ADNOC and AIQ Accelerate Deployment of AR360 AI Solution
London, October 24, 2024, (Oilandgaspress) –––ADNOC announced the deployment of AIQ’s Advanced Reservoir 360 (AR360) solution on more than 30 reservoirs across ADNOC’s upstream operations, following the solution’s successful initial deployment in early 2024 on two ADNOC reservoirs at Bab and Umm Shaif fields.
Developed by AIQ with SLB as part of ENERGYai, ADNOC’s artificial intelligence and digital technology strategy, AR360 uses artificial intelligence (AI) and machine learning technologies to improve reservoir management and optimize field development planning. AR360 reduces planning time while increasing well life and recovery rates by ensuring the right balance between drilling new wells, boosting performance of existing wells and optimizing injection and production volumes. ADNOC has so far deployed more than 30 AI tools from the control room to the board room to enhance safety, reduce emissions, optimize efficiency and maximize value.
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