Archive
19 articles · page 1 of 2
News
kwantis together with its partner Techedge is developing a web application for the pre-feasibility evaluation of Extended Reach Wells. The analytical model is engineered together with the R&D department of an International Oil Company and it is aimed at investigating the presence of main ERW drilling issues, such as…
News
kwantis is currently working with a major European oil company, on the improvement of kwantis’ performance tool ID3 to manage G&G (Geology and Geophysics) data for analytics and reporting. New data packages will include LWD (Logging While Drilling), MWD (Measurement While Drilling) and other sources of drilling data.
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kwantis is proud to announce that Repsol is now analyzing its drilling performance using kwantis big data analytics solution ID3 (Integrated Drilling Data Discovery).
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Great success at the ADIPEC 2018 in Abu Dhabi for the presentation of the paper ” Multi Source Data Analysis To Improve Drilling Efficiency, Reduce Costs and Enhance Performance Monitoring” prepared by Eni and kwantis. The paper summarizes the economic benefit of the implementation of ID3 in Eni drilling activities.
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It was such a wonderful opportunity to share approaches and lessons learned on uncertainties management with 100+ engineers and employees from different industries.
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Kwantis is pleased to invite you to the workshop “Uncertainty Management: a brighter vision for decision making” organized in collaboration with Edison Exploration & Production, the Society of Petroleum Engineers and the Milan Orders of Engineers.
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kwantis initiated a collaboration with Enereco, a major engineering company, in order to provide Project Risk Management services (integrated cost & schedule risk analysis) on a major field development in Middle East.
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kwantis, in collaboration with Eni and Politecnico di Milano, published an article in the scientific journal “Stochastic Environmental Research and Risk Assessment” (Volume 32, Issue 9, September 2018).
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Kwantis and its IT Partner Techedge are implementing their common solution Riskturn for a world leading tyre manufacturer. The purpose of Riskturn is to support the listed company to calculate EBIT at Risk and Return on Sales at Risk, thanks to its powerful and cloud engine for Monte Carlo simulation.
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Kwantis has developed a bidding optimizing model for a major energy service and contracting company in Middle East. This innovative and replicable model calculates the best price mix according to a number of objectives, constraints and variables related to each tender bid, maximizing the operating margin and the…
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Demonstrating the company’s commitment to efficient oil and gas data management, kwantis joined Energistics, a global consortium that facilitates the development, management and adoption of data exchange standards for the upstream oil and gas industry.
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Read about Kwantis innovative approach in today’s publication of Il Sole24Ore (main financial newspaper in Italy). It is described how Riskturn and id3 solutions are re-inventing strategic planning and performance management.