StepChange Global Digital and Integrated Operations glossary

All | # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
There are currently 20 names in this directory beginning with the letter M.
Maersk Planning Advisory & Collaboration Team (legacy Maersk Oil (now Total) acronym)

Manage by Exception
Manage by Exception is where you only look at things which are an exception to, or are significantly different from an expected result of the process

(i) Management of Change (aka Change Management)

The key role of change management in digital transformation is presented by the SPE DSDE here and here

(ii) Mobile Operational Center (Gazprom Neft term)

Modbus,  a data communications protocol used with programmable logic controllers (PLCs).

Mobile Offshore Drilling Unit

Mine of the Future™ is a Rio Tinto acronym used for the application of digital and automation solutions and processes to their global mining operations

The Rio Tinto Mine of the Future™ is show on youtube here  

Multi-purpose dynamic simulator (Shell acronym)

Please see SPE technical paper OTC-30838-MS for further technical details

Machinery and Power Support Center (Chevron acronym).  The MPSC is located in the Chevron Houston offices.

The Chevron MPSC is described in a youtube video here

Maximum Reservoir Contact wells (Saudi Aramco acronym)

Please see SPE technical papers 85307-MS and 108806-DL for further technical details

MRC wells are discussed in the SPE JPT here

Mechanical Specific Energy

See example SPE technical papers 92194-MS102210-MS for further technical details

Mud Weight