Petroleum Production Software: How Petroleum Production Software Eliminates Human Error
Chalk it up to the listless well bidder, lousy oil production software, or overworked manager; however, when wells do not produce at their maximum production level, you lose.
According to the Oklahoma Marginal Well Commission, the typical well produces 2.3 barrels of oil per day. Now, for simplicity, let’s say that every well your business has developed is a “marginally producing well.”
Let’s also say that, on average, each of your current well bidders handles approximately 10 wells.
Stay with us…
10 wells, each averaging 2.3 bbls per day, equals 690 barrels per month.
A pumper responsible for 10 wells, on average, handles 690 barrels of oil per month.
At $90 of oil, that’s $62,100 of revenue…an individual pumper is responsible for $62,100 of sales revenue per month (much more if the production rates of their wells are generally more than that of a well producing marginally).
That’s a lot of money.
Now, most of the pumpers we’ve come across tend to be very hard workers and do a very good job. Congratulations to all the pumpers wherever you are!
And, pumpers (just like the rest of us) aren’t perfect. These guys have a very difficult job: many of them have to visit dozens of tenancies a day. And just like the rest of us, they make mistakes…
Unfortunately, mistakes cost your organization money.
So what can we do? How do we prevent your pumper from making foolish oversights with company oil?
Ladies and gentlemen, the answer to minimizing pumper oversights in the field is an oil and gas app for operators and their pumpers.
“But our guys won’t be working on computers in the field! They don’t want to change!”
Well, if you explain that it will lessen their workload, all you’ll do is provoke a bit of skepticism. But, let’s just say they’re going to get an iPad from the deal, and we promise it will pique their interest…
You see, apps give you a way to not only allow you to better manage your pumps, but also allow your pumps to better manage themselves.
Think of an oil field application as a policy against:
Under Production From Your Wells: An App Will Organize Your Guys And Transform Pumping From An Art To A Science. (Actually, each gauge has its own production decline curve display for each well on its iPad on site, in the field.) Simply put, an app can make it possible for your guys to switch from “putting out fires” to concentrating instead on preventative maintenance.
Delayed response times: An app will notify your pumper and your office of recent issues in the field, allowing your workers to prioritize their time and attend to what needs to be attended to (while ignoring the rest). Read: There is a lot of information coming from the oil field…you will only be told the important stuff.
Human Error: A petroleum production software application provides your pumpers, as well as your company, structured and prioritized production details from which to take actionable steps to fix any issues that might otherwise go undetected (or! forgotten!).
The disparity in the “pumping experience” between your users may be a thing of the past. With the right app, every last one of your pumpers (even those “green” pumpers who only have 1-2 years of field knowledge), will be able to make production decisions like a 20-year oilfield expert.