Neuron Oil

NEURON OIL – first oil field development web simulator to increase daily oil production by 70%, increase the oil recovery factor and reduce costs down to 40%. It is a ready-to-use web-based oil field development simulator consisting of 5 modules, based on modern hydrodynamic interwell simulation modeling (50-100 times faster than any conventional approaches) and machine learning algorithms that reduce the influence of human factor. The NEURON OIL software allows to get the new insight into oil reservoirs thanks to its much more accurate calculations and reduced errors (25-35% instead of 80-200% with standard software solutions). NEURON OIL web simulator is a daily tool for geologists and reservoir engineers to effectively plan monthly and unscheduled well intervention program, select points for new drilling and accurately forecast oil production with subsequent growth of the final oil recovery factor. One of the key advantages of NEURON OIL software is the opportunity to automatically calculate thousands of variants of the oil field development, that is not available with usual tools. Second key advantage is the opportunity automatically to improve the initial historical production data with machine learning algorithms (filtering and revalidation of measurements). Finally, NEURON OIL web simulator offers ready-to use recommendations: what kind of well intervention and in which wells should be realized in accordance with the available equipment infrastructure (surface and sub-surface) to increase oil production. NEURON OIL is born in Aktau and developed with group of Kazakh and international reservoir and software engineers.