Optimize the completion design using ML/MVR to achieve the economic measure of your choice. The Completion Optimization App can be used for any completion but is exceptionally well-suited for horizontal hydraulically fractured wells in tight rock formations.
Optimization of completion designs in horizontal hydraulically fractured wells in tight rock is a difficult challenge. A complex multi-variable method is necessary due to the various completion factors and uncertainty in the hydraulic fracture size and reservoir characteristics. The analysis is very time intensive with separate and disconnected tools and needed skill sets, frequently resulting in a lack of desired technological sophistication and "optimal" solutions with overly simplified economic analyses.
PetroVisor addresses this issue by integrating all necessary production, completion, reservoir, and accounting data with advanced multi-variable and economic processes in a single automated app. Using powerful multi-discipline data analytics, engineering, and economic techniques, users may rapidly analyze a very large matrix of potential completion designs with this app.
to all disparate data sources regardless of type or location
all related data in a single, unified data layer for consistent answers
data and analytics in real-time with machine learning
Utilize advanced ML/MVR analysis and economics to rapidly optimize completion designs using extensive empirical completion datasets. Rapidly evaluate hundreds of different completion designs to maximize the economic measure of your choice and lead a multi-year completion evolution plan.
Take comfort in achieving economics-based completion optimization without sacrificing technical sophistication. Plan a multi-year completion technology strategy based on maximizing your chosen economic criteria.
Design completions based on solid economic analysis and include operational risk in that assessment. Quantify the trade-off between operational risk and theoretical financial gains with more aggressive completions.
SVP of Unconventional Solutions, George Voneiff, joined Steve Cobb from NSI Technologies to share recent stories from their work in several North American basins.