Today’s Downhole Data For Tomorrow’s AI-Driven Oilfield – Canadian Energy News, Top Headlines, Commentaries, Features & Events – EnergyNow

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How real-time downhole monitoring solutions are changing the way energy producers operate.

today's downhole data for tomorrow's ai driven oilfield

The Way Things Used To Be

Whether you’re extracting oil, gas, or thermal energy from the earth, efficiency is the name of the game. Getting the most out of your assets is what drives profitability and gives you a competitive edge.

Throughout history, there have been many inputs that operators use to try and understand what is going on downhole, and how they can do things better.

From trying to derive downhole metrics based on calculations made at surface, to error-prone measurement techniques like fluid shots, there have been many means by which engineers have attempted to make informed decisions about their downhole environment.

Today’s Capability

The current leading producers in the world have all adopted real-time monitoring systems as an essential component to their completions.

Here at GEO PSI, we are proud to be the home of the most innovative and reliable monitoring solutions on the market.

Our proven technologies enable us to provide accurate and reliable real-time downhole data for nearly any application.

From extreme high-temp applications up to 300°C, to our groundbreaking EV technology allowing ESP operators to ‘listen’ to all downhole vibration and harmonics like never before, to our truly wireless gauges which enable real-time monitoring in wells where it was previously impossible due to snubbing or complexity of running cable, we have the most advanced suite of downhole monitoring technologies on the market.

And from our premium QuartzdyneTM-based gauges offering the highest data accuracy and resolution on the market, to our GEO4-20 gauges bringing real-time pressure & temperature monitoring at a price point perfect for every well.

In 2024 the technologies available to operators to collect accurate and trustworthy data are nearly endless!

Cost, reliability, and capability are no longer a barrier to engineers looking to measure critical downhole parameters directly. And innovations like our exclusive EV technology, or our unmatched muti-gauge capability provide real-time information which is extremely data-rich.

Data-Driven Decisions

In today’s world, the energy companies which are leading the pack are all making data-driven decisions.

Top producers in the US operate with a central command where every pad is monitored in real-time, and where all completions and engineering decisions are made based off of reliable field data. These companies do not complete a well without a real-time downhole gauge!

Market pressures, regulatory environments, and the growing complexity of extracting resources from the earth are driving these companies to increase their efficiency, and those who are investing in modern technologies are leaving the others in the dust.

From drilling, to completions, to production, to maintenance & asset management, these data-driven decisions remove the guesswork and allow operators to work with precision and efficiency.

Fueling An AI Driven Future

Many top energy companies already have entire teams dedicated to the development of AI software to improve their operational efficiency.

As technology advances and the application of advanced software and algorithms becomes commonplace in the industry, data will be needed to fuel machine learning algorithms and predictive models.

The data from our downhole gauges are already transforming how energy companies operate!

However, we are entering into a future where data is not only more easily processed but also necessary on a historical basis to better understand the long-term trends of reservoir dynamics, frac efficiency, pump performance & failure modes, etc…

Conclusion

Technology has advanced so far that real-time downhole data is more accessible than ever. From users desiring the most advanced suite of downhole gauges delivering the most data possible, to those requiring an accessible & budget-friendly solution for measuring real-time pressure in every well, here at GEO PSI we have a solution for every application.

The data from these systems is not only valuable today, but it is also an investment in an AI-driven future.

Energy companies which prioritize reliable, quality data today, will have the information they need to better harness intelligent technologies in the future.

To learn more about our downhole gauges and the advanced data sets they can provide, please visit the link here: Learn More

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