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Fablabs AS

Fablabs AS is a software company that aims to be distruptive about maximizing off-shore oil production, using a holistic Data Science approach and modern technologies, while adhering to time-tested Engineering practices.





Fablabs' business objective is to optimize oil production at a multi-field level by use of a network model that provides near real-time advice to production engineers. It will recommend actions to be taken in the next hours & days to safely increase oil production across one or more fields connected to a single topside processing system. It will also accept hand crafted constraints from an engineer and provide a rapid feed-back loop for evaluating next steps. The possible actions will include shut-ins, start-ups, re-routes to alternate separators, and adjustments to choke and gaslift. The core technologies structure incoming data from a time-series database into a live model that allows for intricate and arbitrary constraints to be placed throughout the network. No two wells is alike, and that needs to be accomodated. The web-based, light-weight user interface belies the powerful engine behind it. Common functions like filtering and user directed investigations are intuitive. Engineers will be able to securely log in from anywhere, 24/7, using any device with a browser.

http://fablabs.no/

Joe Chesak - CEO
Joe Chesak is a former Senior Engineering Analyst with ConocoPhillips
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Making subsurface data storage and computing fit for purpose
by Dr Duncan Irving from Teradata


"I most enjoyed Patrick Coole's presentation and the findings using the seismic data over the open blocks in Cote d'Ivoire."

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