Drives and Control Solutions

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April 22, 2022

 

DCS EZOps Announces Second Release of Augmented Intelligence Platofrom for Oil and Gas 1 400

EZ Ops, the provider of oil and gas operations software that identifies top priorities to produce the cleanest and most profitable hydrocarbons in the world, has announced the second release of its augmented intelligence operations platform with new capabilities for dynamic routing and day scheduling. 

EZ Ops latest platform release helps operators efficiently plan their daily schedule in under three minutes with certainty they are doing highest value work during their shift, with the least drive time and lowest greenhouse gas emissions. Intelligent schedules and routing draw on algorithms that compute millions of internal and external data including production data, inspection schedules, shift duration, temperature, commodity prices, chemical costs and location data. Beta testing of the newly released feature has begun with customers and will continue over the next several months.

EZ Ops new dynamic routing and scheduling equips upstream oil and gas companies to:

  • •Equip operations teams with intelligent suggested schedules to optimize production based on their start and end location for the day, shift duration and form of transportation such as truck or helicopter
  • •Enable field teams to instantly toggle their route between Production-as-Priority Route  which looks at highest possible impact on production, or the Fuel-Efficient Route, which optimizes production impact with the least travel time and greenhouse gas emissions.

DCS EZOps Announces Second Release of Augmented Intelligence Platofrom for Oil and Gas 2 400

“This latest release of our new platform equips operations teams with dynamic routing and schedule optimization to complete the highest value activities in the field each day,” explained Brandon Ambrose, CEO and Founder of EZ Ops. “Decisions in the field have become highly complex with operations teams needing to juggle production, compliance and cost management goals. With more data coming at them every day, operators need intelligent scheduling and route guidance to make the best use of their time, consistently.” 

This latest release is part of the ongoing development of the new oil and gas operations platform. Beta customers include many of Canada’s most efficient and profitable producers. 

“The new dynamic routing capabilities gives operations teams the confidence to do the highest value work at the right locations during each shift, without the cognitive overload of computing millions of variables,” explained Nic Lefebvre, Chief Product Officer and Co-founder. “This release is especially valuable to oil and gas companies right now as lean operations teams are being asked to do more at more assets.”

EZ Ops vision is to provide an intelligence platform for operational excellence that becomes an advantage for North America’s producers, with technology that optimizes and informs the best decisions for asset performance. Development continues to run through to 2023.

In June 2021, EZ Ops announced it received $1 million in investment from the Alberta Innovates Clean Resources program to build out a data-driven prioritization engine that draws on AI and machine learning to guide oilfield workers in taking the best action each day to produce the cleanest and most profitable hydrocarbons in the world.

DCS EZOps Announces Second Release of Augmented Intelligence Platofrom for Oil and Gas 3 400

For more information on the augmented intelligence platform or to participate in the customer advisory group, please click here

 

 


Editor's Pick: Featured Article


DCS HELUKABEL Critical Keys to Selecting Right Cable Manufacturer 1 400

As we began 2022, global material shortages and rapidly increasing costs have now become the new reality. The types of materials that have suddenly become difficult to procure are wide-ranging and include computer chips for automotive manufacturing, wood for new construction, and electrical components – just to name a few.

These shortages have created great uncertainty, which is reflected in a recent poll of contractors in the U.S. by the Chamber of Commerce. They reported:

  • •83% are experiencing product delays.
  • •71% are struggling to meet schedule requirements.
  • •68% are experiencing delays expected into 2023.
  • •58% are putting in higher bids on projects.
  • •53% are saying major project shutdowns/delays are a top concern.
  • •41% are saying material shortages continue.
  • •39% are turning down work opportunities.

One of the major material components that affect the cost and availability of wire and cable is copper. This widely used metal, which traditionally has been a volatile commodity, has been steadily increasing in price, which is due to several supply and demand issues.

Read more


 

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Omron Whitepaper - MVRC: Mark, Verify, Read and Communicate

Utopias are common in fiction, from Plato’s The Republic to The Federation in Star Trek. For manufacturers, a world without unplanned downtime would be the perfect utopia. The question is, is abolishing unplanned downtime a far-fetched dream, or is it closer than we think? Here, Jonathan Wilkins, marketing director of obsolete industrial equipment supplier, EU Automation shares his vision for a downtime free age.

According to research by Oneserve, machine downtime is costing British manufacturers over £180 billion a year. Unplanned downtime halts production, but can also lead to wasted raw materials or damage to the system itself – amplifying the cost beyond loss of production. Further research conducted by GE Digital found that 70 per cent of companies lack full awareness of when equipment is due for maintenance, upgrade or repair..

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