Oleum Technology

Offering Environmentally Advanced AI Solutions For Optimization of Oil Wells

Oleum Technology

Offering Environmentally Advanced AI Solutions For Optimization of Oil Wells

RESULTS

TEXAS PERMIAN:
– Increases Production on average between 15%-40% and  in some cases up to 90%
– Increased Gas by +33%
– Average Water Cut -2%

COLOMBIA:
– Increased BOPD by +22.5%.
– Water Cut -2.25%

MEXICO:
– Increased BOPD by +44.6%.
– Water Cut -18%

BENEFITS

Produced by SIP (System of Integrated Production)

Increased Production – Increased Profits – Quick ROI – Reduced OPEX – Transformed Pump Efficiency – Environmentally Safe – Eliminates Gas Emissions – Reduces Water Cuts

CURRENT USERS OF SIP TECHNOLOGY

Chevron (Midland) – Devon Energy (Midland)  – Exxon – Diamondback – Pemex (México)
Soon to be deployed at:
KOC (Kuwait) – PDO (Oman)

SIP Technology

SIP is an AI-driven well pressure control system. It includes Oleum’s own casing back pressure valve and integrates the operator’s tubing valve to control the pressure above and below the pump from the cloud. SIP’s use of AI, in addition to data from its own sensors and the pump, enables it to learn each well and produce the following results:

1) Resolves gassification issues in all pumps, including gas lock, gas interference, “burping”, etc
2) Increases oil production between 15% – 40% and sometimes more in cases where SIP mitigates gas lock
3) Stabilizes the pump, increases pump efficiency and extends pump life on ESP’s and rod pumps
4) Decreases OPEX and CAPEX and therefore increases company revenues and profit

SIP Technology

SIP is an AI-driven well pressure control system. It includes Oleum’s own casing back pressure valve and integrates the operator’s tubing valve to control the pressure above and below the pump from the cloud. SIP’s use of AI, in addition to data from its own sensors and the pump, enables it to learn each well and produce the following results:

1) Resolves gassification issues in all pumps, including gas lock, gas interference, “burping”, etc
2) Increases oil production between 15% – 40% and sometimes more in cases where SIP mitigates gas lock
3) Stabilizes the pump, increases pump efficiency and extends pump life on ESP’s and rod pumps
4) Decreases OPEX and CAPEX and therefore increases company revenues and profit

Contact Us

+52 (55) 5202 3600

Info@oleumtechnology.com.mx

Our Offices

Av. Paseo de las Palmas 820-604, Lomas de Chapultepec, Miguel Hidalgo, 11000, CDMX, Mexico

General Manager

Ender Boscán

eboscan@oleumtechnology.com.mx

+52 (921) 326 0397

 

Copyright by Oleum Technology S de RL de CV 2024