Archive
18 articles · page 1 of 2
Processes digitalization
ID3 users have now the possibility to associate equipment used on the rig with the IADC codes used for forecasted operations. This new development, along with the usage of lookahead feature, allows the users on the rigs to have a detailed timeline integrated in the Reporting module that shows the planned usage of the…
Project risk management
Recent business trends have proven that companies are growing more and more keen on assessing their Environmental, Social & Governmenet (ESG) risks. However, there is a lack on the market of tools that address ESG quantitatively.
News
We are pleased to announce that Kwantis is among the Growth Leaders 2022. The ranking, edited by Sole24Ore and StatistaCharts, lists the 450 Italian companies with the most significant compound turnover growth in the 2017-2020 three-year period.
Events
Kwantis participated in the 2021 edition of ADIPEC in Abu Dhabi to present two projects followed together with two clients: - a resulting paper related to the digitalization for GHG Emission Reduction that demonstrates how data management can support lower carbon footprint in the upstream industry - a paper related to…
News
Kwantis is listed among Italians “Campione della Crescita 2022”! This award is given to the 650 Italian companies with the highest growth in turnover for the three-year period 2017-2020, by the German quality institute ITQF and the newspaper La Repubblica A&F.
Project risk management
Riskturn 3.0 comes with a new feature. Now it is possible to enter macroeconomic scenarios for your models. They can be used for what-if analysis or as risked variables for Monte Carlo simulations. You can also integrate different scenarios in your portfolio analysis.
Data engineering & analytics
kwantis completed the design and development of an integrated solution to manage all real time data from the field. The software, implemented for a major energy player, allows the collection, preparation and distribution of the data within the entire organization, granting accessibility and auditability.
Performance Optimization
kwantis software ID3 has been selected by one of the largest Asian global energy Company to measure and improve the drilling performance of a challenging exploration campaign. ID3 software is supporting the engineering team during the real time monitoring of the KPI and the definition of the plans for the next wells.
Processes digitalization
id3 reporting is now more powerful than ever with the newly released Lookahead feature. The new Lookahead lets the user plan the entire well in advance in the headquarter and sync it with the rig. This simplifies the Timelog insertion by giving each day the list of planned activities.
Project risk management
Riskturn has released a new feature that integrates Monte Carlo simulations to Portfolio Management. You can now create portfolio models and consolidate assets. With Monte Carlo simulations it is possible to calculate future trends of Portfolio KPIs, such as ROI and IRR.
Drilling
kwantis presents a paper, co-authored with Eni, in the OMC Med Energy Conference and Exhibition 2021. The paper summarizes the results of a project dedicated to design and develop an innovative software able to measure in real time the quality of the data coming from the drilling operations.
Events
Kwantis is participating in the OMC Med Energy Conference and Exhibition 2021. We will have the opportunity to present a couple of Technical Papers on risk management and digitalization, results of innovative projects performed over the last few years with our clients.