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Discover How Chord Energy Automates Optimization of 2,500 Rod Lift Wells in the Bakken

June 4, 20246:45 AM BOE Report Staff

Rod lift wells have long been the backbone of upstream oil producers. However, traditional rod lift optimization methods are struggling to keep pace with today’s evolving industry landscape. With an ever-growing number of wells and the widespread use of SCADA systems, operations teams face an overflow of data, manual processes, and limited time for effective well optimization.

In response to these challenges, companies like Chord Energy are embracing innovative solutions like Ambyint to improve their rod lift well management. Ambyint’s InfinityRLâ„¢ platform supports lean teams in swiftly assessing performance and operational issues across well groups, enabling rapid analysis and optimization of individual well performance. Autonomous, closed-loop control of key pump-off controller setpoints significantly reduces the need for manual surveillance and optimization workflows. Custom automated reports ensure that operations staff receive concise summaries of critical information directly in their inboxes.

“InfinityRL enables Chord Energy to monitor more wells better and faster than XSPOC,” says Phil Espinoza, Production Optimization Foreman at Chord Energy.

A recent webinar featuring Phil Espinoza provided attendees with valuable insights into how Ambyint’s optimization solution is reshaping Chord Energy’s approach to well operations in the Bakken. The webinar highlighted remarkable results achieved through Ambyint’s collaboration with Chord Energy, showcasing significant performance enhancements:

  • +7% Oil production
  • +19% Liquid production
  • -38% Failure rate
  • -$1 Million labor costs

CLICK TO WATCH THE WEBINAR ON-DEMAND

About Ambyint

Ambyint is dedicated to supporting upstream oil and gas companies through our proven AI-powered production optimization platform. Our focus on expanding capacities across personnel and production, while improving safety and sustainability reflects our commitment to addressing critical industry challenges. By prioritizing operational issues and enabling autonomous well control, we help lean production teams to optimize every well, every day. With nearly 200,000 BOE/day managed on our platform, companies consistently achieve production gains, cost savings, and emissions reductions. Our team in Houston and Calgary stands ready to assist producers across North America with harnessing the power of AI to advance the energy industry’s progress toward a more sustainable future. Find out more at ambyint.com.

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