Greensboro, NC (PRWEB) October 27, 2016
The price of oil during the last two years has put a lot of stress on operators to make profits. Producers can still operate and be profitable even with today’s lower prices of oil by implementing remote monitoring and control (RMC) automation. Analyzing fluids can help to determine the production of wells and proper payment to royalty owners by knowing the production allocation. Conversely, inaccurate monitoring can cost oilfield operators hundreds, or even thousands of dollars per day. Even a seemingly minuscule error can cost operators a lot of money. For more information, please visit http://www.aogr.com/web-exclusives/exclusive-story/gauging-accuracy-key-in-resource-plays
Bluetick’s RMC automation solutions are very applicable to the needs of operators.
Travis Teague at Rock Creek Oil, Inc. uses the Bluetick RMC solution to analyze the fluids at his well sites. Travis is located in the Dallas, Texas area and has assets that he monitors and controls in Gilbertown, AL; Dilly, TX; and Cut Bank, MT. He can monitor his daily production in real time and determine his production allocation. Also, he may determine his water cut based on the fluids being produced over the total fluid production. By monitoring the torque of his artificial lifts, he is able to determine if there are issues downhole, such as a hole in the tubing. When the torque rate changes and the fluids fall off, it is an indication of an issue occurring downhole. He can set configurable compound rules to alert him when such a condition occurs, so he may investigate and take immediate action to minimize his cost to correct. Once he makes a repair, he can analyze the data over time to determine if he is using the best materials in those repairs versus the prior data before the repair, therefore improving his production operations process over time.
“With today’s oil prices, operators need to minimize their risk and optimize their business strategies streamlining their processes,” said Ken Sigmon, sales and marketing manager at Bluetick, Inc. “We can help O&G operators with all of their monitoring and reporting needs. Uncertainties in production are rarely settled in favor of the operating producer, so it’s important to monitor how much you are producing and how much is being transported out.”
Bluetick Remote Monitoring and Control (RMC) helps operators to optimize their oil and gas production, enhance compliance and safety, and improve workforce efficiency.
- Accurate Production Data and EPA reporting via remote monitoring with configurable reports and trends
- Remote shut-in reduces the risk of costly spills
- Data collection and analysis deters equipment failure and extends equipment life by early detection of anomalies
- Real-time data maximizes recovery by avoiding equipment failures and drives efficiency
- SMS alerts, Voice callouts, and emails improve the response time to a field issue and maintain operational uptime
- Leverage existing hardware to minimize Capital Expenditures (CAPEX)
- Reduce the need for additional personnel and infrastructure expenses
- Information available 24/7 from anywhere in the world
To learn more about how producers improve their operational and financial performance utilizing RMC, please contact us at info(at)bluetickinc(dot)com
About the Company:
Bluetick Inc. provides remote monitoring and control automation solutions to the midstream and upstream oil and gas marketplace. Bluetick’s Remote Monitoring and Control (RMC) system solutions help operators optimize oil and gas production, enhance environmental compliance and safety, and increase workforce performance. Bluetick’s Land Management System (LMS) software automates the entire life cycle of permit, lease, and ROW acquisition projects, including land records administration and complete Esri ArcGIS mapping interface. For more information, please visit their website at http://www.bluetickinc.com.