Whether it is optimizing production enabled by AI-guided automated decision-making or controlling corrosion inhibitor injection at the edge, digital technology is transforming Vital Energy’s potential.
Vital Energy, formerly known as Laredo Petroleum, created a proof of concept in 2020 that would improve production from its wells by combining sensor data with AI and edge computing to automate electrical submersible pump (ESP) operations.
As the company implemented various phases of the Intelligent Well Program, it saw production increase by 400 bbl/month during the ESP optimization proof of concept, by 1,400 bbl/month with the addition of the gas lift optimization proof of concept, by 6,600 bbl/month through the inclusion of physics constraints and the addition of an ESP health monitoring solution and now by 45,000 bbl/month by automating ESP control at the edge.