Real Time Operations

Epsis Business Advisory is specialized in assisting operators to improve operational effectiveness by the optimal use of Real Time Operations.

Using our “Real Time Operations Assessment Methodology” we analyze the organization, technology and processes holistically. Depending on the project, this may start with a root cause analysis of drilling and/or production upsets, and range from defining the Real Time Data to be collected, over data management and integration to improved collaborative operating models and performance management.

We can demonstrate that our methodology has helped our clients to achieve improvements in the 100 million range.

Integrated Operations (IO) Strategy

Epsis has specialized in assisting operators in designing, implementing and executing IO strategies.

Through our IO methodology framework, we are supporting operators and suppliers to develop strategies that deliver major performance improvements through integration of people, processes and technology. The strategies create value by enhancing collaboration and decision making across functions and locations, driven by automation and real time data. Improved access and visualization in integrated collaborative work environments help organizations make faster and better decisions. Through applications of standardized, proven technology, development of appropriate (workflow) processes, emphasis on LEAN and minimal organizational set-ups and new ways of working we are improving the efficiency of operations.

In collaboration with our customers, we have contributed to continuous performance improvements and best-in-class results for safe and cost effective operations through improved safety performance, increased production, maximized hydrocarbon recovery as well as CAPEC and OPEX reductions, both for Brown Field operations and in Green Field projects.

Concurrent Design

Epsis defines Concurrent Design as a structured methodology for multidisciplinary teamwork in projects where tasks are performed in parallel rather than sequentially. Central to the work method are well prepared work sessions, where decisions are taken and progress created.

Epsis Business Advisory has supported a wide range of customers in various industries implementing this methodology. Our advisors give courses and training for teams and facilitators; establish plans for concurrent work sessions, advice on establishing dedicated work arenas, facilitate work sessions and lead methodology implementation projects.

The results of implementing Concurrent Design (also known as Lean Construction and Design, Concurrent Method, Concurrent Engineering or “Samtidig Plan og Prosjektering”) are higher quality and innovation in the project, higher efficiency and utilization of staff, increased learning – and of course, it is fun!

Greenfield Development

Development of a new oil and gas field is a unique opportunity to design for future oriented operating models that are robust even at low oil prices. Over the last years Epsis Business Advisory has acquired substantial experience from assisting operators in greenfield development projects.

Integrated Operations (IO) is a key enabler for reducing both CAPEX and OPEX, and a strategy for this should be included already in the earliest phases of the Project Development Process. IO enables innovative development concepts and operating models with low, or no permanent offshore manning, optimized plant availability through condition based / predictive maintenance, and optimized production. Operating models are based on application of new technology and collaboration across geographic and organizational boundaries. Due to the long time horizon of Field Development it is important to make the solutions “future proof” with regards to the rapid development within information and communication technology.

Epsis Business Advisory offers a unique methodology, developed through experience, for assisting the Operators in including IO at the appropriate level of detail for each phase of the Field Development.