infographic - honeywell digital suites for oil and gas

THE Honeywell Solution Honeywell offers digital field technology through Digital Suites for Oil and Gas, which can help improve production performance through digital intelligence.

Digital Suites for Oil and Gas

Discover Performance

THROUGH Digital Intelligence

MCKINSEY & COMPANY, BAIN & COMPANY, SOCIETY OF PETROLEUM ENGINEERS, HONEYWELL CUSTOMER FEEDBACK

STATE OF THE INDUSTRYOvercoming key challenges facing Oil and Gas producers today:

The value of integrated operations in upstream Oil and Gas include:

Operational data

Process safety

Equipment effectiveness

Operational performance

Production surveillance

Production excellence

6 Suites in the Digital Suites for Oil and Gas:

Typical annual savings in a mid-size field

$5 MILLION USD

Decline in operating costs

10-20%

Typical savings, per well, from better

monitoring

$200K–300k

Increase in production efficiency

5%Reduction in

OPEX

20%

Benefits of Effective Production Management

Oil and Gas data volume growth

each year

X5

To learn more, visit http://hwll.co/dsog

Maximizing ROI on existing assets

Improving production performance while maintaining safety

Reducing operating costs

More profit on each barrel: Faster, safer:

Expected production increase from using Honeywell’s Digital Suites for Oil and Gas

3–5%

96% of companies are not using data to its

full potential.

96%3

increase in operator productivity

100–400%

50 sites on the North Sea and another 100 sites worldwide are using Honeywell software solutions

150