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State Oil Company of Azerbaijan digitizes information on oil and gas wells in corporate database

Oil&Gas Materials 9 April 2021 19:29 (UTC +04:00)
State Oil Company of Azerbaijan digitizes information on oil and gas wells in corporate database

BAKU, Azerbaijan, Apr. 9

By Fidan Babayeva - Trend:

The corporate database of the State Oil Company of Azerbaijan (SOCAR) has digitized the information on almost 50 percent of 44,000 wells, Trend reports with reference to SOCAR.

"SOCAR has been successfully creating a corporate digital management platform, combined with the automation of business processes for more than 10 years," the company said.

"This process currently covers all main areas of activity," the company said. "There is the digitized information about almost 50 percent of 44,000 wells drilled in Azerbaijan over the past 175 years, in operation and decommissioned, in the corporate database of the oil company."

Specialists can build a reservoir model by using interpretation software via this database.

"By monitoring the drilling process in real-time, it is possible to obtain the desired well depth, pressure, volume of pumped raw materials, and other drilling parameters," the company said. "Digital systems are also used in other areas such as oil and gas production, gas processing and transportation, operations management by using digital models, the ability to control various devices in real-time. Video surveillance equipment installed on ships and other production facilities allows regular visual monitoring of the situation, ensuring more effective management of possible emergency situations."

The opening ceremony of the Visualization Center designed to manage production operations from a single digital center was held in SOCAR Tower in Azerbaijan’s Baku city on April 9.

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