WellAware, Halliburton Partner to Distribute WellAware IoT Solution
San Antonio-based WellAware will collaborate with Halliburton unit Landmark to distribute WellAware’s hardware and software offerings, including its recently released Integrated Radio and Controller for oil and gas producers.
The combination of Halliburton’s scale and oilfield services experience with WellAware’s data collection platform “will help operators transform their business processes with real-time data,” said Matt Harrison, president and CEO for WellAware, in a Dec. 6 press statement.
“With simplified data accessibility and accuracy, operators can now make real-time, data driven decisions either autonomously at the edge, or in their offices with no capital outlay and no startup costs,” Nagaraj Srinivasan, senior vice president of Landmark and Halliburton Digital Solutions, said in the release.
WellAware’s new Integrated Radio and Controller, an industrial Internet of Things platform, has a Class 1, Division 2 rating to meet hazardous location safety regulations. It has a “Store & Forward” feature to prevent data loss in case a network disconnection occurs. The platform also is available as Data Collection as a Service.
“Historically, it has been really expensive and time-consuming to provide automation in the oilfield,” David Milam, executive vice president for product management and marketing, told Rigzone. “If you’re an operator, you first have to hire an automation team to go out and instrument all the devices. You need to hire communications experts and choose the right modems and radios and determine how to get data from the field, either through cellular, satellite or with proprietary megahertz. Then that data has to be integrated into a software system.”
The amount of work involved has meant that only the largest operators can afford to do this for the most profitable wells, Milam stated.
The company has seen operators using the downturn as a chance to enhance the efficiency of their businesses, including reducing operating expenses and downtime, with technology such as automation. Even when oil prices recover, efficiency will remain a focus for operators to remain competitive, Milam said.
WellAware, which operates in the Eagle Ford, Bakken, and in all the major plays, is also seeing this trend in the Permian Basin. Through its partnership with chemical pump manufacturer TXAM, WellAware is seeing a lot of operators trying to drive down operating expenses associated with chemicals, Milam said. The company also is seeing operators seek to reduce expenses for compression units.
Historically, operators have first focused on reducing labor, transportation and lease operating expenses. The second cost they typically look at is cutting production chemicals, Milam explained. Many operators in the Permian also have tried to automate production, such as flow computer and production tank levels. Now WellAware is seeing companies seeking to expand that to other surface assets such as chemical tanks.
The company plans to release several new products in 2017. To meet customer demand for a whole solution to keep operations running with minimal staff. Milam said that many of the largest operators have their SCADA administration staff down to the bone. These companies are looking to use automation and technology to augment existing systems and expand into new areas while driving down costs.
Earlier this year, WellAware launched its integrated radio and control for chemical management.
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