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Cost Effective Implementation of Remote Monitoring Solutions TC How I learned to Love Wireless Technologies T echnologies OR.

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Presentation on theme: "Cost Effective Implementation of Remote Monitoring Solutions TC How I learned to Love Wireless Technologies T echnologies OR."— Presentation transcript:

1 Cost Effective Implementation of Remote Monitoring Solutions TC How I learned to Love Wireless Technologies T echnologies OR

2 TC T echnologies Energy Markets Today It could almost be said that every molecule of gas produced is burnt the same day.

3 Such conditions lead to TC T echnologies

4 TC The question for the producer today is T echnologies The answer is Maximize

5 Data Acquisition Data Transmission Data stored and archived for retrieval YOU Data Transformed into Information Information used to organize optimize strategize Strategies Transformed to Action that increases the bottom line. Raw Data Information Increased Profits TC T echnologies The Data to Action Cycle Refine Data

6 How do they achieve such speeds? They know every bolt of their car And every inch of the track. The Chevrolet Impala SS TC T echnologies The ChevroletImpala SS The ChevroletImpala SS

7 Knowledge is Power Todays Technologies gives you TC T echnologies

8 TC T echnologies A text message that a compressor is down on Friday at 5 pm instead of a call from the pumper Monday at 9 am can add 10% of a months production An alarm that the dew point is over 5lbs can save flaring gas to bring it back within tolerance if it goes over 7lbs Being able to view tank levels on 30 tanks on one page can mean better cash flow for the month Viewing Pump off control data on the web by the engineer in another state is saving rod strings and reducing repairs Viewing plunger trips is delivering increased production through better instructions to the pumper on how to set the plunger control Chemical injection monitoring is insuring proper application of treatments and more timely inventory management

9 Who remembers the buzz word ? TC T echnologies Convergence – the melding of wireless data to the internet to markets and delivery.

10 What a journey! Who here remembers –CDPD –CCSD –Microburst Celemetry –RAM mobile data TC T echnologies

11 Who is familiar with these terms? GSM CDMA GPRS LEO UMB TC T echnologies

12 SO what does access to this information mean to the TC T echnologies BOTTOM LINE_____________________

13 50 mcfd X10% 5mcfd X$5.00/mcf $25.00 X30 days $750 mo Cost < $90/mo Its all about optimizing production 50 mcfd X10% 5mcfd X$6.50/mcf $32.50 X30 days $975 mo Cost < $90/mo T echnologies 50 mcfd X10% 5mcfd X$7.00/mcf $35.00 X30 days $1,050 mo Cost < $90/mo Break even. 6mcfd.46mcfd.42mcfd Or about 1 gallon of gas Or in a good vehicle 20 miles TC

14 Imagine –Online comparing check meters with sales meters –Tracking plunger lift cycles –Getting notification that a choke failed and sending someone with the tools to fix it before the well sands up –A dewpoint alarm at 5 lbs and being notified that it was fixed 3 hours later NO SHUT IN NO FLARE OFF –Your hauler getting the tank level indication at the same time as your gauger –Having a report indicating loading and unloading of your tanks –Tracking and recording temperatures and pressures on a JT Skid – Setting % fill and down time on your POC from your desk TC T echnologies Imagine all the people living life at ease

15 Data Acquisition Data Transmission Data stored and archived for retrieval YOU Data Transformed into Information Information used to organize optimize strategize Strategies Transformed to Action that increases the bottom line. Raw Data Information Increased Profits TC T echnologies The Data to Action Cycle Refine Data

16 TC T echnologies Shortening the cycle increases the velocity What Velocity? The Velocity that data can be circulated throughout the company

17 Traditional –Operations –Production Accounting –Marketing Expanded –Geologists –Reservoir Analysts –Investors –Consultants TC T echnologies

18 DATA Decreased costs of gathering data Increased our knowledge of what is happening on ALL of our locations ALL of the TIME TC T echnologies

19 Refining data to Information Significantly shortened the time it takes to disseminate the data through out the company Quicker analysis, more timely responses better operational decisions TC T echnologies

20 Lowered data gathering costs Optimized production Reduced downtime at two levels preventative shortened time to respond to problems TC T echnologies

21 We did it Increased Revenue + Lower costs TC T echnologies


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