news

events, press and some insights from kwantis team

Upstream Economics

Upstream Economics

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

Welcome Gerson

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

Fluids data joined id3

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

Onshore drilling real time performance

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
Kwantis 10th anniversary

Kwantis 10th anniversary

Kwantis is celebrating its 10th anniversary, proud of its achievements:
10 years of great collaboration with a flourishing team of young and enthusiast engineers
10 years of trustable and long-term commitments with its clients, major corporations worldwide
10 years of innovation, especially with the success of its software ID3-Integrated Drilling Data Discovery and Riskturn.

ID3 adopted by another top Oil Company

ID3 adopted by another top Oil Company

Kwantis has been awarded a contract for the deployment of ID3, its advanced drilling performance monitoring solution, for another of the top 10 largest Oil Company. This is the result of the constant innovation of ID3 as well as its unique approach for integrating and processing multi-source data and provide advanced analytics, as a key element of field digitalization.


ID3 - Integrated Drilling Data Discovery
Data quality for drilling digitalization

Data quality for drilling digitalization

Due to the recent developments in the digital sector, the drilling industry is now at the turning point where the "data quality" issue must be finally tackled and solved. kwantis is working with a major Drilling Operator in the implementation of a comprehensive system dedicated to measure the quality of all incoming real time data by means of relevant KPIs. The applications allows to monitor the results in real-time, in order to prompt a fast reaction should any data-quality problems appear.
Know more about our solutions and services on data management.


Data management services
Kwantis services continuity guaranteed during confinement

Kwantis services continuity guaranteed during confinement

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.

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.