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SOCAR and IBM created artificial intelligence for well design

31.05.2019,16:43


May 31, Fineko/abc.az. SOCAR and IBM announced the creation of a prototype tool based on artificial intelligence technology for well design through joint venture Caspian Innovation Center (CIC) LLC.

Advanced technology of well drilling planning, well design methodology and experience, as well as a complex database allow engineers to design quickly and efficiently several conceptual wells, as well as to plan costs and project deadlines, measure key indicators and identify risks.

A new tool called "Aliya" can perform complex analytical operations in a few seconds based on data from drilled wells. The main feature of the new technology is the use of artificial intelligence analysis at the well planning stage.