Sirte Oil Company (SOC) reported yesterday that it has started using smart oilfield technologies, aimed at more efficient management of all production processes through the flow of information at a high speed from wells to monitoring and control rooms.
SOC says this is the first use of such technology in the Libyan oil sector.
This technology provides an opportunity to improve and speed up appropriate decision-making, especially when used in vast fields such as the Zultan field, it explained.
It added that the technology saves time and effort, and the operator of these wells avoids many interventions and field visits to wells, which is positively reflected, directly or indirectly, on improving productivity, reducing operational costs, and managing human resources more effectively.
Speaking exclusively to Libya Herald, Mustafa Hammad, a member of the Board of Directors of SOC, said that the introduction of modern technologies and the digitization of oil fields has become imperative for the technological development used in many oil-producing countries.
He said this type of technology saves time and effort and helps to address problems in a comprehensive manner. It is fast and gives the ability to move flexibly and easily and helps to double production and reduces production costs, he added.
Referring to the company’s plans to generalise the use of digitisation in all SOC fields to reach the stage of smart fields that would raise greater efficiency and productivity in the shortest possible time, which raises the company’s production in particular and Libya’s production of crude oil in general.