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petrovisor apps

Production
Optimization

Efficiently track operational and production performance along with financial metrics and forecasts, to reduce downtime while increasing production.

How to use PetroVisor's
Production Optimization App

Technical Well Problem Detection

Technical Well
Problem Detection

Detect general technical problems based on production or injection rates, e.g. sudden changes in production rates.

  • Enable a production operator or production foreman to efficiently identify possible production issues in day-to-day operations

 

Shut-in Risk Scoring & Remediation

Shut-in Risk Scoring
& Remediation

PetroVisor identifies wells where remedial action may prevent a future shut-in, or where deteriorating production can be restored.

  • Instantly view daily oil/gas/water production and daily forecast, daily injection, and daily average pressures
  • Automatically analyze and rank wells for reactivation and shut-in based on optimal production potential or requirements for reactivation relative to cost, expense, and market pricing

 

Workover Candidate Selection

Workover Candidate
Selection

The entire candidate screening model is automated, i.e. continuous automated screening for underperforming wells, including KPI calculations, data analytics, problem detection, cost and risk estimation, NPV calculation and ranking of workover opportunities.

  • View workover expense summaries including previous quarters, budgeted, authorized and actuals
  • View monthly total workover cost by type and workover performance results
  • Ranked list of under-performing wells to be checked, indentified as work over candidates

 

Production Loss & Deferment

Production Loss
& Deferment

These dataflows and calculations classify quantities of deferred production and production losses based on previous vs. actual performance.

  • Efficiently track operational performance, including cumulative forecast vs. production and field estimates vs. budget vs. actual expenditures by cost type
  • Quickly discover the most common reasons for downtime on all assets and filter to downtime reasons in the last 7 days

 

10 Key Performance Indicators (KPIs) Every Production Engineer Needs to Know

DOWNLOAD HERE

Key Features

- Preconfigured commercial connectors to industry standard apps / software

- Asset wide surveillance that connects operational and financial surface and subsurface data

- Advanced production engineering analysis & forecasting technology including AutoDCA, type curves, etc.

- Trained ML models for faster data cleansing and analysis

A simplified approach to
production optimization

Centralize & Integrate Your Production Data

Centralize & Integrate Your Production Data

Create a central place to manage all integrations and automations to rapidly deploy workflows. Compatible with most data sources and major production accounting and SCADA platforms, such as P2, Quorum, Peloton, CygNet and more.

Flexibility / Scalability

Flexibility / Scalability

Create sophisticated models by combining data from various sources. Quickly run models and analysis that are shared across teams.

Accessible And Unified View of Your Data

Accessible And Unified View Of Your Data

Enable users to develop a unified data perspective that generates a sustainable and standardized view from the integrated data and the outcomes of the optimization
workflows in a matter of hours.

Synchronization / Automatic Updates

Synchronization / Automatic Updates

Decrease the time required for manual well assessment using prescriptive actions for underperforming wells which require further investigation.

Optimize Your Production Workflows

Optimize Your Production Workflows

Produce an automatic re-evaluation and selection of top candidates to increase production while boosting the economic success rate.

Advanced Technology At Your Fingertips

Advanced Technology At Your Fingertips

Seamlessly integrate Python, R, or ML.net into the app for augmented analysis of your production data.

New Well Placement And Identifying Workover Candidates

Using the PetroVisor™ platform, the operator delivered an NPV improvement of $751 million (34%) and reduced CAPEX by $15.4 million (34%).

Download Whitepaper

App Benefits

Within a single unified workflow, a user combines complex data analytics, physics-based modeling, and sophisticated economic modeling processes. The results are used for increasing production volumes, analyzing cash flows, debt and investment needs.


 

Gain Consistent Results

Gain Consistent Results

Enables users to develop a unified perspective of all relevant data that generates a sustainable, consistent, and comprehensive portfolio of opportunities to increase production and lower costs.

Decrease Well Review Time

Decrease Well
Review Time

The app considerably decreases the time required for manual well assessment by identifying underperforming wells that warrant further study.

Simplified Approach

Simplified Approach

The Production Optimization App provides tools to connect to all disparate production and economic data to ensure the focus of operations is on the most impactful result-driven activities.

Additional Resources

Production Optimization App
SOLUTION BRIEF

Production Optimization App

Learn More
10 KPIs Every Prod. Engineer Needs To Know
WATCH WEBINAR

10 KPIs Every Prod. Engineer Needs To Know

Learn More
Production Optimization App
TECHNICAL DATASHEET

Production Optimization App

Learn More
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