General Electric Company : GE Announces Pre-Engineered Wellhead Control Solution
06/26/2012| 12:35pm US/Eastern

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Leverages GE's deep domain expertise in Oil & Gas industry
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Reliable solution withstands harshest conditions
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Integrated safety and logic control features enable single point
consolidation of Fire & Gas detection and Emergency Shut Down
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Rapid implementation lowers total cost of ownership
GE Intelligent Platforms (NYSE: GE) today announced the availability of
its Production Wellhead solution, a pre-engineered control solution that
leverages GE's deep domain expertise in the Oil & Gas industry.
This solution withstands harsh environmental challenges and survives
temperature extremes from the desert heat of the Arabian Peninsula to
the Arctic cold of Siberian oil fields. Integrated logic control and
safety functions enable single point consolidation of fire & gas
detection, as well as emergency shutdown of the wellhead.
In addition, it enables rapid implementation from discovery to startup
so operators can achieve faster recovery of oil and gas. The unique
combination of integrated control and safety, environmental ruggedness
and low power consumption makes this wellhead control solution ideal for
E&P operators to increase production uptime and asset performance while
lowering total cost of ownership.
"In response to increased energy demand, regulatory compliance
requirements, and infrastructure maintenance costs, companies look to GE
for safe, reliable solutions that increase the performance of critical
assets, minimize implementation time and production risk, and reduce
total cost of ownership," said Mayank Mehta, Global Industry Manager,
Oil & Gas for GE Intelligent Platforms. "Due to GE's 20+ years of
expertise in the Oil & Gas industry we are able to offer the ideal
pre-engineered solution which combines deep technology, domain expertise
and services capabilities required to support a company's complete
control systems needs from production wellhead to pipeline to tank farm
terminal applications."
The Production Wellhead solution leverages GE core control system
technologies to ensure uptime in the harshest conditions with a robust,
hardened RTU platform that can be mounted in extreme environments and
plug and play, hot-standby, non-duplicative redundancy for reliability
of critical operations. Advanced monitoring provides real-time data for
real-time decisions to facilitate performance metrics.
Safety diagnostics provide system validation and security, TUV SIL2
certified integrated safety and control for production wellhead ESD and
F&G applications, integrated intrinsic safety for Zone 1 and Zone 2
hazardous areas eases regulatory compliance and system maintenance. With
less than five watts of power consumption per controller, the solution
reduces battery and solar panel infrastructure installation and
maintenance costs by 8% or more over the lifecycle of the asset.
GE's Wellhead solution provides 50% faster deployment via standardized
production wellhead logic and graphics, 35% reduction in engineering
costs for expansions and maximized production with 65% reduction in
field service cycle times compared to traditional deployments and
systems without diagnostics.
"Increased uptime and productivity in both new and existing fields with
reduced capital and operational expenditures to increase return on
investment can deliver a strategic competitive advantage," concluded
Mehta.
For more information: www.ge-ip.com/oilandgas.
About GE
GE (NYSE: GE) works on things that matter. The best people and the best
technologies taking on the toughest challenges. Finding solutions in
energy, health and home, transportation and finance. Building, powering,
moving and curing the world. Not just imagining. Doing. GE works. For
more information, visit the company's website at www.ge.com.
Follow GE Intelligent Platforms on Twitter @GE_IP.

GE Intelligent Platforms
Elli Holman, + 508-698-7456
elli.holman@ge.com
© Business Wire 2012
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