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Start Date:5/29/2019
Start Time:11:00 AM EDT
Duration:60 minutes
Abstract:
The Oil & Gas industry is undergoing a market-wide transformation. There is increasing pressure to establish recommended practices and standards that enable interoperability between all components, equipment and systems used in Oil & Gas well construction – regardless of the type of provider.
This transformation will result in the ability to connect and exchange data and information between all parties involved. This interoperability will reduce costs, increase efficiency and improve the safety of Oil & Gas operations by effectively managing the collection, transfer and processing of drilling and well data.
Current processes are manual and cannot leverage the advanced power of data and analytics. The industry needs a technology solution that will enable an optimized value chain while future-proofing the system.
Optimizing the value chain requires an integration of Operational Technology (OT) and Information Technology (IT). This integration demands that the correct data is collected and available regardless of which service company is involved. By using data-centric connectivity software as the foundation for these new solutions, Oil & Gas companies can collect and receive the necessary data in order to provide value.
In this webinar, Mark Carrier, Market Development Director for Oil & Gas at RTI, will examine the industry’s current state of interoperability and describe how the industry can evolve to achieve the desired future state. Additionally, attendees will learn how RTI’s technology, built on the Connext Databus, can deliver the data distribution, synchronization and management of Industrial system data through a real-world case study.
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Building an Architecture for Optimizing Oil & Gas Operations
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