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Industry4.0 / IIoT: Oil&Gas Upstream & The CPS/Digital Twin

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Oil & Gas is one of the most data and asset rich industries in the world, be that Wells, Rigs, Plants, Pipelines, Refineries, Tanks or Vessels. Keeping those assets running at peak performance and low cost is an essential part of the business.

In the upstream, each new Exploration & Production asset comes with numerous components and equipment from various suppliers. Once built, the operator has a good view of:

how the asset has been built
a system of how it will operate
an ERP system detailing what it'll cost to maintain, run & staff
a Maintenance program and team
and lastly a Finance system built for economic performance predictions
And then, there sits numerous layers of data and variables from Engineering content (diagrams, specs, configurations), to Physical constraints (operating capacities, throughputs, pressures) an overall of how it behaves, to Operating parameters (inputs energies, emissions), Financial costs ( to build and operate) and lastly Customer demand and weather patterns.

The challenge remains over how you keep them all in sync?