FLUX Virtual Flow Meter

0 Reviews
1 Follower
4 Deploys

Real-time, self-adjusting, 3-phase virtual flow meter

Page last modified
April 11 2024

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

 

Pros & Limitations
1
Accurate, continuous 3-phase flow rates
1
Offer virtual sensor information (pressure, temperature) at any location in a well
1
Scenarios: Look-ahead/what-if modeling to avoid challenges and optimize operations in the near future
1
Learnings: investigate historical events to improve future operations
1
Production optimization, including artificial lift optimization, reducing well testing frequency and test separator counts
0
Dependant of sufficient sensor data
0
Cloud deployment preferential
Specification
Specification Title Specification Description
Areas of Application
Production monitoring and optimization
Application
Real-time VFM that accurately predicts the 3-phase flow rates in wells through the lifetime of an asset
Scenario-Mode
Enables additional workflows on top to investigate and optimize different operations
Self-adjustment
Automatically updates the underlying models (Physics-based and Machine Learning models) to ensure the most accurate outcome at any time
Deployment
Cloud-native solution; preferable cloud deployment
Connectivity
Securely connects to data platforms, databases, and historians to retrieve sensor and reference data
Rest-API
Secure access through a rich interface

Reviews

Get access to reviews

to your explorer or platform subscription to get access to the reviews written about this technology.

Technology Readiness Level

The Technology Readiness Level (TRL) indicates the maturity level of novel technologies. Learn more about the TRL scale used by us.

[9/9]

Development Technology demonstration Mature / Proven
Ask the supplier
 to contact this technology supplier.

We deliver real-time three-phase flow simulations for production monitoring and optimization through our virtual flow metering (VFM) application and other advisers (flow instability insights, wax deposition etc). These simulations are based on our proprietary simulator FLUX Simulator; the underlying hybrid modeling approach combines physics-based and machine-learning models. We have seen this approach to provide superior accuracy and the ability to address a broader range of use cases than physics or machine learning alone. 

We put high emphasis on our solutions to be made easily available and be flexibly consumed, with low maintenance (cost) required. Our applications are cloud-native, integrate to third-party applications and data sources through an open-API, self-calibrate for consistent assurance of up-to-date, quality simulations, which equips the client to take effective production decisions. Overall, this allows for a more scalable, accurate and economically-viable approach in the market.

Contact: +47 46 53 15 93
Visit website

Relative Business Impact

Solution Deployed By
Company Name

to your explorer or higher plan to get access to all the 4 deployment references.

Last Deployment YearTotal DeploymentsComment