iProdTech have this month been awarded a major production optimisation contract for a team to deliver an automated production optimisation system for one of the largest onshore oil fields in the world. The completed system will automatically validate and maintain well and network models which will then be used for automated field surveillance and identification of production enhancement opportunities. The contract is valued at ca. £2MM and will require expansion of the existing iProdTech team with additional petroleum engineering and production technology resources being added to the London office.
18/03/2012