Downhole monitoring in SRP/PCP/ESP installations to help take pre-emptive measures to reduce downtime. The Issue Globally, the oil & gas industry routinely suffers an average of 5 to 7% of unplanned downtime due to unknown wellbore problems and poor maintenance practices. However, this number is
Tag: Oil Price
Wireless data acquisition and logging during permanent downhole gauge system installation and removal Uninterrupted Downhole Data Our wireless data acquisition capabilities allow data to be recorded continuously while a Permanent Downhole Gauge system is being installed or removed from a well, or during other workover
With oil prices at an all time low, cost cutting initiatives and social distancing in place, monitoring your downhole data remotely makes perfect sense! “You Can’t Manage What You Don’t Measure” The Issues Many energy companies are not equipped with the modern technology required to
Downhole monitoring leads to increased production, better infill drilling decisions, and optimized well spacing “You Can’t Manage What You Don’t Measure” The Problem Today (April 9th, 2020) oil prices are sitting at a near record low of $24 per barrel. This unprecedented drop in commodity
Move and live, or freeze and die. How maintaining progress applies to life and business. Backstory A recent long road trip to visit a sick grandparent allowed time to listen to some Podcasts. My favorites? The ones focused on exciting people, telling interesting stories, that lead to reflective self-discovery. This specific episode was about a
Downhole Monitoring Basics: How utilizing real-time downhole data can help reduce equipment failures and minimize operational spending This is part 2 in our series of posts where we are going back to the basics covering the high-level benefits of the real-time downhole data that downhole monitoring systems provide. As our industry quickly transitions to data-driven
A look at how our approach of becoming a technology partner differs from product vendors or service providers. Here at GEO PSI we strive to develop fit-for-purpose, robust, and cost-effective downhole monitoring technologies that provide immense value to our customers. Our Vision “To provide digital oilfield solutions to energy producers for environmentally responsible full field
Want to be the first to know? Subscribe to our Newsletter!
Enter your email below and we will send you our latest content directly to your inbox. Be the first to read about topical discussions, and new product releases.