Production

Can super-computers lower decline rates?

Advanced reservoir modelling can stave off production declines at complex offshore assets. This data-file illustrates how, tabulating production estimates based on a technical paper using Eni’s high-speed computer assets. 60% uplifts in LT production and EUR are achieved.
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June 25, 2019

Shale: Upgrade to Fiber?

This note focuses on the most exciting new data methodology we have seen across the entire shale space: distributed acoustic sensing (DAS) using fiber-optic cables. It has now reached critical mass.
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May 22, 2019

Shale EOR: Container Class

Is Shale-EOR the next wave of unconventional upside? The topic jumped into the ‘Top 10’ most researched shale themes last year. Stranded in-basin gas will improve the economics. Production per well can rise by 1.5-2x. The theme could add 2.5Mbpd to YE25 output.
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Machine Learning to Optimise Rod Pumps

This data-file summarises progress using machine learning to maximise production from mature wells, by detecting errors and optimising production. There is potential to lower global decline rates by c100kbpd per annum for over a decade, and increase each well’s NPV by $0.1M.
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April 12, 2019

U.S. Shale: Winner Takes All?

Shale is a ‘tech’ industry. And the technology is improving at a remarkable pace. But Permian technology is improving faster than anywhere else. These are our conclusions after reviewing 300 technical papers from 2018. We address whether the Permian will therefore dominate future supply growth.
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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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