search.noResults

search.searching

dataCollection.invalidEmail
note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
INDUSTRY NEWS OPEX Group Secures Digital Services


Contract With Chrysaor An Aberdeen-based provider of data science and predictive analysis services, OPEX Group, has secured a contract for digital services with Chrysaor, the UK’s leading independent E&P company.


Chris Ayres – COO, OPEX Group


Lomond EPM and Armada platforms.


On 27 occasions during the trial, OPEX helped Chrysaor to anticipate and take action to remedy conditions which may otherwise have led to gas compression system trips, minimising production loss and cutting maintenance costs.


Chrysaor have now extended the contract with OPEX Group throughout 2020 and are also working with the company to apply data science to other challenges within the business.


The contract announcement follows a successful field trial that OPEX Group started last year, which saw their Predictive Analysis Service applied to the gas compression systems on Chrysaor’s


VSpringsAd 25/9/06 20:13 Page 1


OPEX’s service, which combines the expertise of data scientists with the experience of oil and gas engineers, helps operating companies use their existing data to predict operational threats, improve performance and solve complex problems.


Chris Ayres, COO of OPEX Group said: “Offering Chrysaor additional intelligence about the behaviour and performance of their systems, provides them with the information they need to avoid production losses, boost efficiency and cut maintenance costs.”


“It is widely understood in the industry that reactive maintenance costs are significant. A single trip can cost operators millions in lost production. So, an insight to prevent this and maximise production is of huge value and something we’re delighted to be helping our customers with.”


OPEX’s X-PAS™ Predictive Analysis Service won the Oil & Gas UK Award for Business Innovation and was shortlisted as a finalist in the global Energy Institute Awards.


Valley Spring is a member of the Springmaster®


Group


SPECIALIST PRODUCER OF MEDIUM AND LARGE DIAMETER COMPRESSION, EXPANSION AND TORSION SPRINGS.


Pottery Lane East, Chesterfield, Derbyshire S41 9BH Tel: +44 (0)1246 451981 Fax: +44 (0)1246 454327 E-mail: sales@valleyspring.com www: www.valleyspring.com


info@bellevillesprings.com www.bellevillesprings.com


February 2020 www.sosmagazine.biz 11


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52