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Digitally transforming the Oil & Gas industry with IIoT & AI

Falling oil prices has recently put significant pressure on profit margins in the Oil & Gas industry. Despite that, Oil & Gas companies continue to invest billions of dollars in physical assets to keep their value chain productive.

From upstream production operations to downstream refinery operations, there is significant room for operational improvement in the Oil & Gas industry. Currently, less than 10% of the data generated by equipment, processes and systems are used in operational optimization.  Knowledge is power, and in this case, would drastically increase operational improvement.

That’s where we step in.

Though simulation and optimization techniques have been applied to chemical processes for quite some time, the last decade has not seen much improvement in operational efficiency in chemical plants. We’re here to change that and bring chemical plants to the forefront of modernization.

We can bring step function improvements in equipment utilization and overall process and operational efficiency using: plant data, asset data and operational data. Advanced capabilities in capturing, storing, processing, and analyzing together with the use of advanced machine learning algorithms predict and prescribe actions for each data set.

Real Time Monitoring

Know the condition of your equipment at anytime, anywhere

Our proprietary AI & IIoT solutions predict failures, can improve availability of equipment, and more. Schedule a demo to learn more about how we can ensure your equipment utilization is optimized.

Improved performance

Know what your assets are capable of.

Our proprietary AI & IIoT solutions save you time by suggestion actions that increase performance conditions and the availability of  predict failures, can improve availability of equipment, and so much more

Schedule a demo to learn more about how we can ensure your equipment performance is maximized.

Quantifiable value

Data-driven decisions from the get go.

With the wealth of information provided instantly, educated decisions can be made right when they are needed. Know your assets and know your capability. Symphony AI’s IIOT & AI operational excellence solutions provide support, allowing your business to lead.

Schedule a demo to learn more about how we can support your operations.

Case Study: Oil & Gas Refinery

Situation

Pumps contribute 75%-85% of the equipment energy consumption in a Texas Oil & gas refinery.

Current tools prevent reducing energy consumption while maintaining optimal pump performance.

Solution

Automatic, advanced prediction of pump performance deterioration using Machine learning algorithm.

Results

5% reduction in Energy Consumption Prediction of anomalous pump behavior weeks (instead of hours or days) ahead.

 

“While Oil and Gas companies already collect an abundance of real-time data across their operations, this data is still not being used to its fullest potential to predict equipment problems and failures.”

Accenture report

Azima monitors Oil and Gas assets including:

  • Air compressors
  • Oil pipeline pumps (export pumps)
  • Oil Booster Pumps
  • Heat Media Pumps (used to heat crude oil so that it flows easier)
  • Reciprocating Compressors
  • Vapor Recovery Compressors
  • Boost Gas Compressors
  • Reciprocating Engines
  • Cooler Fans on some of the Platforms
  • Multiple other support pumps
  • Ballast/bilge pumps
  • Water makers (RO units)
  • Electric Motors
  • Electric Switchgear

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