TGS has launched an analytics platform

The analytics tool offers an affordable and comprehensive solution for benchmarking, predicting, and optimising well performance, all while ensuring the utmost data quality and accuracy.

Well Data Analytics brings together the industry’s largest library of subsurface data, powerful visualisation and advanced analytics. The application provides users with a streamlined and intuitive experience that enhances productivity across their operations. By leveraging TGS' extensive data portfolio, which encompasses every major U.S. basin, this platform offers access to highly competitive well data within seconds, enabling analysis and effective decision-making to drive essential business objectives. The streamlined analytics tool also provides fast and easy access to vast cloud-based well data resources.

Jan Schoolmeesters, EVP of Digital Energy Solutions at TGS, said: “TGS holds the largest and most accurate well data library in the world, and we are excited to announce that this new cloud-based platform harnesses its full potential. The tool was meticulously designed with and for our customers and we take great pride in our collaborative approach. At every stage of development, we actively engaged our customers to guarantee an exceptional user experience and impeccable data quality, including valuable geologic insights, which serve as the cornerstone of Well Data Analytics.”

Well Data Analytics combines adaptable search workflows, multi-variate map-based visualisations and analytics, time-series plotting, benchmarking tools, and highly customisable dashboard layouts with high-quality well data and well performance data in a cloud-based application. These features allow users to benchmark, predict and optimise well performance easier and with more accuracy.

Within Well Data Analytics, users will gain access to a wide array of essential datasets. Quality-controlled well data, including headers, directional surveys, production metrics, completions details, wellbore spacings, forecasts, EUR data, Drill Stem Tests (DSTs), permits, geological data and formation tops, are integrated into the application's solid infrastructure.

The platform's highly customisable visualisations and analytics enable users to intuitively explore and analyse these datasets. Configurable map layers, production plots, type curves and bubble map visualisations provide dynamic data representations, allowing users to identify patterns and trends with exceptional clarity.

Additionally, the platform facilitates presentation-ready exports and images in seconds, making sharing insights and findings with colleagues, stakeholders and clients easier.

Read the article online at: https://www.oilfieldtechnology.com/digital-oilfield/13062023/tgs-has-launched-an-analytics-platform/