New WellDog Reservoir Monitoring Systems Gain Traction
New WellDog reservoir monitoring systems gain traction, save money and resources for US shale gas and oil producers
WellDog’s new WatchDog downhole pressure measurement systems are receiving rapid adoption by US shale gas and oil producers influenced by the immediate financial and operational benefits delivered by the systems.
“These customers are new to WellDog,” said James Walker, COO of WellDog. “And within the first few weeks and months of using the WatchDog, they’re already saving money, accessing key data, reducing fracking, and avoiding installation delays and problems. This technical product is helping the industry improve the key metrics of cost competitiveness, efficiency, and environmental stewardship.”
Examples of commercial benefits provided by the WatchDog systems so far include:
$300,000 saved on a single well. An Eagle Ford basin customer installed a WatchDog system in order to gather real-time reservoir and well condition data. WatchDog data allowed the customer to complete its reservoir model and conclude that the planned $300,000 refrack of the well would be unnecessary and unsuccessful.
Eliminate stranded reserves and increase production. Customers in the Permian basin are utilizing WatchDog installations to optimize well spacing and identify natural fractures. The breadth of analytics supplied by WatchDog is allowing these customers to measure directly the need for up or down spacing of wells, to insure no stranded reserves, and to increase barrels of oil produced per well.
More reliable artificial lift. A Williston basin customer has experienced high failure rates of their electric submersible pumps. The customer installed a WatchDog system to monitor the temperature of a pump and now is using real-time data to optimize pump operation and extend pump run lifetime.
Dramatically improved installation reliability and safety. A northern Rockies customer was experiencing more than 70% failures during installation and use of other downhole pressure measurement systems – as well as myriad safety incidents. After switching to the WatchDog system and WellDog’s proven safe and reliable installation services, that customer has experienced 100% successful installations and zero safety incidents.
These and other customers across the country are using WatchDog analytics to improve production success and cost competitiveness in a wide range of applications. The above projects are “just a few of the many examples of howWatchDog can enhance operating efficiency and reduce overall cost of production” said Robert Rees, WellDog’s downhole gauge product line manager and global operations manager. “We are actively working with operators to extend their use of the WatchDog and gain even more benefits.”
WellDog recently announced that it has installed its 1,500th downhole pressure monitoring system, establishing it as one of the largest designers and installers of downhole gauge systems in the world. WellDog launched the WatchDog shale gas and oil reservoir monitoring systems into the US in late 2014 after establishing a robust market for similar systems for coalbed methane operators in Australia.
