Yohanneti RWH, ST, MM, CRP’s Post

#OperationPlanning #OperationEngineering #OilandGas #RiskManagement #AssetManagement #NonBusinessDevelopment What strategies do you use to prioritize capital investments in aging facilities and depleted reservoirs? Effectively overseeing capital investment and operational expenses in mature facilities and depleted reservoirs is crucial for optimizing returns, extending asset life, mitigating risks, optimizing production, ensuring cost efficiency, promoting sustainability, and maintaining compliance with regulatory requirements. Here is my experience in dealing with those activities: *Maximizing return by analyzing the production performance of aging facilities and depleted reservoirs to understand their declining production rates and operating envelope of the system, besides higher operating costs, to identify the opportunities for optimizing production efficiency, which may involve optimizing well interventions, and improving reservoir management strategies; to conduct cost-benefit analyses to determine the most effective capital investment projects that will yield the highest returns. *Prolonging Asset Lifespan: By strategically allocating capital investment, operators can extend the life of aging facilities and depleted reservoirs. This includes investing in maintenance, repair, and refurbishment projects to ensure the continued operation of assets beyond their original design life. *Risk Mitigation: Aging facilities and depleted reservoirs pose unique risks, including increased equipment failures, safety hazards, and environmental liabilities. Proper management of capital investment and operational costs helps mitigate these risks by ensuring assets remain in compliance with regulatory standards and industry best practices. *Cost Efficiency: Aging facilities and depleted reservoirs typically demand more maintenance and operational expenditures than recently developed assets. Efficient management of capital investment and operational costs helps reduce expenses while ensuring operational reliability and safety standards are observed. In my role, I have focused on optimizing capital investment and controlling operational expenses to ensure the economic viability and safety of aging facilities and mature reservoirs such as Detailed Assessment and Planning, Cost-Benefit Analysis, Energy Efficiency Initiatives, Risk Management and Compliance, Innovative Technology Integration, Stakeholder Communication and Coordination. 24JUNJKT

Why HSSE Programs are critical as part of non-business development programs in the upstream oil and gas industry? For many reasons, the HSSE Program as part of NBD project categories is focused on ensuring the sustainability, efficiency, and social license to operate for oil and gas companies, ultimately supporting the long-term success and reputation. HSSE programs are designed to protect the health and safety of workers involved in exploration, drilling, and production activities which are inherently hazardous.  By implementing rigorous safety standards and training, companies can significantly reduce workplace accidents and injuries. Upstream activities, such as drilling and production, can have significant environmental impacts. HSSE programs help prevent oil spills, gas leaks, and other environmental incidents that can cause severe ecological damage. These programs such as allocating capital investment for additional safety systems integrated into the shutdown systems and hardware systems installed in the field and some operational costs for spare parts/safety standby availability due to maintenance activities. HSSE programs include measures to protect personnel and assets from security threats, such as theft, sabotage, or terrorism. In these programs, ensuring the fence as the boundary of the production facility, the CCTV availability, the security contract agreement, etc. HSSE programs demonstrate a company’s commitment to responsible operations, and building trust with local communities, governments, investors, and other stakeholders. Proactive HSSE measures reduce the likelihood of incidents that can cause operational disruptions, thus maintaining continuous production and reducing downtime costs. HSSE programs are integral to the identification, assessment, and mitigation of risks associated with upstream activities. Effective HSSE programs ensure that companies are well-prepared to handle emergencies, minimizing the impact of incidents and facilitating quick recovery. On the other hand, as government programs, focus shifts towards sustainability and lower carbon emissions, having robust HSSE programs helps companies remain competitive. #RiskManagement #Non-Business Development #HSSE

Why Risk Management is Important? Risk management is crucial in the upstream oil and gas business for many reasons, reflecting high stakes, complexity, and potential impacts associated with exploration, drilling, and production activities. Business development in the upstream oil and gas sector primarily aims to increase revenue, and production through various strategic initiatives such as exploration & discovery, acquisitions & partnerships, field development, technology & innovation, market expansion. Whilst, non-business development focuses on maintaining and optimizing existing facilities and operations to ensure safety, efficiency, and reputation. The Non-Business Development project categories are asset integrity & maintenance, HSSE, Operational efficiency, regulatory compliance, reputation management, and risk management (incident prevention and crisis management). In both BD and NBD context, risk management is essential for protecting investment, maintain operation efficiency (preventing delays, optimizing process, ensure technology integration), ensure compliance, 3financial stabilization, build stakeholders confidence, safeguarding reputation. Those can enhance the resilience, achieve objectives strategies, and ensure long term growth. #RiskManagement #BusinessDevelopment #NonBusinessDevelopment #OperationalExcellenceandCompliance

#oilandgasindustry #processsafetymanagement #assetmanagement #portfoliomanagement #riskmanagement #processsafety As a result of the company's restructuring, two primary functions are linked to process safety. The duties of process safety design and process safety assurance encompass unique responsibilities in the realm of process safety engineering. Both roles play a vital role in safeguarding the integrity of Oil and Gas processes and averting incidents that could jeopardize safety. Process Safety Design (PSD) primarily involves ensuring that safety considerations are integrated into the initial design phase of a project. In these roles, identifying and assessing potential hazards and risks associated with the design of processes, equipment, and facilities. PSD has another role by developing and implementing engineering controls and safeguards to mitigate identified hazards and incorporating inherent safety principles into the design to minimize reliance on additional safety systems. PSD has a role to ensure that the design complies with relevant safety standards, codes, and regulatory requirements. Thus, PSD has to develop and maintain process safety information including documentation of hazards and safety features, collaborating with various engineering disciplines to integrate safety measures seamlessly into the overall project design, and participating in design reviews to assess and enhance the safety aspects of the project. Process safety design must focus on generating documentation for safety features, conducting risk assessments, and outlining safety specifications, establishing components of process safety management to ensure continuous safety during operations. Process Safety Assurance (PSA) involves continuous monitoring of the operational phase to ensure the safety measures are functioning as intended. Evaluating the performance of safety systems and controls to identify any deviations or failures. PSA has another role in conducting periodic safety audits to assess the effectiveness of safety measures and identify areas for improvement, participating in and facilitating process hazards analyses to review and update safety assessments. PSA conduct investigation for incidents and accidents to identify root causes and contributing factors, implement corrective actions and give recommendations resulting from incident investigations to prevent recurrence. PSA has to ensure that personnel are adequately trained in safety procedures and are aware of potential hazards, fostering a safety-conscious culture within the organization through education and awareness initiatives. Last, PSA has to ensure the emergency response plans are in place and regularly tested, coordinating responses to emergencies and crises to minimize the impact on safety. Marriott_201223

#oilandgasindustry #processsafetymanagement #assetmanagement #portfolioasset #riskmanagement When a company undergoes restructuring, several changes may occur, and the specific outcomes can vary depending on the goals and strategies behind the restructuring. There are some common consequences of a company undergoing restructuring such as: 1. Job roles and responsibilities may be redefined, leading to changes in reporting structures and team compositions. Some positions may be created to address new business needs. 2. Efforts to optimize costs may lead to changes in budget allocations, reduction of non-essential expenses, or modifications to compensation and benefits. 3. Business units may be consolidated or divided to enhance efficiency or focus on core competencies 4. Restructuring may result in a shift in the company’s overall business strategy and resources may be redirected towards areas identified for growth and innovation. 5. The company may adopt new technologies to enhance efficiency and competitiveness. Operational processes may be redesigned to improve productivity, quality, and customer satisfaction. 6. Effective communication plans are crucial during restructuring to inform about changes, address concerns, and maintain morale. It's crucial to emphasize that the success of restructuring initiatives hinges on thorough planning, clear communication, and effective execution. Due to the company's reorganization, two key responsibilities are associated with process safety. The roles of process safety design and process safety assurance involve distinct responsibilities within the field of process safety engineering. Process safety design (PSD) focuses on embedding safety considerations into the initial design phase, while process safety assurance (PSA) involves ongoing monitoring, assessment, and improvement of safety measures during the operational phase. Both roles are crucial for ensuring the integrity of Oil and Gas processes and preventing incidents that could compromises safety. #### part-1###

#oilandgasindustry #portfoliomanagement #processsafety #processsafetymanagement #assetintegritymanagement #chemicalengineerjobs #portfoliooptimization #riskmanagement #economicgrowth #assetmanagement Part-1 Recently, a friend inquired about my role as a process safety engineer and questioned my involvement in the discussion of the oil and gas company’s portfolio assets and economic reserves. Indeed, the correlation with process safety activities becomes apparent during conversations and discussions regarding the company's asset portfolio. Something interesting is that not everyone understands the crucial role of a process safety engineer, and even more fascinating is the ability of a process safety engineer to be involved in mapping the portfolio assets of a company. In the context of the oil and gas industry, a portfolio asset refers to a collection of various assets owned and operated by an oil and gas company. These assets can include exploration and production facilities, refineries, pipelines, storage tanks, and other infrastructure that contribute to the company's overall business operations. A portfolio asset encompasses a diverse range of facilities and projects that collectively make up the company's investment and operational portfolio. Process safety engineers have a special and crucial role in managing and overseeing the safety aspects of these portfolio assets. §Sophisticated Processes of Operations Oil and gas facilities involve complex processes, often dealing with hazardous materials and high-pressure systems. Process safety engineers specialize in understanding and managing these complexities to ensure safe operations. § Risk Management Process safety engineers are trained to identify, assess, and manage risks associated with the various processes within the oil and gas industry. This is essential for preventing incidents, protecting personnel, and safeguarding the environment. § Conformity to regulations The oil and gas sector is governed by rigorous safety regulations and standards. Process safety engineers play a crucial role in ensuring that portfolio assets conform to these regulations, assisting companies in sidestepping legal and financial consequences. wait for next part-2****%% 😉

#TaskForce3 #explorationdrilling #exploitation #productionplanning #explorationandproduction #exploitationandproduction #businessprocessmanagement #oilandgasindustry The exploitation phase and operation phase in the oil and gas industry are distinct stages in the lifecycle of a hydrocarbon reservoir, each serving aspecific purpose. These phases do not occur simultaneously for several reasons such as: 1. Exploration and Exploitation Focus on Specific Goals The exploration Phase involves the search for potential hydrocarbon reserves through geological and geophysical studies, Exploration wells are drilled to confirm the presence of oil and gas. Exploitation Phase: once a viable reserve is discovered, the exploitation phase begins. The focuses on the development and extraction of Hydrocarbons from the reservoir, typically through drilling production wells. 2.  Consecutive Nature The exploration and exploitation phases are inherently sequential on which the first step is to discover a commercially viable reserve (exploration phase) and only at that point does it become logical to proceed with the development and production activities (exploitation phase) 3. Assurance of resources The exploration phase determines the size, composition, and economic viability of the hydrocarbon reserve. The planning and commencement of full-scale production operations hinge on knowing this information. 4. Evaluation and Planning of Resources The natural time gap between exploration and exploitation is a consequence of the processes involved in assessing discovered resources, obtaining regulatory approvals, designing facilities, and planning operations. 5. Infrastructure Development: The installation of vital production infrastructure, encompassing drilling rigs, pipelines, and processing facilities, is a time-intensive process that unfolds during the exploitation phase. This infrastructure is crucial for extracting and transporting hydrocarbons. To put it briefly, the exploration phase precedes the exploitation phase in the systematic process of discovering and evaluating hydrocarbon reserves. When a viable reserve is confirmed, the exploitation phase initiates, involving the creation and operation of facilities for oil or gas extraction and production. The sequential progression of these phases is an inherent aspect of the oil and gas industry's structured approach to resource exploration and development.

#TaskForce In the course of our conceptual task force initiative, within the exploitation phase, we are confronted with the challenge of designing production facilities tailored to accommodate the distinctive characteristics of crude oil characterized by elevated asphaltene and wax content. The presence of asphaltenes in crude oil poses significant challenges during the exploitation phase of oil and gas production. Asphaltenes, high molecular weight hydrocarbons, can lead to precipitation, fouling, and deposition issues throughout the production process, impacting equipment integrity and overall system efficiency. The key challenges associated with asphaltenes in the exploitation phase and explores innovative solutions to mitigate their adverse effects. The exploitation phase involves the extraction, transportation, and processing of crude oil from reservoirs to production facilities. Asphaltenes-related challenges emerge during various stages, including reservoir conditions, wellbore dynamics, and surface facilities. Understanding the factors influencing asphaltene behavior is crucial for devising effective mitigation strategies. This review delves into the mechanisms of asphaltene precipitation and deposition, examining how reservoir conditions, temperature, pressure, and fluid composition contribute to asphaltene-related issues. The impact on well productivity, flow assurance, and equipment integrity is assessed, emphasizing the need for tailored solutions. In addressing these challenges, we are trying to explore innovative technologies and practices, including chemical inhibitors, solvent-based treatments, and nanotechnology applications. Chemical inhibition aims to prevent asphaltene agglomeration and deposition, while solvent-based treatments focus on dissolving or dispersing asphaltenes. Nanotechnology applications present emerging opportunities to modify asphaltene behavior at the molecular level. In addition, the importance of reservoir modeling and simulation for predicting asphaltene-related challenges, allowing for proactive management strategies. Case studies and industry best practices are analyzed to showcase successful implementations of asphaltene mitigation techniques. Process safety design for handling crude oil with high asphaltene content involves implementing measures and strategies to mitigate the risks associated with asphaltenes during various stages of production, processing, and transportation. Asphaltenes pose challenges such as precipitation, fouling, and deposition, which can lead to operational issues and safety hazards.