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Source: Gazprom Neft

Headline: Gazprom Neft succeeds in using digital technologies to enhance recovery of “hard-to-recover” reserves

Gazprom Neft has succeeded in deploying its “Cyber-Fracking 2.0” simulator at company assets. The “Cyber-Fracking 2.0” simulator models the processes involved in creating fissures under hydraulic fracturing (fracking), and determines the best options for undertaking geological operations. When used together with other Gazprom Neft digital tools this technology can deliver a 5% efficiency gain in oil production at low-permeability formations. The economic benefit of deploying this digital tool is estimated at around RUB4.8 billion in additional income, long term.

MIL OSI Economics