OIL

Matrikon helps Statoil monitor offshore assets

MATRIKON has announced that Statoil is piloting Matrikon well-monitoring technology at three fiel...

Based in Stavanger, Norway, Statoil is one of the world's biggest sellers of crude oil, producing 2.7 million barrels of oil and gas per day.

The monitoring solution, based on Matrikon's ProcessSuite, will collect data from over 100 wells and display the information in real-time via a web-based user interface.

"Matrikon's technology complements the best-practice, integrated operations processes that Statoil is developing," said Terje Schmidt, chief engineer for production technology at Statoil.

"We are demonstrating that technology can be used to leverage the information of our existing infrastructure and to distribute the information to multiple stakeholders along with the added context they require to perform their jobs."

The pilot program could have important repercussions for Matrikon, as Statoil operates 60% of all Norwegian oil and gas production, with increasing overseas interests. Statoil is also a major supplier of natural gas to the European market.

"Well-monitoring is the first step in optimising production to extend the reservoir and equipment asset life for increased recovery and improved production," said Matrikon president and chief executive officer Nizar Somji.

"We are very pleased to work with Statoil to provide the technology infrastructure to support their best-practice objectives."

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