Accelerate Time to Recomplete Wells, Identify Vertical Sweetspots and Locate Horizontal Wells
SpeedWise® Reservoir Opportunity* (SRO) is an AI-powered, cloud-native platform that applies advanced computational algorithms and data mining techniques on multi-disciplinary datasets to automatically identify a ranked list of remaining field development opportunities. These opportunities include recompletion behind-pipe, reactivation, vertical new drill locations, sidetrack options, and deviated/horizontal targets.
SRO automates several geologic and engineering workflows that are typically performed manually, including remaining pay interpretation, drainage analysis, geo-engineering attribute mapping, production forecasting, and uncertainty quantification, to capture initial production potential and associated risks across the portfolio. The automated workflows and collaborative features enable asset teams to spend more time vetting field development alternatives. Ultimately, the benefits of SRO are threefold: speed, accuracy/risk mitigation, and value creation.
Centralized, Scalable and Collaborative
Hosted in a secure, native cloud-based environment, SRO enhances asset team efficiency and minimizes subjectivity by allowing team members to work together through a centralized data management center, deploy repeatable workflows that render consistent results, and easily evaluate opportunities and associated risks. Breaking down multi-disciplinary data silos through SRO helps mitigate missing and incomplete data for more confident field development planning, and workflow automation can lead to time savings of over 90%, cutting workloads from months to weeks, and in some cases hours.
SpeedWise Reservoir Opportunity Features
- Automated geo-engineering workflows for identifying and ranking recompletion, vertical sweetspots and horizontal wells. Workflows include remaining pay interpretation, optimal target search, probabilistic production forecasting, interference analysis, and uncertainty quantification.
- A flexible framework for customizing settings to unique field/reservoir specificities.
- Centralized and collaborative dataset management: Allows users to create/update datasets, upload files, and automatically QC/validate data. Multiple users can collaborate on creating/updating a dataset. Supports Energistics RESQMLTM for wells and reservoir models.
- Workspace/case management: Allows users to manage/access projects and define or view cases. Users can specify project collaborators.
- Execution workflow: Allows users to customize a case by controlling the settings, and iteratively execute various steps within any selected module.
- Workspace/case management: Allows users to manage/access projects and define or view cases. Users can specify project collaborators.
- Allows users to interactively visualize the results for each case. Users can share results with collaborators, vet opportunities, and export results in various formats.
Recomplete Finder Workflow (SRO automates several geo-engineering workflows that integrate inter-disciplinary analysis.)
SRO has been developed under a technology collaboration between Emerson and QRI, with Emerson as the exclusive global distributor for SRO and any other applications developed under this agreement.
*US Patent Pending