Every sound that results from drilling for oil and gas is part of a seismic concert of information.
The full depth of the show hasn鈥檛 been accessible to humans 鈥� imagine a faint AM radio signal from a distant station. Now, with advances in sensors to detect the noise and artificial intelligence (AI) to interpret it in real time, the music is getting clearer, delivering information that can help save or make millions of dollars.
Momentum AI, a startup based in Oklahoma City, has built a software platform that does just that.
鈥淎lmost everything in the field downhole in production makes some kind of noise,鈥� Scott Davenport, Momentum鈥檚 CTO, said in an interview with Hart Energy. 鈥淲e can train a model to understand what the normal noise sounds like and filter out all the other noise and lifts for anomalies and report on those and tell exactly what they are.鈥�
At a wellsite, the technology can help operators avoid costly fracture-driven interactions (FDI) 鈥� subsurface potholes that can damage the equipment, delaying production. Minimizing FDI magnitude can also help mitigate damage to parent wells, according to the company.
鈥淭he tech we鈥檝e developed unlocks it automatically in real time, using neural networks to detect the FDIs,鈥� said Reid Thompson, Momentum鈥檚 co-founder and COO. 鈥淚f an FDI meets a certain criteria where we expect it to be a damaging frac hit, we can then send an alert and they can change the frac plan in real time.鈥�
The advances come from better pressure sensors and faster analysis.
鈥淥n a regular pressure gauge, you鈥檙e sampling at one sample a second,鈥� Thompson said. 鈥淲hat we do with 40,000 samples per second, we open up that entire frequency realm and shine light on it. It gives you information that isn鈥檛 being collected right now.鈥�
Momentum鈥檚 other co-founders, brothers Jeff and Jon Rose, were acoustics and computing experts who helped the Department of Defense connect sound to specific munitions, said Todd Haller, company president. That work helped lead to Momentum鈥檚 platform.
鈥淪o we have something very profound and very rich when you think about the years that the code has been built,鈥� Haller said. 鈥淚t has deep neural networks built into the software, which in oil and gas is unheard of.鈥�
The information comes from surface-level sensors that transfer information to the cloud, so there鈥檚 nothing that needs to be run down into a well. Setup can take less than an hour, and the rig gets power from solar panels, so no gas or electric hookup is needed.
鈥淥nce it's in the cloud, we run a multitude of different models to detect different things,鈥� Thompson said. 鈥淥ne is to automatically detect the stages. Another is to predict pressure. And then the last one is to detect the frac hit.
鈥淲e'll have a sensor on each well head that goes into here, and we'll be on multiple pads at once, all sending that out from all those pads.鈥�
Momentum has completed field trials with a major oil company, Thompson said.
鈥淲e've done six or seven different projects,鈥� he said. 鈥淏asically, the product is now complete. We have additional projects that we're getting ready to be on. And then there are multiple companies that are interested in the technology.鈥�
The primary product, FDai, has been the basis for three other products 鈥� BullsEye, a completion stage isolation tool assurance mechanism; FracScore, which measures completion design effectiveness; and FDai Insights, which analyzes previous frac jobs using AI.
Fdai鈥檚 saving on a four-well pad includes 7 hours of pumping, 7,000 gallons of diesel, 16,000 gallons of water and 6,500 gallons of flowback, according to the company鈥檚 website.
鈥淲here we鈥檙e going to go midyear is SmartFrac,鈥� Haller said. 鈥淚t's basically laying AI on top of all of the data that's being collected so that the intervention is autonomous.鈥�
The platform鈥檚 versatility lends itself to many other uses, Davenport said.
鈥淲e can jump into an adjacent market with a very large TAM [total addressable market], with very little capital investment,鈥� he said. 鈥淭he ideas are coming, we just have got to prioritize those and stay to our core and not get too thin. When we do something, we do it well and we get into these adjacent markets and we have a huge impact.鈥�
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