Invaluable Data in an Oil and Gas Asset The oil and gas asset has five phases: exploration, appraisal, development, production and decommissioning. Invaluable data from its five life cycle phases is highly essential throughout the oil and gas asset life cycle. During the initial phases, geology and geophysics data, reservoir…
Author Tata L.N. Murthy is an oil and gas professional with 21 years of experience in oil and gas upstream deepwater, shallow water and onshore fields. He has gained knowledge and qualifications in eight subject areas of oil and gas operations (chemistry, inspection, corrosion, IT, HSE, operations, petroleum and procurement and contracts). Murthy has published three books on personality development and 28 papers (single and self-authored) in 17 subject areas (corrosion, environment, quality, projects, maintenance, operations, finance, asset integrity management, asset management, security, legal and statutory, procurement and contracts, inspection, chemistry, safety, trainings and HR) of oil and gas asset management, which includes a paper on legal and statutory compliance for commencing oil and gas production in the March/April 2018 issue of OILMAN Magazine.
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.
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