Applying a Sound Methodology to Oil and Gas Projects

July 6, 2015 Audubon Companies

From offshore to onshore, from upstream to downstream, and from exploration to decommission, processes make up the heart and soul of oil and gas activities. Proposals, inspections, designs, constructions, and operations all incorporate processes. They in turn must use best business practices and available technologies to ensure quality, safety, and environmental responsibility at every step. Without such detail, processes break down: inefficiencies appear, lives are endangered, and ecosystems are put at risk.

As such, sound methodologies are required. Audubon Engineering Solutions uses its own proprietary methodology, PIERS, to more effectively manage the project selection process. This methodology  is used to better guarantee desired outcomes, improve projections, and assure project success.

The PIERS selection process is broken down into four focused steps: plan, identify, evaluate, and “rank and select.” First, Audubon Engineering Solutions recognizes proper planning is vital to any project. During the planning phase, goals and operational assumptions are determined, data is gathered, and preliminary designs are discussed within the framework of the goals and assumptions. Second, the parameters of the various systems are determined based on operational and regulatory requirements, and more specific design options are identified that can meet or exceed project goals and budget requirements. Third, the options are evaluated using a variety of tools, including simulation software, to further identify risks, bottlenecks, and inefficiencies. Finally, the best options are presented to the stakeholder for final selection and approval.

However, the focus on an outstanding methodology doesn’t end at project approval. Audubon Engineering Solutions uses the PACE Management System to ensure project tasks like construction and deployment are done in a timely, safe, and budget-friendly fashion. This project management philosophy incorporates not only an impressive internal knowledge base but also the knowledge of vendors and other stakeholders. As technologies advance and regulations change, new information is incorporated into PACE strategies to ensure continuous improvement along all stages of the project. Ultimately, clients realize both short- and long-term tangible results through a well-designed project plan.

The post Applying a Sound Methodology to Oil and Gas Projects appeared first on Audubon Companies | Engineering, Field, Pipeline, Onshore and Offshore Solutions.

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