FutureOn, the software company specialising in the energy sector, has designed a tool, FieldTwin Design 6.0, for the next-generation energy engineer that will impact project economics across the full lifecycle
FieldTwin Design 6.0, previously FieldAP, provides oil and gas, offshore renewables and emerging sectors with the muscle of unrivalled spatial representation, intuitive navigability and meaningful, data-rich intelligence from concept through to decommissioning.
Proven benefits of the expanded and upgraded FutureOn digital planning concept, built over several years as an indispensable energy industry tool, are significant across field design, well planning, pipeline engineering and beyond.
These benefits include improved efficiencies when planning new assets, maintenance and modifications; reduced costs compared with traditional design approaches; and visibility at the earliest project stages, minimising the need for late-phase revision, redrafting and/or correction.
Maximum opportunity, tight margins
For operators working in this constrained environment, FutureOn believes that establishing a detailed, early and comprehensive understanding across all project parameters, and maintaining that position over the entire lifecycle, is crucial to success.
FieldTwin Design offers users the tools required to access the right information, to leverage that data to specific ends, and the experience to enable optimal results.
Building blocks of success
FieldTwin Design 6.0 offers a powerful new 3D engine, feature-rich user interface and industry leading data/metadata integration. The result is a cutting-edge yet proven design and digital twin package that is easier, cleaner and more responsive to use.
FutureOn’s technology has been proven on client projects to reduce planning and design time by up to 80%, whilst reducing FEED and EPC (Engineering, Procurement, and Construction) time, which has led to savings of between one and two years from discovery to first oil.
Jostein Lien, senior vice- president of Products at FutureOn, said, “FieldTwin Design 6.0, previously FieldAP, is a multi-functional and intuitive product that features more muscle, more heart and a bigger brain.”
“From initial concept through to operations and decommissioning, our design and digital twin package will help to speed savings and minimise time to first oil while providing increased control and encouraging maximum collaboration from the earliest stage, ” Lien concluded.