methodology to prioritize and rank fields based on their production, reserves, and economic potential.
Consolidating and viewing certain types of well and field level data holistically reveals important insights into a field and helps identify opportunities to improve production and increase reserves. These solutions have been used extensively to analyze many different types of oil and gas fields including:
- Complex fractured carbonate reservoirs
- Heavy oil fields
- Unconventional shale resource plays
- High pressure, high temperature fields
Asset Information Hub
iStore’s asset information hub solution provides web-based information to support decision making for production operations. The presentation ranges from high level key performance indicators to field and well level operational detail. Information is presented in ways that engineers and technical staff find intuitive, minimizing training. This solution supports the ability to analyze, sort, and filter data in the form of tables and graphs, and export aggregated data to spreadsheets for subsequent analysis.
The asset information hub solution also supports viewing unstructured files in their native file formats (scanned documents, such as wellbore schematics, and logs), accessed in context with other data. Using key performance indicator dashboards and web-based maps, users are connected to the information they need to make realistic and profitable decisions. The solution provides easy access to detailed reports at the well, field, reservoir, or facility level, as well as operational details, such as installation, maintenance, and workovers. The solution facilitates collaboration between asset team members and speeds up daily decisions. The powerful capabilities of this solution allow the automation of complex manual workflows, improving efficiency and reducing cost.
Critical Event Management
Through a rich, interactive, web-based map, iStore’s critical event management solution brings together information about an operator’s fixed assets including platforms, plants, offices, and infrastructure, such as pipelines and surface facilities. Time critical events or evacuations can be managed by integrating live weather feeds and mobile assets such as vehicles, rigs, evacuation equipment, and people.
Users of the solution can quickly identify all field resources and mobile assets within an area of interest. Searching, sorting, and filtering of map-based objects based on specific criteria combined with the ability to accurately measure distances and calculate when events will impact a particular area gives event managers the ability to respond to natural and unplanned events such as hurricanes, floods, or spills.