Mahmut Sengul, Noven Inc.
The advent of low-cost IoT systems powered by AI/ML Algorithms provides new production optimization tools available at the well site to achieve the digital transformation in the onshore oil and gas business. The unique capability of well diagnostic at the edge opens new opportunities from artificial lift to production optimization. The goal is to improve overall efficiency by reducing failures, anticipate deteriorating operating performance by timely introducing mitigation options. To demonstrate the value of the technology we have selected the underprivileged sucker rod pumping wells and developed diagnostic capabilities for these wells. Technology Solution designed and sensors, gateway manufactured in the USA. It gives an opportunity to customize the system for addressing the needs of unconventional, marginal fields, stripper wells. In this talk, early technology solution development and field case studies will be presented.