Speedwise®

artificial intelligence is disrupting the oil & gas industry, but not all ai is created equal. speedwise®, a cloud-native ai-powered multi-disciplinary reservoir management platform, maximizes asset’s value (i.e., increase production, reserves, and capital efficiency) while delivering significantly faster, more accurate results. while there is no 1-to-1 comparison to speedwise® in the market, speedwise® offers a top-down reservoir management approach. the solution applies hybrid modeling (combining physics-based and data-driven approaches) and aims for optimum complexity by addressing both bias and variance in the system. also, the synergy derived from merger of domain experts and ai in the process (i.e., “augmented ai”) ensures that the results are actionable (i.e., they are aligned with overall reservoir management strategy and satisfy pertinent engineering and economic constraints). an example use case is integrated well planning, where several aspects are considered to plan the ne