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Fossilytics Engineered Solutions Signs an MOU with a Canadian operator

Fossilytics Engineered Solutions is pleased to announce it has signed an MOU with a Canadian operator with operations in the Montney shale, which is located in northeast British Columbia and northwest Alberta (estimated total resource could be nearly 900 Tcfe). The MOU is a pilot between the two organizations which uses Fossilytics Advanced Flow Analytics platform to automate data collection from the field, through to analysis.

The pilot will focus on automation of oil and gas well analysis using Machine Learning and other techniques to model gas production performance.

Our system is cloud-based using secure Amazon Web Services (AWS) and can be accessed from any device, or it can be installed within the customer’s network. All our modules are built on the Wolfram language, one of the world’s leading mathematical and physics-based platform.

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