Formed in 2012, Quantico Energy Solutions is a data analytics company based in Houston, Texas. The company’s focus is on providing the oil and gas industry with data-driven solutions that address challenges in the key aspects of finding and developing hydrocarbon resources. Today,
our solutions are being adopted by the largest oil and service companies around the world.
Our company employs a leading team of professionals from the oil and gas industry. The team has expertise in machine learning software, down-hole tool design and geoscience. We develop proprietary software to predict synthetic formation evaluation logs by utilizing only the information commonly gathered during the drilling process.
Why is this important? We believe that if oil companies have less expensive and no risk access to formation properties, then they can reduce costs while delivering significantly higher production. Run in real-time, Quantico’s approach can reduce LWD costs by up to 80% without placing any extra equipment down-hole. Drilling decisions can incorporate changes in rock properties to speed up drilling time, improve hole quality and reduce bit wear. Whether in conventional or unconventional assets, our data analytics approach can lower costs by millions of dollars in each aspect of the workflow ranging from drilling, geology, geophysics, reservoir and completions.
In our mission to apply best-in-class artificial intelligence to meaningful upstream challenges, we are fortunate to have partnerships with two of the world’s largest oil companies – Royal Dutch Shell and Statoil – each with demonstrated track records of bringing major innovations to the industry.
Quantico’s QLog service provides a suite of synthetic logs including shear, compressional, density and neutron. QLog can be run for vertical, deviated or horizontal wells. The benefits to the oil company are: No nuclear or acoustic sources in the well. Savings up to 80% of conventional logging costs. Results within minutes of drilling your well.
Sonic, density and neutron logs while drilling. Demonstrated to be the same accuracy as LWD tools in deepwater. Now the rest of the quad combo can be obtained by only running Gamma and Resistivity. QDrill is an ideal solution to log challenging zones due to drilling hazards, slim hole or highly deviated sections. Eliminate logging NPT and lost-in-hole charges. If an LWD tool malfunctions or loses circulation, QDrill can be turned on to drill ahead.
Quantico is able to deliver UCS data in real-time and at the point of the Gamma sensor. When MSE diverges from offset trends, real-time UCS is critical to distinguish between changes in formation properties versus energy loss due to drilling dysfunction. Optimal drilling parameters alongside real-time formation tops is provided to stay in the efficient drilling window.
Using the primary logs from QLog, additional properties including Poisson’s Ratio, Young’s Modulus, Brittleness, and Minimum Horizontal Stress can be derived. These properties can be used to derive vertical and horizontal stress profiles, model frac treatments and optimize the placement of perforation clusters and plugs to correspond to changes in rock characteristics.
Quantico’s sonic logs can be obtained for wells drilled recently or several years ago – at a fraction of conventional logging costs. Combined with robust anisotropy models, QLogs provide a high-frequency source of vertical velocities along the length of the lateral. This can shorten processing time on depth migrations by up to 50% and increase the accuracy of seismic inversion.
*In US Land, one or more nearby vertical logs are used. No horizontal logs required in most basins. In international/offshore, offset well data is required.
Demonstrated savings of up to 80% of logging costs (not including NPT) and lower drilling AFE by up to 30%.
No tools added to the BHA. No nuclear sources enter the well. No lost-in-hole charges. Ideal in sections with drilling hazards.
Proven to be the same accuracy as LWD tools in deepwater. Sonic logs more robust in thin beds. Density not affected by washouts.
Eliminate log-related NPT. No wireline engineers or equipment on-site means lower HSSE risk.
No malfunctions of tool memory or power. Ideal for challenging logging conditions.
Log data available at the point of the Gamma sensor. This means sonic logs available 60-90ft earlier than LWD tools.
Neural network enhanced seismic inversions result in much higher resolution than traditional seismic inversions. Detailed maps of key attributes can be generated to place wells in the best production sweet spots.
Precision well steering is enabled by advanced analytics that continuously update formation tops and well ties. This automated approach locates precisely where the bit is at all times and provides a look-ahead view of upcoming features to make the right steering decisions.
Real-Time UCS enables rapid identify and remediation of drilling dysfunction. Once vibration or other causes of energy loss are removed from the drill string, then advanced artificial intelligence methods recommend the optimal drilling parameters to achieve maximum ROP.
Real-time or on-demand synthetic logging provides critical information for projects where conventional LWD services were previously not economically viable. For projects that run LWD tools, a software-based approach can serve as a reliable add-on service that increases reliability, reduces NPT and logs every trip.
Take the horizontal logging cost and risk factors out of your decision to engineer completions. Or have the liberty to conduct a multi-well program to test various placement and design criteria with minimal impact on the AFE.
QLog is the only solution that allows you to obtain open hole logs on wells already put on production. The ability to review formation properties on wells drilled years ago is critical to selecting candidate wells to re-fracture. Now utilize rock mechanics and lithology to selectively target promising intervals.
If you would like to find out more,
please get in touch with us.
Quantico Energy Solutions, Inc.
5800 Ranchester Drive, Suite 200
Houston, TX 77036