the research consultancy for energy technologies

Digital

  • Do “digital” completions lift Permian IRRs?

    Do “digital” completions lift Permian IRRs?

    We have modelled the economic uplift of extra digital instrumentation on a typical Permian well. At $50/bbl oil, c$0.4M of extra instrumentation costs, which add 10% to well-productivity, will raise overall NPV by $1M and IRR by 5pp per well.

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  • Production Losses at a Giant Offshore Oilfield

    Production Losses at a Giant Offshore Oilfield

    This data-file breaks down the production losses at a giant offshore oilfield, across five categories and ten sub-categories. They are addressable with digital oilfield technologies, as shown by our notes. Advanced algorithms such as BP’s Apex solution, are capable of reducing the losses — particularly in the largest categories. Halving them could increase output by…

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