events, press and some insights from kwantis team
We at kwantis want you to know that, during this unprecedented time, we are taking all of the necessary steps to ensure the health and well-being of our team while continuing to remain fully operational. We understand that our customers rely on our solutions (id3 and Riskturn) to make complex decisions, and we are committed to making sure that all our services remains available.
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.
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.
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 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.
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 for Riskturn methodology at the Megaprojects conference in Italy! Thanks for the opportunity #MeRIT
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
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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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.
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SUMMARY
We make no effort to identify public users of our site. No identifying data is disclosed to any third party for any purpose. Data that we collect is used only for site administration and researching the efficacy of our tools.
GENERAL
This statement describes how personal data of public users of our website kwantis.com are eventually collected.
This statement is given in accordance with article 13 of Italian legislative decree n. 196/2003 concerning the handling of personal data.
This statement applies only for the website kwantis.com - and not for other sites that might be reached by the user by following links to contents external to kwantis.com.
DATA CONTROLLER
The "controller" of the users' data as defined by the l.d. 196/2003 is the CEO (Amministratore Delegato) of kwantis S.r.l., based in Milan (Italy), Piazza Quattro Novembre, 7 - 20124.
DATA COLLECTION
All data are processed by kwantis S.r.l., and are not disclosed to any third party for any purpose.
Personal data (such as name, email address, and other personal data voluntarily given by the sender) of users who request various material and/or information (such as marketing brochures, company information, answers to technical and commercial enquiries, etc.) are used only to expedite the user's request.
TYPES OF DATA
Our website functionality relies on Information Technology systems and software that collect users' navigation data. This data collection is indeed implicit in the most common Internet communication protocols.
As is typical, we log http requests to our server. This means that we know the originating IP (e.g. 18.29.0.1) address of a user agent requesting a URL, the timestamp of the requests, the request method, and other parameters such as the operating system of the user. This data is only used for administration and researching the efficacy of our tools.
We do not log the specific identity of visitors. We occasionally analyse the log files to determine which files are most requested. We do not use technologies such as cookies to maintain any information on users. Session cookies could be generated in order to allow protected and efficient navigation on our website.
DATA PROCESSING METHODS
Logged information is kept indefinitely as admistrative and research material, not disclosed outside of kwantis organization. Aggregate (completely non-identifying) statistics generated from these logs may be reported as part of research results.
DATA SUBJECT’S RIGHTS
Users have the right to obtain confirmation as to whether or not personal data concerning him exist, and has the right to obtain updating, rectification or, where interested therein, integration of the data. Furthermore, the cancellation of unlawfully completed data can be required, and all further rights (in accordance with article 7 of Legislative Decree 196/2003) regarding establishment of contact with the retainer of the data (kwantis S.r.l.) may be exercised. Such requests will have to be directed to the kwantis data controller.
