(WO) —ADNOC, AIQ, and SLB launched a new AI-driven solution for reservoir analysis and field development, enabling the acceleration of the digital transformation of the oil and gas sector. The Advanced Reservoir (AR) 360 solution drives optimization within upstream oil and gas exploration and operations, enabling greater efficiency and reducing operational energy use and emissions. AR360 was launched at ADIPEC, the world’s largest energy industry gathering, and underlines ADNOC and AIQ’s commitment to the digitization of upstream operations. AR360 is a reservoir visualization and performance application that incorporates all subsurface data into a single integrated system, using AI and automation to optimize the field development plan (FDP). Through its optimization of the FDP, AR360 can unlock more energy with lower emissions by having the right balance between drilling new oil and gas wells, boosting the performance of existing wells and optimizing injection and production parameters. The technology has been developed through deployment in a series of ADNOC’s upstream operations. When performing complete reservoir model reviews AR360 boosted engineers’ productivity by 75%, while ensuring model quality and predictability. The application has led to improved well performance and extended the lifetime of wells. Additionally, it has improved reservoir understanding, boosted production […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
