Tatneft Has Oil Reserves Sufficient for Two Centuries
The total oil reserves of Tatneft amount to 10.5 billion tonnes. At the current production level, the company’s resources are sufficient for more than 200 years.This was stated by Nail Maganov, General Director of the company, during a shareholders’ meeting. It was clarified that out of the total oil resources …
Bashneft Has Connected Over 8,000 Wells to Its Digital Oilfield System
Bashneft, a subsidiary of Rosneft Oil Company, has integrated 8,100 oil wells into its Digital Oilfield information system. This represents over 70 percent of the company’s total operational well stock in the Republic of Bashkortostan. The system’s advanced solutions—used for the first time at such scale in the oil and …
Oilmen Introduced an Innovative Management Model at a “Smart” Field in Ugra
Thanks to digitalization, the enterprise has increased the efficiency of decisions made. At the Vatyegan group of fields in the Khanty-Mansi Autonomous Okrug, the LUKOIL-Western Siberia company introduced an innovative model for managing hydrocarbon production based on integrated operations. This became possible thanks to the implementation of the “Intellectual Field” …
TMK Presented to Dmitry Medvedev a Project for the implementation of Digital Twins at STZ
Sergey Chikalov, Deputy General Director of the Pipe Metallurgical Company (TMK) for Scientific and Technical Development and Technical Sales, presented to the Deputy Chairman of the Security Council of the Russian Federation, Chairman of the Board of Trustees of the Skolkovo Foundation, Dmitry Medvedev, a project to introduce digital twins …
TMK Made a Profit of Half a Billion Rubles from the Implementation of Digital Twins
The Pipe Metallurgical Company (TMK) received about half a billion rubles of additional profit from the implementation of digital twins of rolling mills at the Volzhsky (VTZ) and Seversky (STZ) pipe plants. The economic effect was achieved by improving the quality of pipe products, producing pipes from new steel grades and …
DNV GL Launches Industry-First Recommended Practice on Quality Assurance of Oil and Gas Industry’s Digital Twins
DNV GL has published the oil and gas industry’s first recommended practice (RP) on how to build and quality-assure digital twins. Developed in collaboration with TechnipFMC, DNVGL-RP-A204: Qualification and assurance of digital twins sets a benchmark for the sector’s varying approaches to building and operating the technology. It guides industry …
DNV GL Leads Global Pilot to Secure Greater Trust in, and Value from, Oil and Gas Industry Digital Twins
DNV GL has issued an international call to oil and gas operators and the supply chain to pilot a methodology that will prove whether the data generated by digital twins can be trusted, and if the technology is delivering value. Companies manufacturing hardware across the oil and gas value chain …