AI waterflood Insights
Challenge
- Maximizing positive cashflow and reserves while meeting production targets with optimal management of waterflood operations.
- Reducing decision-making time and accelerating response to operational upsets to achieve desired outcomes.
- Leveraging data-driven modeling and AI.
- Unable to comprehend source of unexpected water channeling in producers.
- Not observing the expected ‘production kick’ in target producers.
- Not having clear decision alternatives and model outcome estimates to deal with injection allocation issues when unscheduled well events occur.
- Large fields, high producer and injector well stock overwhelms surveillance engineers' ability to respond quickly.
Solution
The AI waterflood management solution combines design thinking principles and a human-centric approach to improve current performance with the use of cloud technologies, data analytics, machine learning algorithms, automation, and augmented.
Results
Customizable decision support system for managing waterfloods.
Easy to deploy and use. Needs only production rate data. 3D-grid models optional.
Physics based model with ML enhancements. Nominal data requirement for training.
10x improved efficiency. Response options developed in minutes rather than hours or days.
10% incremental production gain.
Minimize HSE exposure by significantly reducing field visits.