Strategy

Decommissioning efficiently

In the upcoming decades, globally 2.000.000 oil and gas wells will reach the end of their economic life cycle. The major problem with decommissioning these wells is that it’s a very complex and expensive procedure such that it requires very accurate estimations and planning. In conjunction with WellDecommissioned, an effective solution was made.

Solution

Algorithm optimisation

To solve the problem of decommissioning, WellDecommissioned developed a mathematical model that already made far more accurate estimations and planning than current models that are used by the biggest companies in the industry.

WellDecommissioned came to Miyagi with their model, which we further optimized for better and more accurate estimations.

Interfacing

Cloud-based platform

Miyagi designed and developed an entirely scalable, cloud-based web application around the model, which shows quick and precise estimations. 

Using simplicity as a major guideline during the development, the final product resulted in a web application that ‘guides’ the user in a structured and clear manner through the complex model.

Analysis

Analytics dashboard

To give direct insights into the outputs of the model, Miyagi developed an entire custom-made analytics dashboard that displays the analytics WellDecommissioned desired. 

See other cases

Strategy

Decommissioning efficiently

In the upcoming decades, globally 2.000.000 oil and gas wells will reach the end of their economic life cycle. The major problem with decommissioning these wells is that it’s a very complex and expensive procedure such that it requires very accurate estimations and planning. In conjunction with WellDecommissioned, an effective solution was made.

Solution

Algorithm optimisation

To solve the problem of decommissioning, WellDecommissioned developed a mathematical model that already made far more accurate estimations and planning than current models that are used by the biggest companies in the industry.

WellDecommissioned came to Miyagi with their model, which we further optimized for better and more accurate estimations.

Interfacing

Cloud-based platform

Miyagi designed and developed an entirely scalable, cloud-based web application around the model, which shows quick and precise estimations. 

Using simplicity as a major guideline during the development, the final product resulted in a web application that ‘guides’ the user in a structured and clear manner through the complex model.

Analysis

Analytics dashboard

To give direct insights into the outputs of the model, Miyagi developed an entire custom-made analytics dashboard that displays the analytics WellDecommissioned desired. 

See other cases