Challenges posed by life-cycle management of an offshore asset, multidisciplinary systems engineering, and competing project objectives provide an opportunity for a new approach to maximize value. The objective of the complete paper is to introduce the operator’s intelligent Deepwater Advanced Solutions Hub (iDASH) approach, wherein various engineering tools are integrated strategically to improve decision quality.
Introduction
The complexities inherent in producing offshore oil and gas mean that creation of an optimal solution for all phases of the project life cycle is a serious challenge. Market research has suggested that the oil and gas industry could benefit from increased systems engineering with an approach that looks beyond first application, integrates requirements, and supports the identification of changes for new applications. The industry has been slow to adopt digitalization, with one of the lowest levels of digital maturity compared with other sectors.
For the purposes of this paper, offshore oil and gas development can be broken into four phases after a field is evaluated to be commercially viable: concept selection, definition and execution, operations, and decommissioning.
