October 2014, Vol. 241, No. 10


Remote Diagnostics Surveillance Improves Fiscal Assurance

In the high-risk environment of the oil and gas industry, an enormous amount of resources is employed and devoted to ensuring the environment, the assets we manage and our personnel are protected. From a business perspective, the overarching discipline of managing change can be categorized as “fiscal assurance” as the focus is upon guaranteeing long-term profitability. To achieve this fiscal assurance, we must know the quality, quantity and physical properties of the fluids we are dealing with, and safely manage the process conditions in which they are handled. Therefore, it is critical that we can rely upon the devices we use to measure and control these fluids. H

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