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geothermal
Drilling is a major cost driver in geothermal projects, often making up 30–50% of total CAPEX. Specialized techniques are required to manage extreme conditions, making cost reduction vital.
Drilling
Determining the fracture gradient (FG) is key to maintaining wellbore safety. A Leak-Off Test (LOT) helps calculate the fracture pressure, which is expressed as equivalent mud weight (EMW). Traditional EMW calculation methods are slow and error-prone.
Project risk management
Kwantis is supporting a leading energy company in its Project Risk Management (PRM) process by conducting a comprehensive risk analysis for a pumped storage hydropower (PSP) project.
Enterprise risk management
Context and Purpose Kwantis is developing an advanced risk assessment and reporting model for an International energy company to consolidate risk data and economic scenarios into a unified framework.
Events
ID3 Software and Kwantis co-authored with Weatherford the presentation “Driving Sustainability: Tracking Carbon Footprint with Technology Innovations for CO2 Emissions and Diesel Consumption in Rig Operations” showcased at the SPE Symposium in Saudi Arabia.
News
Amid global challenges, including the COVID-19 pandemic and geopolitical conflicts, Kwantis has maintained its commitment to resilience and innovation. For the fourth consecutive year, the company has been recognized as one of the “Campioni della Crescita” (Champions of Growth) by the German Institute for Quality and…
Events
The IADC-UTP Student Chapter, in collaboration with Kwantis, held an online technical talk “Beyond the Drill: Transforming Operations with Kwantis.” This event was designed to provide students from diverse academic backgrounds, including Petroleum Engineering, Information Technology (IT), and Computer Science, with a…
Anomaly detection solutions
The SPE DSEA AI 4 Energy Workshop is a one-day event hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section in collaboration with the SPE London Section.
Project risk management
Kwantis has launched a new project for an international player in the engineering, general contracting and project development sectors. By embedding ESG risk management within the corporate structure, the company can improve decision-making processes, ensure regulatory compliance, and strengthen its overall risk…
Events
The IADC Advanced Rig Technology (ART) Conference & Exhibition serves as a leading forum for exploring the state of the art in rig technology, downhole operations, and integrating the two seamlessly with minimal human intervention.
Events
The Global Energy Transition (GET) Congress, which took place from July 1st to 3rd in Milan, served as a pivotal platform where international commitments to combat climate change evolved into actionable, collaborative, and economically feasible initiatives.
Events
Reducing drilling costs in geothermal projects is crucial for wider renewable energy adoption, as these expenses can constitute up to 50% of the total capital outlay.