Find out how to optimize your well production

Challenge:

Growing production is no longer the only metric for success in Oil and Gas companies. Production management, and therefore, production optimization continues to be a top priority. These are some of the challenges faced by the production engineers.

• More and more wells to manage - around 1,000,000 wells in the US alone
• Limited access to real-time critical data
• Geographically dispersed wells
• Capital intensive equipment

Opportunity:

The convergence of Cloud, Edge Computing, and Machine Learning capabilities pave the way for next generation flow meters. By combining physics-based models and machine learning models, we are now able to optimize flow, either with or without a flow meter. These new tools allow production engineers to monitor flow on one, or hundreds of wells, remotely. These are some of the advantages:

• Avoidance of significant CAPEX associated with installing a physical flow meter
• Rapidly scalable cloud-based virtual flow meter (VFM) solution
• Highly accurate VFM model proven over two decades of deployments
• The capability to deploy Artificial Intelligence (AI) enabled production optimization and reservoir management capabilities
• Increased production and revenue generation

Our Ask:

Arundo, in partnership with ABB, is looking for additional trial partners for further product development of the virtual flow meter before the broader release to the market. Ideally, in this pilot program, we are looking for representative data from 4-6 wells that meet the following criteria:

• Naturally flowing or gas lift oil-producing wells located in the same well network or gathering system
• Daily production between 100-800 BOE

We simply require your production subject matter expert to assist with data collection and verification. The time commitment required is minimal and all of your data will be kept strictly confidential.

This validation will be completed by us at NO EXPENSE to you, prior to a formal agreement to any proposal. Results will be returned to you in a suitable format (ie. Excel). It will not include any online access to the results or any live streaming of results.