Up to £2 million is available to innovators in digital transformation and N. Sea decommissioning projects in the latest round of funding announced yesterday by Scotland’s Oil & Gas Technology Centre.
The Oil & Gas Technology Centre is a not-for-profit, industry-led, technology research and development organisation based in Aiberdeen.
Steve Roberts, Digital Transformation Solution Centre Advisor at the OGTC, explained:
“We’re looking for digital analytics approaches, such as machine learning, that can rapidly organise, distil, screen and assess data from oil and gas wells. Often held in different formats and of variable quality, the data could lead to new discoveries, help extend field life and maximise economic recovery.
“We believe that sophisticated analytics techniques, such as machine learning, could help identify remaining oil and gas accumulations and consequently impact the extent of life of nearby fields and maximise economic recovery in an area.
“There are significant volumes of industry data collected during oil and gas exploration and production, but they are often held in different formats and are of variable age and quality.
“A digital solution could extract key information from these difficult to analyse data sets and the results could be a key input to end of field life and area plan decisions.
“We are working closely with, and are supported by, the Oil and Gas Authority, Common Data Access and Norwegian Petroleum Directorate to make suitable data sets available for ideas to be tested.”
Susi Wiseman, Decommissioning Solution Centre Project Manager at the OGTC, explained:
“Companies in the oil and gas industry have identified recurring difficulties with life support systems in recent and current decommissioning programmes resulting in low flexibility, lost time, cost overruns and inconvenience to offshore teams.
“Alternative life support systems could help to significantly reduce the cost of decommissioning, and improve efficiency and productivity.”
“We’re looking for digital analytics approaches, such as machine learning, that can rapidly organise, distil, screen and assess data from oil and gas wells. Often held in different formats and of variable quality, the data could lead to new discoveries, help extend field life and maximise economic recovery.”
Submissions will be evaluated against a range of criteria including value creation, sound scientific principles, time, cost and risk reduction. Successful applicants will receive professional guidance, funding, and support to develop their ideas towards the next stage of development.
The deadline for bid submissions is 26 January 2018.
- A Middle East subsidiary of the Motive Offshore Group – which is based in Banffshire – has joined forces with Cutting Underwater Technologies to provide a range of diamond wire-cutting decommissioning equipment across the region from its Dubai depot.
15 Dec 2017