NeuralCompass
The well flow rate estimation problem is at the heart of true production optimization. Unless we know what each well is producing at any given time, optimization in real-time becomes impossible. However, in a recent study we did in-house, we found that existing VFM and MPFM solutions in the market typically achieve an error of 20% or less for only 50% of all test points. Naturally, the well-maintained solutions achieve a greater performance but with typically high maintenance costs.
Over more than 10 years, our team has worked on developing our data-driven VFM NeuralCompass (NC). The solution utilizes state-of-the-art machine learning combining neural networks with multi-task learning, Bayesian inference, and online learning to offer the market high-quality flow rate estimates with 90% less effort. Using our platform ProductionCompass AI we take advantage of our Squashy data mining algorithms to ensure automatic calibration with high quality and relevant data.
Below you see an example of a high-fidelity NeuralCompass flow rate estimate together with auto-detected steady-state intervals in gray detected by our Squashy algorithm.
Our NC flow rate estimates can be used in well monitoring, providing situational awareness for engineers in between well tests. NC-VFM can be used as a stand-alone product or as a backup system to an MPFM. The flow rates are also appropriate to use in downstream applications such as allocation, production optimization, or reservoir modeling. In the following section, we will deep-dive into our allocation service FlowFusion. Although we recommend using NC-VFM in FlowFusion, the service is fully operable without NC-VFM using rate estimates that you already have access to such as MPFMs or other VFMs.
Our research and development in this space is happening at great speed, and all our existing and potential clients can expect great advancements in this area. We have published several papers on the topic, with yet more in the pipeline. You can find our newest publications here:
Get in touch to hear more and see our latest results!