Baker Hughes introduces model-based, predictive analytics software

Offshore staff

HOUSTONBaker Hughes has unveiled the FieldPulse model-based, predictive analytics software.

Martin Brudy, vice president, Reservoir Development Services at Baker Hughes, said: “When operators can predict and mitigate problems that jeopardize production, they can manage their assets to meet their maximum potential and deliver the highest return on investment.

“The FieldPulse software gives operators that capability, helping them to understand in real time how a field is performing, identify and target wells with the highest production potential and manage the asset accordingly.”

The new software can integrate and interpret large volumes of production data, well models and well test data from multiple sources; then, automating common petroleum engineering calculations, it helps identify and rank underperforming wells.

The company says key performance indicators such as rate decline and model deviations are constantly monitored, and warnings and alerts are generated to accelerate well selection and provide actionable data to help operators make decisions relating to well remediation, when and where it is needed.

Because the new software uses data from existing production and completion databases, operators can choose to avoid investing in new sensors, gauges, or databases. The software also has its own built-in nodal engine, which allows real-time integration between field data and well models without the need for additional well modeling software.


Share your news with Offshore at

Baker Hughes FieldPulse
(Courtesy Baker Hughes)

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...