BHC3 Production Optimization
An Enterprise AI software application to visualize, analyze, and optimize upstream production operations
Efficiency of existing operations and investments in upstream operations requires a new approach. As demand and pricing continue recovery, the energy industry must balance a world that needs more energy – and more from energy. Cleaner, safer energy production is needed to meet demand while furthering the energy transition.
Explore how BHC3 Production Optimization uses supervised and unsupervised machine learning techniques that leverage both physics and data-based techniques to provide real-time alerts, by using a system-of-systems approach that can scale to any number of assets. BHC3 Production Optimization increases revenue and prevents production loss, resulting in:
- 2–5% increase in hydrocarbon production from holistic injection optimization
- 15–25% improvement in hydrocarbon production forecast accuracy
- 5–10% decrease in production costs caused by inadequate physical sensors
With an easy-to-understand explanation, comparison with alternative approaches, and a case study, this eBook is a valuable resource for any Oil & Gas leader considering the use of AI-based Production Optimization in their operations.