Most E&P companies overly rely on manual processes and heuristics to manage well performance. One such operator in Texas with a geographically distributed field of over 2,000 gas wells saw a sharp decline in operating cash flow due in large part to inefficient optimization processes. The company searched for solutions that would streamline operational practices and improve well margins focusing on these areas:
- Daily operations prioritization
- Repetitive process automation
- Predictive maintenance alerts
- Greater optimization scale across field
- Performance metrics reporting
