Virtual Assets Management (VAM) system is a set of online real-time production management tools that offers oil and gas operators cutting-edge one stop shop platform utilizing the latest in software technology and industry-based standards, required to harness large amounts of sensor  in order to bring substantial improvements to operation efficiency and productivity; continuous, round-the-clock assets performance monitoring, surveillance, control and optimization; and decision-making process. The VAM technology, being vendor neutral, also supports communication to any third-party application using the Energistics standard web service thereby lowering implementation costs and optimizing the interaction between asset models and data-assimilation methods.

 The VAM technology meets all out-of-the-box architectural and functional requirements to provide value in several ways:

Online VAM 

• VAM means Virtual Asset Manager
• Advisory Tool designed to assist in making day to day decisions
• Monitor real-time operation
• Assist with liquid management
• Monitor Compressor operation performance
• Warning with real-time forecasting

Online VAM Components 

• Pipeline Integrity Management System 
• Virtual Metering System Lite 
• CTAS 
• Standard Forecast 
• What-If Forecast 
• Liquid off-take Optimization 
• Suction Pressure Forecasts 
• Leak Detection 
• Restriction Detection