ADNOC has deployed AIQ’s Superior Reservoir 360 (AR360) answer on greater than 30 reservoirs throughout the corporate’s upstream operations, following the answer’s profitable preliminary deployment in early 2024 on two reservoirs at Bab and Umm Shaif fields.
Developed by AIQ with SLB as a part of ENERGYai, ADNOC’s synthetic intelligence and digital know-how technique, AR360 makes use of synthetic intelligence (AI) and machine studying applied sciences to enhance reservoir administration and optimize area growth planning.
“The combination of AR360 throughout extra of our reservoirs is a testomony to our success in harnessing AI and superior applied sciences to unlock extra worth from our pure assets,” stated Abdulmunim Saif Al Kindy, ADNOC Upstream Govt Director.
“Constructing on a long time of funding in innovation and know-how, we are going to proceed to speed up the deployment of AI options from the management room to the boardroom as we responsibly meet the rising international vitality demand,” he added.
AR360 reduces planning time whereas rising nicely life and restoration charges by guaranteeing the correct steadiness between drilling new wells, boosting efficiency of current wells and optimizing injections and manufacturing volumes, ADNOC stated.
Therefore, conventional forecasting applied sciences require working throughout a number of software program platforms and knowledge units, which may be time-consuming, AR360 integrates every little thing on a single platform and makes use of AI to avoid wasting time and allow higher and extra proactive decision-making, the UAE based mostly firm defined.
“The prolonged deployment of AR360 by ADNOC is a vital endorsement of our know-how and reinforces the emergence of AIQ as a creating international AI provider for the vitality sector,” stated Magzhan Kenesbai, Performing Managing Director of AIQ.
“We’re dedicated to proceed driving larger operational efficiencies throughout the complete vitality worth chain, and in upstream operations specifically, and unlock larger worth for the business,” he added.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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