EPS Software Products

Quick Links to Information Below

• EPS Software Products Overview
• EPS Products: The Definitive History
• eP and EPS Products: Fit and Commitment
• eP EPS Software Solutions

• Key Drivers for Optimization
• Reservoir Monitoring Tools and Solutions

PDF Documents

• EPS Software Brochure
• EPS Products At-A-Glance

EPS Software Products Overview

Edinburgh Petroleum Services (EPS) is now a part of eProduction Solutions (eP), Weatherford International’s production optimization company. EPS Products are the leading suite of petroleum engineering software tools in the industry. These tools have been enhanced and developed over time to answer emerging application issues, provide innovative technological breakthroughs, and to fit current production goals and environments as the industry evolves. See the EPS to be a part of eProduction Solutions press release for more information

EPS Products: The Definitive History

EPS began as Edinburgh Petroleum Development Services (EPDS) in 1983 by the staff of the Petroleum Engineering Department at Heriot-Watt University in Edinburgh. The company slowly expanded its global reach and tool belt as their client list and expertise grew. EPDS was reorganized in 1989 as Edinburgh Petroleum Services Ltd. to adjust to the rapid growth of the organization and the increasing reach of their products, training, and consulting services.

EPS gained international respect and a solid reputation as the leading developer of well testing and production optimization software. Major oil companies in the US, Europe, the Middle East, Australia, Asia, and Latin America use EPS software to optimize production at the well, reservoir, and field levels. As a result of the acquisition in 2004 by Weatherford International, EPS Products are now part of a larger development and support effort, eProduction Solutions (eP).

In complement to cutting-edge software, the EPS Products group includes training and consulting services from our Edinburgh offices, global field offices, and other Weatherford training facilities.

eP and EPS Products: Fit and Commitment

Comprehensive Real-Time Production Optimization

eP/Weatherford has solutions for all types of production. From onshore stripper wells to high-volume offshore and subsea wells, eP/Weatherford appreciates that different types of wells and reservoirs require different methods of optimization. eP offers a range of products and services that enables production optimization initiatives to be located throughout the entire enterprise. These initiatives can range from downhole instrumentation within the wellbore through asset planning tools that integrate reservoir management and optimization of well, reservoir, and surface equipment into a single software solution.

eP/Weatherford is the world leader in providing production optimization solutions for flowing wells and all forms of artificial lift. The solutions provided by eP increase production and lower lifting costs. The role of a service company is to maximize recovery and profitability in the completion and production of green and brown fields. EPS Products offers the industry’s leading software tools to optimize operations and reservoir management.

EPS Products are a perfect fit for eP’s core solutions group of products and services. Manufacturing and service facilities are located in Edinburgh, Houston, Wallingford, Dubai, Great Yarmouth, Aberdeen, Singapore, and Trondheim.

EPS Products Support and Evolution

eP is focused and committed to continued research, support, testing, and development of EPS Products as emerging opportunities and needs of our industry and clients demand. EPS Products are continually updated, supported, and improved with new and emerging tools and technologies. Our software applications are a key priority now and for the future.

eP EPS Software Solutions

Field production rate is determined by reservoir, wellbores, and surface equipment. The production rate varies over the field life as the properties of the individual elements change. eP is able to address these changes by offering a range of agile and complementary software solutions that model field operations above and below the surface. Combining this with work flow management software provides operators with planning, monitoring, and control systems to efficiently analyze and manage fields into the future.

Software solutions include:

• Field Production Optimization Software
  • iDO – intelligent daily operations
  • DynaLift™ – dynamic gas lift optimization
  • WellFlo – well modeling software
  • ReO – network management optimization
• Field Development Planning Software
  • ReO Forecast – capex planning decisions
• Reservoir Production Optimization Software
  • MatBal – reservoir analysis and production forecasting
  • PanSystem – well test analysis
    • PanMesh – 3-D numerical simulation

Key Drivers for Optimization

Well Activity vs. Life Cycle Phase

Well/Field Activities Phase Exploration Appraisal Development Plateau Decline Key Driver Discoveries Reserves CAPEX Volumes Produced Operational Costs Well Test Analysis (PanSystem, PanMesh)             Reservoir Surveillance (PanSystem, MatBal, WellFlo, i-DO opportunity)             Production Optimization (WellFlo, ReO)            Field Development Planning (ReO Forecast™, ReO, WellFlo, MatBal)*               *ReO, WellFlo helpful for detailed well design ReO Forecast for integrated planning MatBal for reservoir models

Typical field life cycles, key business drivers for each phase, and benefits derived from EPS products are represented in the above chart. The number of bullets () for each section is a visual guide of the impact of the respective software packages for each activity. Although this model is oversimplified it provides a macro perspective on the value delivered and where our software products can benefit operators and asset managers.

Reservoir Monitoring Tools and Solutions