The Upstream Data Analyzer (UDA) from Greenojo is a certified SAP HANA solution designed to enhance the oil and gas industry’s upstream operations. It offers instant visualization and predictive analysis of logs, leveraging advanced AI and ML algorithms to reduce Non-Productive Time (NPT) and forecast subsurface characteristics and drilling plans.
Overview
Business Challenge
The oil and gas industry encounters significant challenges, including optimizing drilling operations, minimizing non-productive time, and avoiding drilling incidents due to unforeseen subsurface conditions. These issues lead to increased costs and operational inefficiencies.
Business Objective
The primary goal of UDA is to improve operational efficiency and safety in upstream oil and gas activities by delivering real-time data analysis and predictive insights. This helps in making informed decisions, optimizing drilling plans, and reducing risks associated with drilling operations.
Solution
UDA integrates predictive models and AI/ML algorithms to analyze real-time data from various sources. Key features include:
- Lithology prediction
- Drilling plan optimization
- Non-Productive Time (NPT) reduction strategies
These capabilities enable operators to foresee potential issues and make proactive adjustments to their drilling strategies.
Business Value
Implementing UDA leads to several benefits:
- Enhanced decision-making capabilities.
- Reduced operational risks and incidents by 25%.
- Increased efficiency and productivity, resulting in a 20% reduction in operational costs.
- Significant cost savings by minimizing non-productive time, potentially saving up to $500,000 per well.
- Improved safety and reliability of drilling operations.
These advantages contribute to the overall profitability and sustainability of upstream oil and gas activities.
