Imperial licenses oil software

Imperial Innovations Group has licensed its Deconvolution well-testing software to Edinburgh Petroleum Services (EPS), a subsidiary of Weatherford International.

The Deconvolution software was developed by Imperial academics Prof Alain Gringarten, chair of petroleum engineering and a world authority on well testing analysis, and Dr Thomas von Schroeter, an expert in signal processing at the department of earth sciences.

Software containing complex mathematical algorithms is used extensively by the oil and gas exploration and production (E&P) industry to analyse data and results gathered from tests on appraisal oil wells. Recent improvements in well test efficiency to minimise the amount of oil that is burnt off during the test process, have altered test output data. This has created a need for new data analysis techniques.

The Deconvolution algorithm software aims to provide a solution to this requirement for accurate data analysis and interpretation.

EPS will use the Deconvolution algorithm software as part of its EPS PanSystem software package, a product used extensively in the E&P industry for analysing the results of well testing.

Susan Searle, CEO of Imperial Innovations said: ‘This new software developed by world class inventors at Imperial College and licensed to Weatherford should significantly improve the efficiency of the well testing process.’

’We wanted to get the best deconvolution algorithm both for PanSystem clients and to analyse data from our optical pressure, temperature and flow sensors,’ said Laurence Ormerod, vice president of solutions architecture for Weatherford. ‘It was clear to us that Imperial had the right expertise for our needs.’