An implementation plan for integrated control and asset management of petroleum production facilities

This paper addresses innovative issues of asset management for the petroleum industry, which is very crucial for profitable oil and gas facilities operations and maintenance. A research project was initiated to study the feasibility of an intelligent asset management system. Having proposed a conceptual model for such a system in previous work [1], [2], we describe its behavior in terms of data and control flow, and pave the way for an implementation and rapid prototyping plan for such system. Furthermore we discuss the required off-the-shelf development tools. A simplified system prototype is introduced as a colored petri net model, which will be used to analyze the prototype logical structure and dynamic performance. We finally discuss the project progress status and future work.