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Unconventional Asset Optimization Using PetroVisor™

Improve asset decision making to ensure reserves are developed in the most technical and economically efficient way without causing stress to social and environmental resources.

PetroVisor™ for Unconventional Resources

Unconventional asset development is a complex problem requiring coordination across several skill sets. Add changing commodity prices and evolving completion technologies and the task becomes nearly untenable; companies sacrifice technical quality to deliver results in timeframes useful to decision makers. 

PetroVisor solves this problem with advanced automated workflows to deliver high-quality results in very short timeframes. We combine data analytics, engineering, economics and AI in proven solution processes that allow engineers and geologists to spend their time effectively, focusing their efforts on analysis and decisions worthy of their training rather than moving data and building graphs. The PetroVisor workflows connect people, systems and data with complete visibility to the end-to-end process in a unified maker platform. This open and agnostic platform allows integration of 3rd-party software, internal tools, and modification of the PetroVisor solutions to create your own unique competitive advantage.

mockup - Improving Unconventional Asset Eval
Improving Unconventional Asset Evaluation by Automating Data Analytics using PetroVisor™

Improve asset decision making to ensure reserves are developed in the most technical and economically efficient way without causing stress to social and environmental resources.

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Current PetroVisor™ Workflows

 

UNV Updated

 

Benefits of using PetroVisor™

Data Integration & Performance Monitoring

Data Integration & Performance Monitoring


Generate a unified data model from disparate sources

Focus technical efforts with Interactive dashboards & maps: where are the best wells, what are the best completion practices

Quickly assess parent/child well performance realities

Understand which completion parameters most influence production using AI-driven analysis

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Physics-based
Modeling


Improve production forecasts by imposing physics on drilling inventory

Directly account for fracture geometry, lateral spacing, drainage area, fluid properties, pressure-dependent permeability, operating practices and wellbore hydraulics

A necessary capability for completion designs beyond what has typically been tried in the field

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Completion, Development & Acquisition Optimization


Quickly assess and convey to others a completion strategy and optimal designs with 3D & 4D visualizations

Quantify the impact of uncertainty on investor returns. Know the conditions that will require a strategy change before you make a capital decision.

Make decisions from an investor perspective


Current Use Cases

 

Project Scoping –Use data analytics and AI to focus high-value geologic and engineering time on the geographic areas and problems that create the most value

Completion Optimization – Evaluate thousands of potential completion designs, properly accounting for well costs, physics and economics

Development Optimization – Full drill-out model to determine the development strategy that creates the most investor value and best mitigates downside risk

Acquisition Evaluation – Full drill-out model to assess required investor equity and returns as functions of acquisition price & debt strategy, with downside testing

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