Oil and gas companies must decrease equipment design time and reduce costs for development and production. And, while accelerating a new product introduction is vital in almost every industry, in the oil and gas sector the fluctuating nature of pricing, the high capital investment required to develop new fields and the competitive bidding system for new projects challenges conventional product development workflows. Technological innovation plays a critical role in driving capital and operational efficiency for equipment and processes that reduce time to first oil, construction costs, downtime and production bottlenecks. To get more from their investments in engineering and improve engineering productivity, organizations leverage engineering simulation to design durable and reliable equipment for maximum performance in the field. This is illustrated by two articles in this issue of ANSYS Advantage magazine.
China National Petroleum Corporation (CNPC), one of largest oil companies in the world, tried several methods to provide easy, economical and environmentally friendly access to muddy onshore drill sites. It found that the most effective involved placing base boxes — platforms that would support the heavy equipment required for drilling and transport — on the wet earth. However, the original base boxes had an expected life span of five years but were failing after two years. CNPC leveraged ANSYS structural software to design, test and create improved base boxes. They were able to complete designs that reduced weight by 40 percent with an expected life span of 15 years in only two weeks (versus the four months previously required). Find out more in the article Sure Footing for Onshore Drilling Sites.
When designing a wellhead, Singapore WEFIC Ocean Technologies Pte. Ltd. (WEFIC) wanted to develop a modular device to reduce installation time for suspended equipment that is lowered into the well at various times during the well’s life The company, which provides high-tech petroleum equipment and technical services for the oil field engineering industry, used ANSYS structural technology to design the lock ring for the wellhead. While engineers estimated that six months would be required to design the lock ring using build-and-test methods, they found it only required 10 weeks to the almost-final product using engineering simulation. They were able to bring the product to market much more quickly. Learn how they did this in Designing Modular Wellheads.
These are only two examples of how companies can apply engineering simulation to reduce design time and get reliable products to market faster. For more examples of how engineering simulation is being applied in this industry, read Gallery: Oil and Gas Industry Applications.