Taking engineering calculations historically limited to planning phase into operations
Instead of leaning on “worst case” scenarios from the planning phase, decisions can be made during operations. Oliasoft supports a range of real-time use cases, such as:
When a well is set up in Oliasoft WellDesign, an “as drilled” version of the well can be automatically created. Engineering components of this well can then be calculated in real-time. Current use cases for real-time capabilities of Oliasoft WellDesign:
Oliasoft WellDesign can be connected to a real-time data stream from the operation to automatically update the design and monitor critical design parameters.
Nabors Industries are using Oliasoft WellDesign APIs to do real time anti-collision and error modelling that enables their automated drilling suite to provide updated real-time statistical safety factors. Thus minimizing the probability of collisions with existing adjacent well-bores.
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Our mission is to develop software that helps drilling engineers make cost-efficient, safe and effective oil wells
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