PEAK:: PROCESS :: PERFORMANCE ::™
In enhancing the discovery of new oil fields by using 3D and 4D, new ideas are being looked at in a number of discussions with leading technology companies across the globe. The collaboration into ways of enhancing data, using neural networks and artificial intelligence is one part of the innovation.
The other parts of innovations and research looks at new ways of gathering data and the miniaturization of "bulky" old drilling technologies. This will reduce exploration costs by more than 100 times and increase the precise location of wells. The new technologies in conjunction with available EOR systems is also hoped to increase efficiency in the Production stage and revitalizing reservoir qualities of even abandoned wells says Dr.Ali Abdullahi the Chief executive of Amsas Consulting.
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