news

events, press and some insights from kwantis team

id3 presentation in Houston

id3 presentation in Houston

kwantis was invited at a digital workshop in Houston to present id3 as a successful application of digitalization in the upstream industry. Over the last 4 years id3 has analyzed more than 25000 days of drilling through more than 400 KPIs calculated in real time.

RESQML storage and distribution project

RESQML storage and distribution project

kwantis team is involved in a project to design and develop an application able to store RESQML file, the standard data format developed by Energistics to support the exchange among software packages used in the subsurface workflows. This solution allows to consolidate all subsurface data in a unique and organized repository, granting traceability of the information and speeding up the exploration and production workflow.

Strategic investment authorization project

Strategic investment authorization project

Thanks to its achievements in meeting facilitation and expertise in investment evaluation, kwantis is supporting a major Oil & Gas Company in the definition of a template for board evaluation of strategic investments. The project is following agile methodology involving all key stakeholders in the decision process.

kwantis impulse 2019

kwantis impulse 2019

kwantis team gathered in Italy for two days dedicated to team building and innovation. Many smiles, some sport and new ideas accompanied the team while exploring Lamborghini car factory, balsamic vinegar farm and wonderful cities on the hills close to Modena.

Open innovation prize

Open innovation prize

kwantis has been selected for the "Open Innovative PMI" prize in the category "Research and Technology". Thank you Grant Thornton for selecting kwantis among the most innovative small-medium enterprises, it is a great result that highlights the commitment of kwantis and its team in delivering innovative solutions for the industry.

Innovation Paper Award

Innovation Paper Award

Innovation Paper Award for Riskturn methodology at the Megaprojects conference in Italy! Thanks for the opportunity #MeRIT

Kwantis new registered office

Kwantis new registered office

Kwantis moved into its new offices in downtown Milan. New offices are larger, brighter and more functional to support the growing activities in performance and risk management, thanks to the success of the software solutions id3 and Riskturn.

Our new address is:
Kwantis SRL
Via Santa Sofia, 27
20122 Milan - Italy

Blowout Risk Assessment

Blowout Risk Assessment

kwantis developed a complex model in order to evaluate blowout probabilities and consequences in terms of duration and volume. The stochastic approach considers all possible natural, mechanical and human interventions and allows a more realistic risk assessment. This approach, already applied on several wells of a major European Oil&Gas company, allows to optimize the well design and to speed up the authorization process for new drilling campaigns.


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Quantitative Risk Assessment

Quantitative Risk Assessment

kwantis performed a comprehensive risk assessment on the extension of a large Central Processing Facility in Middle East. The objective of the analysis is to calculate potential delays and associated contingencies for the budget through Monte Carlo simulation.

Welcome Aishwarya

Welcome Aishwarya

kwantis is pleased to welcome a new colleague, Aishwarya Pabbisetti. Aishwarya, Indian, has a MSc in Computer Science and Engineering and previous experiences in software development for major e-commerce websites.