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Determine Optimum Well Spacing
Answer the question “How many wells do I need to optimally produce this field?” by comparing and evaluating a wide range of development scenarios based on both recovery and profitability indicators. Test the sensitivity of results to uncertainty in various reservoir and economic input parameters.
Schedule On-stream Dates for New Wells
Determine when new wells need to come on-stream to maintain a predetermined maximum field production rate. Use the analytical reservoir model to predict new well performance, accounting for depletion and well placement.
Optimize Surface Capacity
Determine the most efficient usage of gathering system facilities in a “green field” development. Run multiple scenarios using different maximum field rates to find the most profitable results.
Evaluate Optimum Fracture Spacing in Horizontal Wells
Generate production and cash-flow forecasts for different complex completions, including multi-laterals and multi-stage fractures.
With thousands of wells operating in 10 U.S. states, this independent oil and gas company has boosted productivity by enabling daily gauging and allowing staff to focus on high-value tasks rather than data management as well as returning well production to peak levels several days faster by decreasing the time for troubleshooting.
For 30+ years, this E&P company has thrived by adopting transformative technologies. Recently it began using a new system to increase profits by reducing geosteering operations from hours to minutes with real-time data, improving communication efficiency between engineers and geophysicists, and by integrating seismic information with well data.
This leading NOC needed to quickly identify high-performing upstream assets abroad for purchase as well as benchmark its overall investment portfolio. See how analysts accelerated the identification and valuation of upstream assets by 99.6% -- from 1-3 weeks to 15-30 minutes -- and positioned the NOC to capitalize on investment opportunities worth millions of dollars.Learn More About Our Customers Success
As a Delta Air Lines subsidiary, this oil refinery reduced the parent company’s jet fuel costs by $300 million per year and increased the efficiency/productivity of its own 40 engineers by up to 2 hours a day – saving about $600K per year. The refinery also strengthened corporate governance by ensuring compliance with safety/environmental standards.Learn More About Our Customers Success
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