METHOD AND SYSTEM FOR INTEGRATED ASSET MANAGEMENT UTILIZING MULTI-LEVEL MODELING OF OIL FIELD ASSETS
A method for creating an integrated asset management system for an oilfield, the method including: creating a plurality of models representing asset components each model having more than one levels of detail; connecting the more than one models to communicate with one another to create an integrated asset management system; selecting the levels of detail for the more than one models; and performing an analysis on the integrated asset management system utilizing the selected levels of detail to predict a characteristic of the integrated asset management system.