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A Model In Real Time: How ENI Built A Digital Oil Field Using The PI System
Headquartered in Rome, Eni S.p.A. identifies and extracts oil and gas across 79 countries. Given the volatility of the oil and gas market, Eni’s long-term success hinges on the combination of optimizing a network of upstream assets while locating new extraction opportunities. To do so, Eni engineers were using operational data to monitor upstream assets; however, information was not available in real-time. Not only did this cause delays in analysis, it prevented the team from capitalizing on new revenue streams. With the goal of creating new efficiencies in production by finding optimal asset parameters, Eni turned to the PI System. Leveraging data to feed simulation models representing real-time oil field conditions, Eni embarked on a journey to optimize asset configuration and maximize oil production across sites.