Subsea Field Configurator
The rapid growth of the offshore oil and gas industry has underscored the importance of efficient and cost-effective subsea field configuration simulation at very early stages of subsea oil and gas field development projects. Traditional methods, often hampered by slow and manual processes using basic tools like Excel, have proven inadequate for the complexities of modern field development.
Virtual simulation has emerged as a critical solution, with iDG10's Subsea Field Configurator (SFC) software leading the way. By consolidating data into a centralized database and integrating advanced simulation tools, SFC enables the creation and comparison of multiple subsea field configurations at the conceptual phase, allowing for real-time feasibility checks and detailed cost analysis. This approach empowers decision-makers to select the most viable and cost-effective configurations, streamlining development and enhancing project outcomes.
Our solution
Need for SFC
The design of subsea configurations is a complex and tedious process due to multiple system interactions, including equipment selection across all phases (engineering, procurement, manufacturing, installation, and commissioning) and cost considerations. A significant number of management and engineering hours are spent selecting a cost-effective subsea field configuration from the Front-End Engineering Design (FEED) to detailed design stages.
Key challenges in selecting the right configuration:
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Complexity in design and selection
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High management and engineering hours
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Multiple system interactions
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Extensive cost considerations
There is a need to streamline the design process, enhance efficiency, and enable better decision-making to select the optimum configuration without incurring significant costs.
The SFC was created with the goal of digitizing and optimizing the engineering process. Our platform allows users to digitize the Subsea Field Configuration by creating multiple option files and utilizing the inbuilt subsea assembly database. It configures all parameters, including the components technical specifications and unit costs, fabrication, installation, and offshore construction work. This innovative tool provides a fast and effective layout along with the generation of automatic reports, streamlining the entire design process.
The digitized Subsea Field Configuration enables users to create a project-specific centralized database, providing seamless integration with pipeline design tools and allowing for the unidirectional flow of information. This integration enhances efficiency, accuracy, and decision-making, ultimately leading to more effective and economical subsea field development.
This tool is a significant advancement in subsea field development, offering a seamless and integrated solution for the industry's complex requirements.
Architecture of SFC
The Subsea Field Configurator (SFC) designs real-time subsea fields with all components integrated. It configures the subsea production system (SPS), umbilicals, rigid/flexible risers and flowlines in the desired layout, considering all involved costs i.e. procurement, fabrication, installation and offshore construction.
By enabling real-time design, the SFC ensures that all aspects of subsea field configuration are considered comprehensively. This approach allows for quick adjustments and optimizations, leading to better project outcomes. The automatic report generation feature further enhances efficiency by providing detailed documentation and analysis, which are crucial for project planning and execution.
The SFC's ability to create and analyze multiple scenarios facilitates informed decision-making, ensuring that the most cost-effective and technically sound subsea field configuration is selected.
Project cost assessment is crucial for estimating costs and budgeting while applying cost control from the project start to end for all components, material procurement, and other operations. It identifies, collects, and classifies project costs, providing managers with the necessary data to plan, control, and make decisions to keep costs within desirable limits.
By systematically evaluating each aspect of the project, cost assessment provides a comprehensive view of the financial requirements and potential risks. This process includes:
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Estimating Costs: Accurately predicting the expenses associated with each phase of the project, including materials, labor, equipment, and overheads. This step is fundamental for setting realistic budgets.
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Budgeting: Developing a detailed financial plan that outlines how much money is allocated to each component of the project. This budget serves as a baseline for tracking actual expenditures against planned costs.
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Cost Control: Implementing measures to monitor and manage costs throughout the project lifecycle. This involves regular cost reporting, variance analysis, and corrective actions to address any deviations from the budget.
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Decision Support: Providing managers with timely and accurate cost information to make informed decisions. This includes evaluating different scenarios, assessing the impact of changes, and selecting the most cost-effective options.
By integrating these elements, project cost assessment ensures that projects are completed within budget, enhancing financial performance and contributing to the overall success of the business.