Intelligent Digital Chemical Management system improves Oilfield production
VERITRAX™ is an industry changing, innovative fusion of hardware and software, crafted into a single holistic solution, developed by Clariant Oil Services, that adds value to your operations by improving operational efficiencies, increasing the velocity of business processes, and boosting production up-time through intelligent chemical management in real-time.
Turning data into actionable information is key to maintain production and improve operational efficiency and reliability. In the dynamic world of oil and gas production, decisions must be made quickly where access to real time information is business critical. VERITRAX Analytics works behind the scenes to collate and integrate key process parameters and analytical data obtained from field sensors, field service activities and the laboratory. The data is gathered in digital form and pulled simultaneously from multiple geographic locations as it occurs 24/7. After processing, data is presented to the E&P operator in a clean and clear, graphical interface that allows the immediate understanding of the current state of their chemical program. This provides a new level of transparency into field operations and their effectiveness while guiding decision-making to right size the chemical injection dosage or its timings, quickly identify problems, and trends. With ongoing cooperation between the chemical supplier and the E&P operator, the VERITRAX™ Dashboard quantifies the optimum chemical spend, reduces unplanned downtime, while proactively maintaining operational efficiency.
Operators and chemical suppliers have traditionally faced high costs in supporting remotely located wells with frequent visits fielded by human capital. These routine activities to well sites in remote areas across widespread locations increase the operational risk of driver safety and potential environmental impact when frequently transporting chemicals to have available "just in case." This cost can be even higher in stripper fields where small volumes of chemicals are required at several hundred to several thousand locations. VERITRAX Delivery integrates Global Positioning System (GPS) and wireless telemetry capability to each well or field chemical storage location. Field tank level devices and control system constantly monitor chemical levels and pump health, alerting service personnel of problems and when tanks need to be optimally refilled. Connected on the backend to SAP enterprise management system for automatic invoice creation, VERITRAX Delivery adds value by eliminating the need for a manual paper-based system, potentially reducing total operating costs and increasing operational efficiency, while improving the quality assurance of the operator’s chemical program.
Contact our expert team for more information on how VERITRAX can improve your oilfield chemical management system.
Head of Global Digital Strategy - Clariant Oil Services