Energy intelligence and data provider TGS has unveiled its cloud-based analytics platform, Well Data Analytics.
The analytics tool, according to TGS, is a comprehensive solution for benchmarking, predicting and optimizing well performance, “all while ensuring the highest quality and accuracy of data.”
Well Data Analytics brings together the industry’s largest underground data library, powerful visualization and advanced analytics, TGS said in its statement. The app offers users a streamlined and intuitive experience that improves productivity in their operations, he added.
Leveraging TGS’ extensive data portfolio, spanning all major US basins, this platform provides access to highly competitive well data in seconds, enabling efficient analysis and effective decision-making to drive critical business objectives , TGS noted. The simplified analysis tool also provides quick and easy access to extensive cloud-based well data resources that are already quality-checked and ready-to-use, the statement added.
“TGS has the largest and most accurate library of well data in the world, and we are pleased to announce that this new cloud-based platform realizes its full potential. The tool was meticulously designed with and for our customers and we are very proud of our collaborative approach At every stage of development, we actively involved our customers to ensure an exceptional user experience and impeccable data quality, including the valuable geological insights that serve as the cornerstone of Well Data Analytics ,” said Jan Schoolmeesters, Vice President of Digital Energy Solutions at TGS. .
Well Data Analytics, according to TGS, combines highly adaptable search workflows, multivariate map-based visualizations and analysis, advanced time series plotting, benchmarking tools and highly customizable dashboard layouts with high-quality well data and well performance data in a cloud-based application.
Within Well Data Analytics, users will have access to a wide range of essential data sets, the company noted. Quality control well data including headers, directional surveys, production metrics, completion details, well spacings, forecasts, EUR data, drill stem tests (DST), permits, geological data and formation tops, are seamlessly integrated into the application’s robust infrastructure. TGS noted.
In addition, TGS recently enhanced its Wind AXIOM, the information platform that helps offshore wind developers explore high-value areas, with the addition of unexploded ordnance analysis in call areas of the Central Atlantic.
Unexploded ordnance (UXO) and remnants of military activity pose significant HSE and cost risks to offshore wind farm development and are routinely assessed as part of a wind farm site assessment, said the company in a separate statement.
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