kwantis paper @ IADC Conference

October 2020

Eni, the Italian largest energy company, will present a paper written together with kwantis at the 2020 IADC International Well Control Conference on 13th-14th October. The paper describes the process to evaluate the blowout risk, by far the most significant threat to upstream activities, in terms of probability of occurrence and impacts. The approach combines a fault tree analysis for the evaluation of causes of blowout, and Monte Carlo simulations for the estimation of consequences in terms of potential spill.

Conference website

Welcome Matteo

October 2020

kwantis is pleased to welcome a new colleague, Matteo Morando. Matteo, Italian, has a BSc in Computer Science and Engineering and a solid expertise in algorithm development.

ID3 trusted by Enel Green Power

October 2020

Enel Green Power, the largest player in renewable energy by installed capacity, has selected kwantis solution ID3 (Integrated Drilling Data Discovery) to monitor the performance of its geothermal drilling activities. ID3 is providing a Reporting Module that includes a complete set of ready-to-use reports and a Multi-Well Module for the benchmark of several wells through detailed KPIs. Digitalization process has started also in the renewable sector and ID3 is part of the transformation, by gathering, consolidating and analyzing all data from the field.

ID3 - Integrated Drilling Data Discovery

New Completion tab available in ID3

September 2020

Optimize completion operations through accurate KPIs ready in your ID3 dashboard thanks to powerful algorithms and the integration of reporting and sensor data. Performance on tubing and screen running, packer setting, tubing perforating and many other activities will have no more secrets.

ID3 - Integrated Drilling Data Discovery

Welcome Andrea

September 2020

kwantis is pleased to welcome a new colleague, Andrea Felloni. Andrea, Italian, has a MSc in Nanostructured Materials Engineering and a previous experience in the research area at the Ecole Normale Supèrieure in Paris.

Doing Business in Cyprus Energy Industry

September 2020

Andrea Montanaro, kwantis project leader, on the 16th September 2020 will participate in the round table "Doing Business in Cyprus & the Eastern Med Oil and gas Industry" inside the Eastern Mediterranean Energy Conference. During the debate, practical considerations of setting up in Cyprus in this current climate will be discussed, analysing risks and solutions from corporate strategies, license bidding, HSE, CSR, employment law & recruitment.

Join the conference here

Upstream Economics

September 2020

Kwantis participated to the SPE Virtual Workshop "Petroleum Economics - Solution Provider to Game Changer", presenting a case study dealing with the decision-making process for portfolio management in un uncertain environment. The risk-based approach is supported by Riskturn a powerful kwantis software to perform probabilistic evaluation of single assets and portfolio of multiple assets.

Riskturn

Welcome Gerson

July 2020

kwantis is pleased to welcome a new colleague, Gerson Enriquez. Gerson, Peruvian, has a BSc in Computer Science and Engineering and a previous experience in front end and back end development in consultancy.

Fluids data joined id3

June 2020

Now all fluids data (volumes, rheology, mud properties, chemical consumption) can be managed by ID3 - Integrated Drilling Data Discovery, kwantis solution for drilling optimization.
Easy collection: direct data gathering from the rig site through WITSML stream.
Quality and consistency checks: secured data consolidation in an unique database.
User-friendly analysis: data available in your favourite ID3 dashboard.

ID3

Onshore drilling real time performance

May 2020

kwantis engineers went on rigs sites in Saudi Arabia and Kuwait to install ID3 solution for rig operations real time performance monitoring. In one day per rig, the installation provided installation of dedicated hardware, deployment of the software, connection to rig sensor converter and finally onsite training to the rig crew, so they can immediately make the best of ID3 edge analytics to improve performance, reducing Invisible Lost Time and Non Productive Time.

ID3 Real Time Performance