Streamlined opportunity identification and geological insights.

Identify various remaining, feasible, and actionable field development opportunities. These opportunities include recompletion behind-pipe, reactivation, vertical new drill locations, sidetrack opportunities, and optimal deviated/horizontal targets. Enhanced data mining and AI-based vetting algorithms in well selection consistently delivers development opportunity catalogs that offer a superior degree of confidence and accuracy compared to conventional manual work processes for domain experts. The Highlights:

• Automated workflows for optimal well targeting, recompletion identification and ranking, production forecasting, and more.
• Saves 20% to 50% annually in CapEx/OpEx (at equivalent production levels).
• Integrate interpretations from multiple disciplines and data sources.

SpeedWise^® Reservoir Opportunity (SRO) was featured as a finalist in the World Oil Awards 2020 for Best Digital Transformation.

AI-Driven Production Forecasting & Decision-Making for Unconventionals

Use AI-based methodologies to capture complex, multi-faceted data for robust and flexible production forecasting, leading to greater identification of opportunities for Unconventional assets, and faster, more effective decision-making.The Highlights:

• Identify opportunities through well interference analysis, EUR analysis, and spacing optimization to maximize returns.
• Utilize machine learning and deep learning for accurate, probabilistic production forecasts and actionable insights.
• Deconvolute the impact of geology, spacing, and completion parameters on well performance for confident decision-making.
• Optimize well operating conditions to increase production and reduce operational expenses (OPEX).

Waterflood optimization using data-driven models.

Use data-driven models to help ensure cost-effective waterflood optimization. The application's reduced-physics data-driven reservoir model is the most advanced technology of its kind in the industry. The Highlights:

• Improved capital efficiency and OPEX reduction in mature waterfloods.
• Cut through the complexities of subsurface networks and reservoir dynamics.
• Unlike a full physics numerical simulation model, SWM focuses ONLY on the waterflood problem, saving hours of time and costs.
• SWM is battle-tested around the world, providing waterflood surveillance for over 500 MBBL/D.

Solve Universal Energy Problems with Machine Learning

SpeedWise® Machine Learning (SML) allows anyone in any size oil and gas company to conduct cutting-edge, automated machine learning practices and predictive analysis. The Highlights:

• Predict drilling efficiencies.
• Improve well performance.
• Maximize field NPV.
• Minimize risks.
• Minimize risks and more.

A fully automated decline curve solution.

SpeedWise® Decline Curve (SDC) applies advanced computational algorithms coupled with data-driven methods to generate robust decline curves on a well-by-well basis for any given field or portfolio.The Highlights:

• Streamline decline curve analysis with advanced algorithms, saving time and enabling focus on result interpretation.
• Utilize machine learning and patented algorithms for unbiased, systematic, and precise production forecasting.
• SDC has been used on fields around the globe, on assets with very different characteristics and field dynamics.

Accelerate Field Development Planning.

Get the most out of your wells and asset portfolio by detecting trends in production performance and identifying recovery obstacles, diagnosing the current state of a reservoir by rapidly processing and analyzing well and reservoir data. The Highlights:

• Perform AI-powered analysis from different aspects of the reservoirs, gaining insightful, non-biased, intelligent analysis and analytics.
• Identify sub-optimal/problematic areas of the operational process to improve, and get actionable solutions targeting existing issues in the field.
• Since 2013, SDX has an extensive track record of identifying production and reserves opportunities in more than 100 reservoirs worldwide.

SpeedWise^® Diagnostics was selected as a finalist for New Technology Development of the Year in the 2016 Texas Oil & Gas Awards.

Rapid and comprehensive D&C performance analysis.

SDS applies cutting-edge technologies to improve drilling performance from a global reservoir management perspective, which will focus on improving capital efficiency, increasing production, and/or increasing reserves.The Highlights:

• Combine and analyze massive data sets, aggregating distinct data sources.
• Get benchmark metrics, optimize resource allocation.
• Improve drilling efficiency, accelerate production and maximize capital efficiency.

Rapid and comprehensive ALS performance analytics.

SAL (pronounced "Sal") applies advanced analytics to artificial lift systems (ALS), identifying new solutions and opportunities for improving the operation and design. This technology builds from data-driven (and engineering-based) workflows that compute smart metrics and KPIs based on the historical performance of the artificial lift systems. The Highlights:

• Improve ALS performance.
• Identify sub-optimal elements with minimum data.
• Obtain a list of opportunities for ALS optimization, upgrading and conversion.
• Optimize ESP operational efficiency.