events, press and some insights from kwantis team
Come to visit kwantis booth at the IADC Conference & Exhibition in Milan on 19-20th June 2019. During the Conference kwantis will also make a presentation together with Saipem regarding id3 application, under the title "Multi Source Data Analysis to Drive Drilling Excellence".
Conference website
Kwantis will participate to the 17th Oil, Gas & Petrochemical Engineering Exhibition, happening from 18th to 20th June 2019 in Kuala Lumpur, Malaysia. Come and have a live demo of our ID3 solution for drilling optimization on Eftech stand 4413 in Hall 4.
Exhibition website
kwantis is now a member of IADC, in order to support the deployment of id3 solution among drilling contractors. IADC (International Association of Drilling Contractors) is the forum for all oil and gas drilling industry stakeholders to connect, share knowledge, and develop solutions to critical issues.
IADC certificate
kwantis is pleased to welcome a new consultant, Seda Mizrak. Seda, Turkish, has a MSc in Civil Engineering and previous risk management experiences in major infrastructure projects.
kwantis is extending ID3 functionalities providing an enterprise Data Hub capable of acting as a single entry point for all digital data coming from the drilling field. ID3 Data Hub has been configured for a major Oil&Gas client, feeding real-time machine learning models for failure prediction with a full integration with Company Hadoop-based data lake.
ID3
kwantis renewed the collaboration with Enereco, providing an Integrated Cost & Schedule Risk Analysis on a major field development in Middle East. An intense workshop, together with a major European oil Company, allowed to highlight main project risks, define accurate cost estimations and drive the mitigation plan to secure project objectives.
A publication about Riskturn solution for Upstream Portfolio Management is available in the last Technical Bulletin of Society of Petroleum Engineers (SPE) - Italian Section. The solution provides a complete assessment of single assets and portfolio of assets, including all fiscal models specific to the Oil & Gas Industry. Riskturn is distributed in 3 versions: Investment Evaluation, Enterprise Risk Management, and Upstream Portfolio. Stay updated!
Download article
On Thursday 28 March, kwantis will present an application of Riskturn at the #OMC2019 conference in Ravenna. The presentation will be about "An innovative approach for portfolio analysis and investment decisions in the Oil and Gas industry". Looking forward to meeting you there!
Read about Kwantis new publication on the last Technical Bulletin of Society of Petroleum Engineers (SPE) - Italian Section. Inside, you can find some hints and techniques on risk management and how to manage uncertainties with a quantitative approach.
Read the full text
A major Drilling Contractor has selected ID3 (Integrated Drilling Data Discovery) to monitor the performance of its Onshore activities. ID3 is providing a Reporting Module (IADC compliant), a Current Performance Module for real time analytics and a Multi Rig Module for the benchmark of several rigs on detailed KPIs. ID3 is the backbone of the digitalisation process, gathering, consolidating and analysing all data form the field.
ID3 websiteKWANTIS - COPYRIGHT NOTES
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