OG117CU - Digitizing Field Operations at Pioneer to Enhance Production Throughput and Overall Performance
Pioneer Natural Resources is a large independent oil and gas exploration and production company. They are among the top five developers of oil-rich shale in the Permian basin, producing about 288,000 barrels of oil equivalents per day (BOEPD). Pioneer must leverage innovation and emerging technologies to find new approaches to operate oil fields that result in increased oil production and improved asset life. This session will detail a practical implementation of industrial IoT technologies, involving real-time data from thousands of sensors located on a site in Midland, Texas with 30 wells. Pioneer is using the ThingWorx platform to rapidly deploy a smart connected field operations solution designed to help personnel transition from reactive to proactive mode. This will have a direct impact on increasing overall oil production and extending the useful life of surface facility equipment.