Manually Identify and Assess Proper Wells
Many operators struggle to manually identify and quickly assess from great number of wells the proper ones, which are close to their economic limits or the end of low productivities.
Rapidly Identify Wells
There is a great desire for the operators to rapidly identify wells, which are approaching their limits of viable production and profitability. However, there is a high risk of prematurely abandon wells, leaving large quantities of hydrocarbon behind.
Identify Underperforming Wells
The package can identify underperforming wells using various key performance indicators such as heterogeneity indices, production thresholds or compares actual production with monthly targets.
Added Value Gained
Identify Under Performance
The calculations and models can be used to identify under performance of the wells, in comparison with the expected field performance. It can be also used to estimate completion efficiencies and prepare mitigation strategies in certain conditions and develop specific action plans.
- The solution has applications in the Gulf of Mexico
- Major European operator with more than 200 brownfields
- Major Middle East National Company for one of the biggest offshore fields in the world