Neptune Energy Group Holdings Ltd.

07/15/2021 | Press release | Distributed by Public on 07/15/2021 01:48

Neptune's wells digitised with gaming tech to enhance produc…

15/07/2021

Neptune Energy today announced the digitalisation of its portfolio of subsea wells in Norway, using an innovative data visualisation platform based on 3D gaming technology to enhance drilling and production efficiency, and reduce time and costs.

The new digital twins of Neptune's wells were developed in collaboration with InformatiQ, a leading oil and gas data visualisation specialist that combines infrastructure, wells and geology data to create detailed 3D models.

The developer's GeologiQ cloud-based software combined raw E&P data in 3D and 2D environments and used 3D gaming technology to enable Neptune's drilling and wells teams to visualise both historical and live data to improve well design and incorporate learnings in future operations.

Neptune Energy's Director of Drilling & Wells for Norway, Thor Andre Løvoll, said: 'By digitalising all subsea wells within our Norwegian portfolio we have greatly improved our ability to plan interventions, monitor drilling and production operations in real-time and gain better understanding of the wells' history.

'Investing in innovations such as these improves efficiency by enhancing communication, interaction and decision-making across our business.'

This latest digital innovation for Neptune's assets follows the creation of digital twins of several of its operated platforms in the Norwegian, UK and Dutch sectors of the North Sea, enabling offshore site inspections and maintenance planning to be carried out from onshore.

Neptune has also implemented Virtual Reality technology, originally developed to train astronauts travelling to the International Space Station, on the Neptune-operated Gjøa platform.

Neptune Energy's Chief Information Officer, Kaveh Pourteymour, added: 'The goal of our digitalisation strategy at Neptune is simple: it's how, through technology and digitisation, we can support production efficiency and growth. By applying technologies smartly, we can maximise efficiencies and reduce waste in every area of our business.'

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Notes to editors:

• Video illustrating the subsurface digital twin: https://vimeo.com/574801356/09eed8dcbf
• Press release: Digital twins created for five Neptune Energy platforms
• Press release: Virtual reality pilot for Gjøa platform

For media inquiries:
Gavin Roberts
07704308138
[email protected]

About Neptune Energy Group
Neptune Energy is an independent global E&P company with operations across the North Sea, North Africa and Asia Pacific. The business had production of 142,000 net barrels of oil equivalent per day in 2020 and 2P reserves at 31st December 2020 of 601 million barrels of oil equivalent. The Company, founded by Sam Laidlaw, is backed by CIC and funds advised by Carlyle Group and CVC Capital Partners.
More information: www.neptuneenergy.com