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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
  • Reliable solution withstands harshest conditions
  • Integrated safety and logic control features enable single point consolidation of Fire & Gas detection and Emergency Shut Down
  • 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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