US-based oil and gas modelling and optimisation software provider Tachyus has entered into a partnership with Brazilian energy company PetroReconcavo.
The collaboration, Tachyus’ first in Brazil, entails the integration of its water flood solutions into PetroReconcavo’s operations.
PetroReconcavo, with over 23 years of experience in operating onshore fields, will leverage Tachyus’ technology at its key fields in the north-east region of Brazil.
The adoption of this platform is expected to enhance PetroReconcavo’s water flood operations by optimising efficiency and maximising production.
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Initially, the partnership will see the implementation of three Tachyus modules.
Strateon will be used for subsurface allocation of injection and production, Aqueon will manage and optimise water flood operations, and Trypion will optimise infill drilling locations.
These modules are designed to enhance the strategic deployment of resources and improve overall field performance.
PetroReconcavo is focused on the operation, development and revitalisation of mature fields in onshore oil and gas basins.
The company currently operates 56 oil and natural gas concessions across the Potiguar, Recôncavo and Sergipe-Alagoas Basins.
PetroReconcavo director of technical development Walter Waes said: “I am excited about the prospect of exploring the use of AI [artificial intelligence] in the study of mature oil fields to seek improvements in operational efficiency, maximize oil production and recovery factors, and enhance overall business profitability.
“The implementation of such cutting-edge initiatives also provides opportunities for the development of competitiveness and professional growth for the technical team. The defined work proposal with Tachyus is very promising, and I believe that this collaboration will strengthen our operations and create new opportunities for mutual growth.”
Tachyus CEO Fernando Gutierrez said: “We are thrilled to welcome PetroReconcavo as our first customer in Brazil. With the implementation of Aqueon, Trypion and Strateon, we are confident in delivering measurable value and driving operational excellence for PetroReconcavo.”
In June 2022, India’s Oil and Natural Gas Corporation selected Tachyus to optimise its mature fields in the country.