OMV Upstream deploys Agile Reservoir Modeling to make better decisions faster

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Austria

OMV adopts Agile Reservoir Modeling to dramatically accelerate forecasting under uncertainty with a direct link to value creation. Access to this best-in-class standardized Delfi workflow improves the decision-making process to maximize field potential.

OMV Upstream deploys cloud- and AI-enhanced solutions to accelerate performance and transform efficiency to achieve ambitious digital transformation targets.

Better decisions—faster

  • OMV’s subsurface team used AI-integrated workflows to run 200 reservoir model realizations in around 6 hours instead of 23 hours.
  • The well delivery team planned eight wells in the time they would normally take to plan one.
  • The turnaround time of seismic interpretation to structural modeling workflows was reduced from 8 weeks to 10 days, a 75% improvement.
  • The long-term agreement will continue to drive collaboration and deliver comparable successes at an enterprise scale, enabling OMV to accelerate performance and transform efficiency to achieve its targets.

"The Delfi digital platform allows us to do many concurrent simulations which in turn then helps us to do forecasting under uncertainty. The most important aspect is the link of simulation to value creation and having Delfi with a seamless link from simulation to economics and to decision making is dramatically improving our abilities to forecast and to create value for OMV."

Torsten Clemens, Senior Advisor Reservoir Engineering, OMV