By ET Bureau - July 23, 2019 2 Mins Read
As US operators develop their shale oil and gas assets with tighter budgets, their demand is continually increasing for superior technology that improves completion performance. This industry dynamic for greater fiscal discipline is the context for the development of the DSCVRi engine—in addition to all other Reveal Energy Services’ technology—that allows operators to consolidate their hydraulic fracturing results in one web portal and quickly identify stimulation design patterns. With this information, operators can complete better wells at a lower cost.
“In this age of fiscal discipline, we’re continuing to develop technology that offers immediate answers operators can act on,” said Sudhendu Kashikar, CEO of Reveal Energy Services. “With the DSCVRi engine, operators can determine the hydraulic fracturing strategy with the highest ROI.”
The DSCVRi engine, the company’s second technology commercialization in five months and seventh overall in three years, has data from the region, well, and stage levels. The web portal includes their Reveal Energy Services’ IMAGE Frac™ pressure-based fracture map and FracEYESM frac hit analysis service data, all in a central location with consistent formats and reports. Combined with the interactive, standardized dashboards, the web portal lets operators test ideas and arrive at statistically valid conclusions through a continual improvement and learning process.
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
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