U.S. oilfield services provider Baker Hughes has introduced new digital solutions and investments focused on improving efficiency and performance while reducing emissions in order to drive the long-term sustainability of customer operations.
Baker Hughes made the announcement at its annual meeting in Florence, Italy, stating that the move is a result of research conducted with oil and gas, heavy industry and broader industrial customers and partners.
According to the company, the new solutions Leucipa and Cordant expand on its digital ecosystem, providing new levels of efficiency, performance and emissions reduction for oilfield, gas and industrial segments
“Digital is redefining the limits of how the energy and industrial sectors can increase efficiency, operate predictably and ensure lower emissions in a sustainable manner,” said Lorenzo Simonelli , Chairman and CEO of Baker Hughes.
“We have long recognized digital is a critical capability in taking energy forward and leading in the energy transition, and we are continuing to invest and innovate for our customers. Our latest solutions are a testament not only to the power of digital enablement but also to our ongoing commitment to driving more efficient, informed and sustainable operations for our customers and ourselves.”
Leucipa is a public and private cloud-based automated field production software solution said to be designed to help oil and gas operators proactively manage production and reduce carbon emissions.
Argentina’s Pan American Energy Corp will be the launch customer of Leucipa, which will be released to the global market by mid-2023.
“By automating production processes, Leucipa will eliminate much of that inefficiency, ensure more environmentally sound operations, and enable customers to help recover the millions of barrels that would have otherwise remained in the ground,” Baker Hughes said.
Cordant is an integrated suite of solutions supporting industrial asset performance management and process optimization. It is set to combine existing digital offerings for hardware, software and services capabilities into one integrated and simplified user interface.
Customers’ digital assets, tools and insights will converge within Cordant and can integrate with existing Baker Hughes technologies as well as technologies from other equipment manufacturers.
The solution is available through a modular approach, while releases with further enhancements and connectivity are planned throughout the year and later.
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In addition, Baker Hughes is collaborating with Corva , which offers an open solution for well construction digital offerings to enhance rig visualization and decision-making in the oil and gas industry. Baker Hughes is a minority investor in Corva, becoming an international reseller and introducing new applications to the Corva App Store for access to its oilfield expertise.
The collaboration aims to create a digital accelerator for improved efficiency in rig operations.