results

TEXAS PERMIAN:
- Increases Production on average between 15%-40% and in some cases up to 90%
- Increased Gas by +33%
- Average Water Cut -2%

COLOMBIA:
- Increased BOPD by +22.5%.
- Water Cut -2.25%

MEXICO:
- Increased BOPD by +44.6%.
- Water Cut -18%

Read the Texas case study

Benefits

Produced by SIP - 3 - System of Integrated Production

Increased Production - Increased Profits - Quick ROI - Reduced OPEX - Transformed Pump Efficiency - Environmentally Safe - Eliminates Gas Emissions - Reduces Water Cuts

Current Customers

Chevron (Midland) - Devon Energy (Midland) - Exxon - Diamondback
Soon to be deployed at:
KOC (Kuwait) - PDO (Oman)

Oleum Technology

Offering Environmentally Advanced AI Solutions For Optimization of Oil Wells

SIP-3 Technology

SIP-3 is an AI-driven well pressure control system. It includes Oleum’s own casing back pressure valve and integrates the operator’s tubing valve to control the pressure above and below the pump from the cloud. SIP-3’s use of AI, in addition to data from its own sensors and the pump, enables it to learn each well and produce the following results:

1) Resolves gassification issues in all pumps, including gas lock, gas interference, “burping”, etc
2) Increases oil production between 15% - 40% and sometimes more in cases where SIP-3 mitigates gas lock
3) Stabilizes the pump, increases pump efficiency and extends pump life on ESP’s and rod pumps
4) Decreases OPEX and CAPEX and therefore increases company revenues and profit