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Tieto

EC Integrated Asset Modeling (IAM)

Tieto’s software suite EC is an integrated hydrocarbon management solution which supports the needs of all oil and gas operations.

The EC IAM module allows oil and gas companies to graphically and computationally integrate models and optimize petroleum assets. Any third-party or in-house models, simulators and data sources can be integrated to form a unified model spanning the value chain. This module provides sensitivity assessment and optimization capabilities to define business opportunities dependent on complex cause-and-affect dependencies affecting the entire value chain. It is used to optimize field development plans, model how changes to existing infrastructure affects bottle necks and asset performance, and to improve long term planning and reservoir recovery strategies.
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Digitalization

Digitalization

Tieto

EC Upstream Management

The EC Upstream Management module provides a dedicated management dashboard to evaluate optimization results and scenarios and contains components for well performance monitoring, automated well-testing and short-term production optimization.

Well performance monitoring detects if wells are not performing as expected, triggering notifications when unexpected events occur. Automated well testing covers automatic detection of stable periods, accurate calculation of well test shrinkage factors and flowing composition and automatic acceptance of well tests. Short-term production optimization provides functionality to optimize day-to-day operation how the asset is operated on a day-to-day basis by maximising oil production and minimizing operational costs.
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Digitalization

Digitalization

Tieto

EC Cargo Management

Tieto’s software suite EC is an integrated hydrocarbon management solution which supports the needs of all oil and gas operations.

The EC Cargo Management module provides a solution for managing an optimized portfolio-wide ADP and SDS. It facilitates optimized robust plans contributing to increased profitability with minimized need for third-party cargoes, vessel chartering and optimized feed stock and send-out schedules.

This module is a collection of tools which provides tailored workspace in EC. Its KPI-driven evaluation, efficient scenario management and analysis provides tremendous value to our customers. Adding more weight to this offering are the EC optimization framework and its powerful visualization.
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Digitalization

Digitalization

Tieto

EC Chemistry

Tieto’s software suite EC is an integrated hydrocarbon management solution which supports the needs of all oil and gas operations.

The EC Chemistry module aims to improve information flow and reduce cost of operation by enabling more focus on predictive decisions for optimisation, rather than reacting when problems occur, which often leads to costly interventions. Improving production regularity and operational integrity by controlling the chemical impact on operations leads to lower operational costs either by chemical usage or running of equipment. This module is planned and designed as a collection of functions for optimizing operations related to oilfield production chemistry.
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Digitalization

Digitalization

Tieto

EC Environmental Monitoring

Tieto’s software suite EC is an integrated hydrocarbon management solution which supports the needs of all oil and gas operations.

The EC Environmental Monitoring module is planned to enable monitoring of chemical impact to the environment and tracking emissions of greenhouse gases. Chemical discharge is traced using a mass balance calculation for reporting usage and discharge volume to authorities, as well as monitoring compliance with regulations. The module tracks volatile components from sample and analysis as well as modelling for estimation emission of these components. Chemical discharge and emissions are set up with regulatory reporting as required by different country authorities.
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Digitalization

Digitalization

Tieto

EC Revenue

Tieto’s software suite EC is an integrated hydrocarbon management solution which supports the needs of all oil and gas operations.

The EC Revenue module handles invoicing and control of any data relevant for revenue recognitions, including a two-way interface with financial accounting systems. Its comprehensive functionality for revenue accounting supports the needs and requirements found in all major oil and gas regions. Energy Components is the only solution that addresses the complete value chain from reservoir to revenue. Specifically built for the upstream industry, it handles some of the most complex revenue arrangements including lifting agreements between JV parties, royalty/PSA agreements, multi-product and multi-currency invoicing.
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Digitalization

Digitalization

Tieto

EC Production

Tieto’s software suite EC is an integrated hydrocarbon management solution which supports the needs of all oil and gas operations.

The EC Production module covers the functionality required by upstream organisations for all aspects of production management, including forecast and target setting, tracking actual performance versus targets, identifying bottlenecks and successfully realising the full production potential of assets.

It is designed to handle specific requirements from e.g. oil fields with associated gas, gas/condensate fields, coal-bed methane fields, heavy oil and bitumen production, subsea deepwater developments with FPSOs, offshore platforms, shallow water and swamp installations, onshore pumped wells without any automation, tank farms, gathering systems, etc.
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Digitalization

Digitalization

Tieto

EC Transport

Tieto’s software suite EC is an integrated hydrocarbon management solution which supports the needs of all oil and gas operations.

The EC Transport module follows hydrocarbons when they are transported from the production site to the sales point. It helps to ensure continuous delivery and integrity of the transport. Furthermore, it is able to cover hydrocarbon processing terminals which are often integrated in the transport systems.

For transportation by pipeline, EC Transport ensures the pipeline balance by tracking what enters/exits the pipelines at one or more entry/exit points. For transportation by vessel, EC Transport supports the planning of shipments, registers all terminal operation processes, generates the shipping documents and keeps track of lifting accounts.
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Digitalization

Digitalization

Tieto

EC Sales

Tieto’s software suite EC is an integrated hydrocarbon management solution which supports the needs of all oil and gas operations.

The EC Sales module supports the sales organisation in selling and/or trading hydrocarbons, including managing complex product sales contracts, and is relevant both for own and partner-operated assets.

It provides capabilities to attribute actual deliveries to sales contracts according to priority and user-defined rules and perform full contractual accounting according to contract clauses. Its main tasks are to track sales quantities and to perform any necessary processing of the quantities to make them ready for invoicing purposes. EC Sales is also able to calculate product, contract and cargo prices, including complicated algorithms and price index inputs.
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Digitalization

Digitalization