Quickly copy industry successes

Operators can beat the odds by copying others' successes.

Regulatory applications contain justifications and results of new CO2, polymer, ASP and frac schemes. Would seeing these help you?

But you can't wait until you read about it in Oilweek or in an SPE paper.

AppIntel AI can help you learn the nitty gritty details of new and experimental recovery schemes as soon as the applications are made to the AER.

In this article:
• Using AppIntel AI to quickly copy industry successes
• Example
• Screen shots
• Will it make a difference?
• They threw an office party in Justin's honor
• Pricing

Example:

Justin from ABC Oil and Gas Ltd. thought that injecting natural gas might improve recovery. He wasn't getting much for the gas after processing and gathering costs anyway. However, he knew his pool pressure wasn't going to be above minimum miscibility pressure.

So he did a KiP search in AppIntel for bakken immiscible gas injection. He found over 10,000 hits. He ordered three applications that looked the most promising. And he received them on-demand into his email inbox through AppIntel.

Unlike SPE papers and news articles, he found actual UWI of gas injectors along with net pay maps and recovery information. Using the UWI locations, he looked at the flood performance using Accumap.

This intelligence allowed him to move forward with confidence. He increased reserves and production and saved the gas treating costs.

Using the same technical information in his neighbor's application, he applied for and received approval to conduct an immiscible gas injection scheme in his pool. His recovery factor jumped 10% on eight wells in the pilot pattern. This added $1.2 milllion in NAV to ABC. And his company's stock became a hot commodity on the exchange.

What value would it add to your assets if you could be a quick copy of others' successes?

Screen Shots:

Will it make a difference?

What value would it add to your assets if you could be a quick copy of others' successes?

What if you could scope out a successful gas injection scheme and get all the nitty gritty details? AppIntel can help you discover it, snoop the injector UWIs and justify starting one of your own. If you could add just 10% more recovery on an eight well injection pattern, you could add $1.2 million dollars in NAV.

8 wells x 30 bopd x 10% x $50 M/boepd = $1,200 M

They threw an office party in Justin's honor.*

He used AppIntel to check out the details of others' successes. He used them to start an immiscible gas injection scheme in his company's assets.

Want to know the details of new and experimental recovery schemes? Using AppIntel allows you to be a quick copy.

QUICKLY COPY OF INDUSTRY SUCCESSES

Tags: Gas Injection, Flood, AppIntel advantage, Artificial Intelligence

  17 Sep 2015

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