Telesto Energy’s mature field solutions reduces the sick well inventory proactively and bring them back to production faster, improve productivity, and predict wells that are likely to be sick in the near future using big data analytics and artificial intelligence.
- Production increase by 8 to 10 percent by reducing sick well inventory proactively
- 10 to 15 percent Opex reduction per barrel
- 6 to 9 months of time savings from initiation to implementation.
- Fast and better decision making
Telesto Energy’s drilling optimisation using big data analytics and AI reduces Non-Productive Time (NPT) drastically by integrated operation planning that minimises drilling and maintenance cost, improves drilling efficiency by real time root cause analysis and proactively predict failure during drilling operations.
- Reduction of NPT by 30 to 50 percent and upto 12 to 15 percent of the well cost
- Predictive analytics to prevent equipment failures can save around 5-10% of the drilling cost.
- Productivity improvement through 85 to 95 percent uptime of drilling operations with higher operational efficiency.