Upstream
The industry is facing challenges of meeting increased energy demand at lower cost with fewer emissions. Our digital solutions optimize the value chain from exploration to production to secure the world’s needs for sustainable and affordable energy for the future.
High costs and uncertainty in assessing the feasibility of new oil & gas exploration projects was a challenge for a major operator in the Caspian Sea region.
Learn how the company used AspenTech solutions to reduce the scope for new exploration wells significantly while maintaining the quality of production forecasts by focusing on the key uncertainties.
Ensure Energy Security
- Reduce geological risks for exploration, drilling and field development and optimize CAPEX up to 20%
- Ensure sustainable resource management from resource base and production perspectives
- Accelerate path to first oil
Increase Low-Carbon Energy
- Reduce carbon intensity with CCUS and lower project timetable by 50% and OPEX by 20%
- Increase natural gas production
- Improve energy efficiency and reduce emissions
Optimize Operational Efficiencies and Costs
- Enhance production in mature fields and ensure production stability and agility
- Decrease energy and water use
- Improve equipment reliability and reduce unnecessary or emergency maintenance activities
Optimize On-Site Generation and Storage
- Enhance power reliability
- Balance net-zero and operating cost goals
- Strengthen cybersecurity
Optimize Operational Excellence and Costs
- Increase production by 2-4%
- Reduce emissions, avoid shutdowns and save up to $60k/day
- Improve energy efficiency by 10%
Enhance Exploration and Production with Geoscience and Engineering Solutions
- Reduce risks and lower CAPEX up to 20%
- Unlock reservoir potential and improve oil recovery
- Optimize upstream production costs
Achieve Optimal Design and Operations across the Engineering Lifecycle
- Reduce CAPEX and OPEX
- Make progress toward sustainability goals
- Improve performance, process safety and time-to-market
Predict and Minimize the Impact of Equipment Downtime
- Reduce maintenance costs 20-30% per year
- Empower your reliability and maintenance teams
- Increase throughput 1-5%
Address Challenges to Drive Low-Risk CCUS Solutions at Scale
- Reduce 5-20% CAPEX and 15-30% OPEX
- Shorten project time by 20%
- Support permit applications and cut permitting time by 50%
On-Demand Webinar
In today's rapidly evolving industries with ever-changing dynamics, maintaining operational efficiency and reliability is crucial. Digitalization offers insights into facility capacities and...
White Paper
Upstream companies today must achieve operational excellence by reducing emissions and utility demands, improving production at existing assets and replacing and expanding reserves while exhibiting...
On-Demand Webinar
YPFB plays a vital role in the exportation of gas in South America. When production started to decline in two of Bolivia’s major natural gas fields, YPFB needed to overcome this challenge and still...
White Paper
Formation evaluation plays an essential role in helping decision makers locate and evaluate suitable geological formations for sustainable resource utilization, as well as predict and mitigate...
On-Demand Webinar
With more focus on sustainability, frequent changes in global gas markets and evolving processing technologies, gas plants are always looking to improve operations by accurately simulating and...
On-Demand Webinar
Advanced Process Control (APC) and optimization technologies have long been used to support downstream operations for oil & gas, petrochemical and chemical companies. Early adopters also deployed...
Executive Brief
To hold global warming within the range of the Paris Agreement goals, the world needs to reduce emissions by unprecedented volume—and at unparalleled speed. Ensuring a green future while continuing to...