WORKINGPROCESS

FOROIL services are meant to smoothly integrate in your working process and deliver quick results.
FOROIL prepares tools and methods and you finalize your development plan.


FOROIL builds a bespoke behavioral model of your mature field (Production Forecaster™) to ensure a reliable forecast of the field production for any field development and production plan, well by well.
FOROIL automatically plays millions of different development plans (Field Development Engine™), all complying with your financial and technical constraints, in order to identify the best.
Implement the best and safest (re-)development plan, reduce investment and risk, increase production and book additional reserves.
Actions AllowedProduction Increase
Adjust injection and production rates+15% to +20%
Increase treatment capacities, convert producers+15% to +30%
Drill new infill wells+30% to +100%

“After 12 months, actual production data are in line with the objective initially set for the project, and the incremental production is being achieved.”

Gary LODWIG
Asset Manager





Forecast your production, fast & reliably

Get FOROIL to customize and calibrate its unique Production Forecaster™ for your field and achieve the capacity to forecast production, well per well over five years, with more than 95% accuracy overall.

More info



Unveil the Best Development Plan

Compliant with the technical and financial constraints you have defined, FOROIL Field Development Engine™ will run and compare more than fifteen million field development plans in order to select the best one.
This massive computing power will outperform any reference field development plan engineered from intuition and traditional techniques.

More info



Implement and book reserves

FOROIL will re-optimize the implementation plan to account for changes in delays, means or constraints, as well as unexpected technical incidents.


More info