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Hi Community Members!We’ve recently published a cloud-based Virtual Flow Metering (VFM) system tailored for a late-life well with high water cuts. This solution employs a hybrid physics-data approach, delivering precise and near-real-time estimates of water production per well in gas fields.Link to the full article: https://www.sciencedirect.com/science/article/pii/S277250812300042X Enhancing Production OptimizationIn the oil and gas production domain, understanding the fluid composition and production rates of multiphase operations is crucial for effective planning and optimization. With wells yielding a diverse mix of oil, gas, and water, often with varying compositions, ensuring accurate measurements is essential for maximizing production efficiency. Ratios change in time, and this gets more and more important as the water cut grows in the late part of a water flooded well life. This article explores how Virtual Flow Meters (VFMs) offer a cost-effective alternative to traditional me
I am the Head of the Services delivery team in Cognite. The team I lead develops and delivers domain use cases based in CDF to our customers in O&G, manufacturing and renewables. I am going to focus here on what are the consequences of corrosion of industrial assets on the economy and the environment, as recently covered in a series of publications (see references section). The economic and environmental cost of corrosion is a significant issue and is much more severe than one could think. While several calculations methods have been used in various studies it is generally accepted that the direct costs of corrosion to the economy are equivalent to roughly 3–4% of a country’s gross domestic product (GDP) [1,2]. The main cost impact is due to the replacement of corroded steel in failing infrastructures (roads, railways, etc.) industrial equipment and buildings. As well, it has been qualitatively estimated that between 25 and 33% of the annual steel production is destroyed once in se
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