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MAXIMIZING PROFITABILITY WITH TRUE, CLOSED-LOOP AUTONOMOUS LIFT OPTIMIZATION
- 2. DIGITAL OILFIELDS USA 2022
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©2020 Weatherford International plc. All rights reserved.
THE CHALLENGE
Enhance
Production
Maximize
Uptime
Improve
Efficiency
Carbon
Neutrality
- 3. DIGITAL OILFIELDS USA 2022
©2021 Weatherford International plc.
Private and Confidential, All rights reserved.
©2021 Weatherford International plc. All rights reserved.
3
DRIVING INDUSTRY 4.0 CONCEPTS TO PRODUCTION
I o T
C L O U D
A N A L Y T I C S
PRODUCTION 4.0
- 4. DIGITAL OILFIELDS USA 2022
©2021 Weatherford International plc.
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EVOLUTION IS ESSENTIAL
I M P R O V E E F F I C I E N C Y
M A X I M I Z E U P T I M E
E N H A N C E P R O D U C T I O N
P L A T F O R M
I o T P L A T F O R M
- 5. DIGITAL OILFIELDS USA 2022
©2021 Weatherford International plc.
Private and Confidential, All rights reserved.
Autonomous Control
Models on the Edge
Optimization
Communication
Control
IoT based instant Notifications
Data High-Frequency Data & Storage
Edge Automation
IoT based Optimization and Control
- 6. DIGITAL OILFIELDS USA 2022
©2021 Weatherford International plc.
Private and Confidential, All rights reserved.
6
ENHANCE CONTROL WITH FLEXIBLE DEPLOYMENT
OR AS AN
ADDITION TO
YOUR EXISTING
EQUIPMENT
INSTALLS
AS A
STANDALONE
DEVICE
- 7. DIGITAL OILFIELDS USA 2022
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FORESITE EDGE DEPLOYMENT
- 8. DIGITAL OILFIELDS USA 2022
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INTEGRATED ASSET MANAGEMENT
8
Surveillance &
Alarms Management
Production
Overview
Inflow Performance/
Well-test
Well Analysis
Well Allowable
Network
Management
Forecasting &
Optimization
Operations
Management
Surveillance Evaluate
Plan
Execute
Measure/
Control
- 9. DIGITAL OILFIELDS USA 2022
©2021 Weatherford International plc.
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FAILURE MODEL: MINIMIZE PRODUCTION DEFERMENT
9
Failure Date
Deferment
Installation
One Workover Cycle
Job Scheduling Installation
Diagnosis
Potential Gains
Deferment
New Well Commissioning
ESP Well Life
Rig Availability / Mobilization
Job Scheduling
Failure confirmed
Early Failure Prediction
Rig Availability / Mobilization
Conventional Decision Making
Analytics based Decision Making
Production
Production
Failure Date New Well Commissioning
ESP Well Life
Deferment
Installation
One Workover Cycle
Rig Availability / Mobilization
Job Scheduling
Failure Confirmation
▪ ESP Failure: Loss of a High Production Artificial Lift System
▪ Capital Intensive Installation
▪ Daily Challenge: Reactive only on lagging failure indicators
- 10. DIGITAL OILFIELDS USA 2022
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BUSINESS IMPACT – FAILURE MITIGATION STRATEGY
10
Pump Optimization by Exception
• Irreversible in nature
TUBING LEAKS
• Imminent cases of failure
MOTOR FAILURES
• Highly abrupt in nature
CABLE FAILURES
• Best candidates for improving well operation.
• Precise scope for extending run life of the well
PUMP FAILURES
- 11. DIGITAL OILFIELDS USA 2022
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MODEL VALIDATION: SCORING METHODOLOGY
11
Machine
Learning
Analytics
Prediction
Routine
Check
Failure threshold
Common Monitoring
Parameters
Complete
Parameters
Engineered Features
Failure Probability
- 12. DIGITAL OILFIELDS USA 2022
©2021 Weatherford International plc.
Private and Confidential, All rights reserved.
ADVANCED ESP ANALYTICS
IN ACTION
98%
Predictive
Precision
28%
Reduction In
Deferred
Production
50 DAYS
More Uptime
Per Pump
SPE-197806-MS