Data-driven Intelligent reservoir management & production optimization solution offering a 360º view of your reservoir
Introduction
AR360 is a predictive, automated assessment tool providing a 75% efficiency gain in user productivity in performing comprehensive reservoir model reviews.
The application democratizes access to all reservoir model data to all asset team members, with information being accessed through a dashboard on the cloud.
Tools under AR360 include:
• Digital Reservoir Model Reviewer • Reservoir Performance Advisor • AI-Assisted Production Forecast • Integrated Workflows
Features
AR360 is software agnostic and highly scalable, providing automated and structured assessment of reservoir model quality and gaps between all assets. The application's advisory system enhances quality of future models and the predictive capability of existing reservoir models. Underperforming reservoir areas and wells can be identified with relevant recommendations, harnessing automation, and Machine Learning. AR360 can also be used to assist to delineate workover candidates.
Screening
Screening of active wells for low productivity or high water or gas producing wells.
Automated assessment
Automated assessment of Reservoir Model Quality and predictive capability.
Advisory system
Tool that enhances future model generation.
Benefits
- 01Cost reductionReduction in the number of new infill wells and boost waterflood program to improve oil recovery.
- 02Production increaseExtends life of existing wells and improves production from new ones.
- 03Improved efficiencyAcceleration of model review and opportunity generation processes by 75%.
- 04Accurate forecastingData-driven forecasting of all three phases of field development – oil, water, and gas is available.
