Archeon

Primary Production Management and Optimization

Make all key primary production field development and management decisions quickly and easily with Data Physics driven fast simulation models that match all your historical data and honor reservoir physics

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Build and validate predictive models in a matter of days that match all your historical production data

Run probabilistic forecasts to estimate P10-P50-P90 production and recovery in minutes for any operational scenario

Optimize BHPs/choke setting of wells to maximize production/recovery and identify workover candidates

Optimize infill well locations and number of wells to maximize production and recovery and minimize drilling costs

Quantitatively estimate the potential of transitioning the primary production field to waterflood

Quantify the impact of producer to injector conversions and prioritize wells to convert.

Prioritize well reactivation schedule based on biggest impact on current production

Quickly react to unforeseen circumstances such as unplanned downtime or well failures

Data Physics models solve for black oil reservoir physics similar to traditional reservoir simulators but is orders of magnitude faster

Understand your field through estimates of spatial variation of reservoir quality, pressures and saturations

Get an ensemble of models that all match your historical data to account for uncertainty and measurement errors

Get posterior distributions of reservoir parameters like porosity and permeability that match your historical data

Can be run locally or on Tachyus Cloud, with no infrastructure footprint or upfront compute costs

Tachyus’ Archeon application extends Aqueon, our breakthrough waterflood optimization application, to primary production. Aqueon has already been used to model many mature waterfloods all over the world and its real world impact validated by many operators.

How it works

In traditional reservoir management, various types of predictive models have been applied over the years for quantitative decision making. Such models range from the very simple analytical models (type-curves, etc.) to the very complex reservoir simulation models. Simulation models attempt to model detailed behavior of reservoir physics and integrate all kinds of measured data. However, many issues such as the significant time and effort required to build and calibrate these models, computational complexity, etc. generally make their practical application difficult.

Tachyus’ Data Physics is the amalgamation of the state-of-the-art in machine learning and the same underlying physics present in reservoir simulators. These models can be created as efficiently as machine learning models, integrate all kinds of data, and can be evaluated orders of magnitude faster than full scale simulation models, and since they include similar underlying physics as simulators, they have long term predictive capacity. The Data Physics based primary field development and management workflow is very fast and users can go from data preparation and modeling to decisions in a matter of days. Additionally, the models can be quickly updated with new data so that they always remain operationally useful.

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