FLUX Virtual Flow Meter
Real-time, self-adjusting, 3-phase virtual flow meter
Flow simulations facilitate production optimization by monitoring and by planning the flow of oil and gas in wells and pipelines. Production optimization can focus on a wide range of efficiency objectives such as maximizing production outputs, cost-effective operations or carbon-effective production targets.
Our FLUX Virtual Flow Meter (FLUX VFM) provides real-time flow rates that allow for accurate predictions through the life of the asset. The underlying models are self-adjusted to ensure the most accurate outcome at any time. Such automation and self-adjustment allows for a more scalable, accurate and economically-viable solution in the market.
Our hybrid technology combines the predictive capabilities of physics models with the self-improving capabilities of machine learning over time. Our technology also includes a scenario mode, in which the operator can experiment with the flow of a well, e.g. by reducing the lift gas rate, and with that analyze well flow rate behavior and optimize the production accordingly.
We have deployed our VFMs both on offshore and onshore assets globally, and are working in close partnership with Wintershall Dea, Petronas, Aker BP and Pioneer Natural Resources, amongst others.
Sample Use Cases
- Monitor your production to reduce well testing frequency
- Accurate Virtual Flow Rates for Late Life Assets
- Optimize your production to reduce gas flaring
Specification Title | Specification Description |
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Areas of Application
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Production monitoring and optimization
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Application
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Real-time VFM that accurately predicts the 3-phase flow rates in wells through the lifetime of an asset
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Scenario-Mode
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Enables additional workflows on top to investigate and optimize different operations
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Self-adjustment
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Automatically updates the underlying models (Physics-based and Machine Learning models) to ensure the most accurate outcome at any time
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Deployment
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Cloud-native solution; preferable cloud deployment
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Connectivity
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Securely connects to data platforms, databases, and historians to retrieve sensor and reference data
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Rest-API
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Secure access through a rich interface
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Reviews
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[9/9]
Relative Business Impact
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