OneSoft Solutions Inc.’s wholly owned subsidiary, OneBridge Solutions, Inc., has entered into a technology license and joint development agreement with Phillips 66 to create a comprehensive pipeline integrity management software application, by migrating Phillips 66’s current pipeline data management system (PT-DMS) to a cloud-based software-as-a-service solution and integrating Machine Learning and other Data Science technologies into the application. The solution will be designed to integrate transparently with OneBridge’s Cognitive Integrity ManagementTM solution and is targeted for use globally by oil and gas pipeline operators. The financial terms of this agreement were not disclosed.
PT-DMS is a comprehensive, on-premise software solution developed by Phillips 66 as a key tool to aid in its pipeline infrastructure management process. The software addresses numerous key functional areas including: assessment plan tracking; maintaining assessment attributes; integrity management process planning based on multiple tool technologies; planning and scheduling activities for internal engineers, field teams, and tool vendors; analyses of data integrity in compliance with API 1163 regulations, general industry standards, internal company policies and priorities; anomaly worklist tracking that accommodates specific actions on a per anomaly basis; and all reporting associated with these functions. The system also addresses supporting functions including data ingestion tools; GPS and data maintenance utilities; workflows; job process queues; and integrated security.
“This development project with Phillips 66 represents an important milestone for OneBridge,” Tim Edward, President, OneBridge, said. “Our vision at the outset was to develop a cloud application that enables pipeline operators to manage their pipeline assets as smart infrastructure. CIM’s machine learning and data science components made achievement of this objective possible, and integration of these components to leverage the high level of industry expertise embedded in PT-DMS will further evolve our vision.”
The solution is expected to be available for commercial purchase in the fourth quarter of 2018.