FDPlan agile field development planning solution and FieldTwin from FutureOn
Faster field development planning, less rework
Integrated subsea layouts. Faster decisions.
AI accelerating possibilities for Petoro
Location
Norway
Summary
Using AI embedded in digital solutions from SLB, Petoro reduced mature field development production optimization and vastly accelerated its well placement strategy. Reservoir engineers are generating hundreds more realizations of geological scenarios to explore a far wider spread of possibilities for field development in a fraction of the time this work previously took.
Accelerating Possibilities for Petoro
An overview by Bjorn Kvanvik, chief technology officer, Petoro, on how AI fast-tracked well placement strategy
Results
AI working for you
AI delivered improvements in well location targets for Petoro using probabilistic well ranking to identify low performing wells, probability maps to understand overall reservoir performance, and analytics-based optimization steps which targeted large connected and high saturated oil volumes.
"AI guides us to the best new well location every time."
Bjørn Kvanvik – CTO Petoro
