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Title: Metering Computer Systems-What Next?
Author: Tommy Leach, Mike Rawlings
Source: 2019 North Sea Flow Measurement Workshop
Year Published: 2019
Abstract: The flow computer metering system typically comprising of both flow computers and a metering supervisory computer(MSC)is the cash till for any oil andgas Operator. We have seen major economic and technological changes inside and outside of our industry, with respect to the former, the oil price crash of 2014 was damaging. The oil price has always been somewhat cyclical,hence the issues that we have faced in recent years have happened before and could happen again. Given the length of the low prices, companies were forced to adapt, or they simply wouldnt survive. The political landscape on previous crashes were maybe more collaborative whereas OPEC and the emergence of non-OPEC oil production coupled with a drop in global demand through a stuttering global economy led to a sharp sustained drop. Although we seem to be approaching a more stable price, it is difficult to predict when the next steep drop will occur. We are all still feeling the effects of 2014, it has shaped the approach of operator investments from prospective drilling through to production and has changed how all suppliers in the oil and gas industry operate too. This has and continues to have a bearing on the technological advancements we strive for, the goalposts for what we are trying to achieve may not have changed,but the means to which we get there has.

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