New digital offering from Tracerco

Tees Business Digital Media Pack

Teesside-based oil and gas service company Tracerco, part of Johnson Matthey, is expanding its reservoir surveillance capabilities with the launch of its new digital offering – the Tracerco Insights Platform.

Tracerco supplies a wide range of innovative technologies to measure and characterise process conditions and diagnose operational problems across the petroleum industry.

Building on more than 40 years of experience in providing reliable reservoir flow data, the Tracerco Insights Platform delivers information in a fast, secure and convenient way, allowing operators to adapt field development strategies, quickly and with confidence.

With rapid tracer interpretation and cloud-based reporting, the Tracerco Insights Platform provides an efficient method for information transfer that can be customised to meet specific customer needs.

In both conventional and unconventional reservoirs, the data generated allows operators to fully quantify oil, gas and water production contribution from along a wellbore or measure the effectiveness of injection water or gas used during field flooding.

Paul Hewitt, Billingham-based Tracerco’s reservoir business director, said: “The Tracerco Insights Platform opens up a new and exciting digital pathway for our reservoir surveillance offering.

“It provides our customers with an innovative solution to track project status, interpret tracer data, visualise reservoir flow, more easily highlight key findings and openly discuss results through two-way dialogue.

“Using the data, it allows critical reservoir development decisions to be made quickly and confidently.

“In the case of unconventional wells, drilling, completion and geological knowledge is automatically integrated with tracer flow information to provide important stage productivity insights.

“This allows well landing, stage location, stage design, well spacing and formation selection to be optimised, which in turn, enables our customers to increase hydrocarbon recovery, reduce costs and maximise their return on investment.”

The Tracerco Insights Platform is the latest addition to the firm’s reservoir surveillance offering and will provide a step change in the industry to help guide future field development strategies and increase the efficiency of hydrocarbon recovery. To find out more, please email tracerco@tracerco.com

Tracerco’s specialist technologies are used to increase production, reduce operating costs and optimise shutdown programmes.