Weatherford introduces expanded ForeSite optimisation platform

analytics chart data 884450Weatherford International plc, a drilling company for oil and gas wells, has announced that it has made a major enhancement to the ForeSite production optimisation platform

The new release includes the expansion of predictive failure analytics to electric submersible pumping systems (ESPs) and the addition of complete optimisation capabilities for plunger-lifted wells.

The company stated that the platform expands industry-exclusive capabilities in reciprocal rod lifting by adding predictive failure analytics for ESP systems. By predicting an ESP failure before it occurs, this ability not only reduces failure frequency but also reduces total downtime and lost production by enabling proactive failure management and planning.

The optimisation is based on previous optimisation capabilities in rod lifts, gas lifts, natural drives and ESP-lifted wells. Instead of the status quo using a test-and-error method to adjust operating pressures, ForeSite enables real-time optimisation and surveillance along with intelligent alerts, well modelling, plunger cycle design and more, the company added.

The platform is also edge-computing ready. Combined with advanced IoT enabled hardware and CygNet SCADA software, it can help to increase asset profitability, productivity and uptime by placing ForeSite modelling capacities on the site.

The ForeSite enhancement includes automated well testing and the ability to execute well-work activities in the field via ForeSite mobile.

In May 2017, Weatherford introduced the ForeSite platform, which combines physics-based models with advanced data analytics to improve performance across wells, reservoirs and surface facilities on a single, secure platform.

Kyle Chapman, president of Production for Weatherford, said, “Since its launch, ForeSite has been deployed around the world with unmatched success, enabling operators to identify and prioritise their production opportunities.”

“Simply put, the new ForeSite release gives operators the field-wide intelligence that they need to monetise their data. The new capabilities added to ForeSite combine an unprecedented ability to monitor performance and recognise current and future improvement opportunities across all reservoirs, wells, surface equipment and pipelines. This is the field of the future,” he concluded.

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