14 September, 2023

Six resident companies of the Fund participate in the exhibition program of the Industrial and Energy Forum.

Residents of Skolkovo (VEB Group.Russian Federation) will present solutions for improving efficiency in the oil and gas industry and automation of fossil fuel extraction at the Industrial and Energy Forum in Tyumen on September 18-21. This is reported by the press service of Skolkovo.

“This year, six Skolkovo resident companies are participating in the exhibition program. Irwood will present its key development – a software and hardware complex for oil production management based on neural network optimization of well operation modes. The product is designed for optimal redistribution of water injection in the well system in order to effectively organize the flooding system and maintain reservoir pressure. In addition to it, the company will show a prototype of a new software product – “Well Manager”, which is currently at the stage of pilot testing. The system will help oil and gas companies to promptly receive information about the “health” of submersible pumping equipment and the risk of emergency situations,” the report says.

In addition, Tota Systems will demonstrate technologies for intelligent completion and continuous monitoring of wells. They help to manage production and transmit information about the operation of wells in real time. Electric valves developed in 2022 have already been implemented at 20 wells, and continuous monitoring systems – at 2.5 thousand wells.