Siemens is unveiling a production optimization solution designed for U.S. small- and medium-sized businesses, addressing ...

An optimization problem is one where you have to make the best decision (choose the best investments, minimize your company’s costs, find the class schedule with the fewest morning classes, or so on).

Production optimization directly improves oilfield profitability by increasing sustained oil and gas output from existing wells, reducing lifting costs, accelerating cash flow, and lowering emissions ...

Several field cases show how Shell Group’s use of software for monitoring and optimizing production has reduced decline rates. Software data-driven well models allow prediction of changes to overall ...