Cold Bore Technology, a frontrunner in fracking completion optimization know-how based mostly in Calgary, AB, introduced that one of many largest oil producers in North Dakota’s Bakken Formation has built-in the corporate’s proprietary SmartPAD know-how.
The SmartPAD platform permits for extremely high-resolution operations knowledge to be captured, analyzed and acted on in real-time. This ends in larger ranges of effectivity, elevated transparency and a safer onsite atmosphere for employees.
Although it’s at the moment deployed with fracking operators all through North America, together with six of the highest 10 producers, these characterize the primary integrations of the platform within the Bakken area.
“We’ve seen curiosity in our SmartPAD know-how develop exponentially within the final 12 months and I’m more than happy to now have our first integrations within the Bakken which is the third largest U.S. shale oil area, behind Texas’ Permian,” mentioned Brett Chell, President at Cold Bore. “We do anticipate additional producers within the area to start integrating the know-how over the approaching months as area outcomes display the numerous worth of getting real-time entry to extremely high-resolution knowledge.”
Benefits of SmartPAD integration for producers embrace:
• Remote visibility of onsite operations in real-time
• Reduced downtime
• Precise identification of common service working occasions
• Increased pad effectivity and lowered completion prices
• Mitigation of a number of main issues of safety together with trapped stress, leaking valves and scorching zone incidents
Cold Bore’s patented SmartPAD makes use of a mix of valve positioning, stress monitoring sensors, area knowledge assortment programs and proprietary software program to completely digitize completions operations.
The monitored knowledge units drive an automatic algorithm that tracks and data the beginning and completion of every exercise carried out by a number of onsite service distributors – together with frac, wireline, pump down and several other others – all the way down to the second. The real-time knowledge can then be remotely accessed by these monitoring operations from wherever on the planet.
(Source: Cold Bore Technology)
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