Matrikon delivers real-time digital oil field solution to Statoil

€4.2 million deal sees deployment of well performance, equipment condition monitoring.

Statoil has selected Matrikon’s real-time visualization solution for well and production facilities on the Norwegian continental shelf. Project value is estimated at €4.2 million. The real-time visualization solution is based on Matrikon’s Well Performance Monitor, Equipment Condition Monitor and Operator Logbook applications. Ian Brown, Matrikon’s EAME VP said, ‘This win demonstrates that our solution can take the digital oil field to the next level, integrating workflows across engineering, maintenance and management.’

Matrikon’s Well Performance Monitor now runs on Matrikon’s new ‘Intuition’ platform, leveraging an ‘ontology model’ to add context to streaming industrial data.

The project also includes Matrikon’s Equipment Condition Monitor condition-based monitoring and maintenance and associated workflows. The first phase includes a two site pilot and is expected to be completed in December 2010 with the possibility of international expansion following successful implementation in Norway. More from

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