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Piper from IHS Markit

Increase revenue and decrease costs with whole system analysis

Are you using multiple oil modeling and gas forecasting software packages to manage numerous assets?

Piper™ software allows you to integrate all of your gas assets to model flow from the reservoir to the delivery point. Quickly model existing or future gathering systems by defining wellbores, compression, pump capacity, pipeline configuration and deliverability in a map-based environment. Optimize production by identifying bottlenecks, data inconsistencies, liquid loading and uplift potential. Run multiple scenarios to determine the effects of infill drilling, compression and pipeline capacity on economic forecasts.

Learn how to:
  • Build integrated asset models for optimal management and accurate forecasts
  • Forecast gas and gas liquid production from wellhead or sandface
  • Diagnose bottlenecks, high-pressure areas, and wells with untapped potential
  • Model and manage operating and capital costs
  • Assess impact of gathering system changes on deliverability
  • Evaluate individual well/complete well system value

Combining the surface and the subsurface to validate and better understand your shale gas play

Features

Field Planning

Plan field development from reservoir to the delivery point using:

  • Geographical referencing
  • On-screen editing
  • Shape files
  • Image files
  • Analytical reservoir models
  • Compression modeling
  • Proposed development forecasting
  • Economic forecasting
  • Equation of state modeling, black oil modeling, pump modeling
Production Optimization

Use diagnostics to easily identify:

  • Additional system losses
  • Liquid loading
  • Bottlenecks
  • Uplift potential
Forecasting/Justification

Use IHS Markit Piper to forecast production, justify development and determine:

  • Pipeline, compression and wellbore requirements
  • Impact of proposed development (i.e. infill wells, compression, pipeline expansion)
  • Economic value of proposed development
Application Integration

Import RTA model to:

  • Quantify production on a daily or monthly basis
  • Identify production back-out
  • Identify potential problems due to liquid loading
  • Evaluate impact of re-completion

Resources

IHS Reservoir Engineering

Engineering Training Courses

IHS Energy Blog

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IHS Markit Engineering Solutions

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Industry Success Stories

O’Brien Energy Company Accomplishes Time and Staffing Savings using FieldDIRECT®

This regional energy exploration and production company reduced the time required to generate monthly reports from 1 day to 20 minutes and reduced the workload from 2 full-time positions to one. Experienced staff now spends time making decisions instead of making reports and pumpers' accuracy has improved, too.

Learn more about our client’s successes

Energy Leader Saves Millions of Dollars with Innovation to Simplify Oil Extraction from Unconventional Reservoirs

A Global 500 energy company set out to find opportunities for greater efficiency in extracting oil from unconventional reservoirs and developed a steam-assisted gravity drainage production solution that now saves millions of dollars annually by reducing the need for maintenance and risk of interruptions.

Learn more about our client’s successes

Global Energy Company's Research Team Saves Time and Enables Smarter Decisions with Innovative Platform

The leadership team for this energy giant needs to stay abreast of the latest news/research, from both upstream to downstream, on a global and regional basis so they are using a new platform to find, filter and share an unprecedented wealth of information and insights -- in minutes instead of hours or days.

Learn more about our client's successes

Monroe Energy improves operational efficiency, enables Delta Air Lines’ strategy to cut fuel costs $300MM per year

As a Delta Air Lines subsidiary, this oil refinery reduced the parent company’s jet fuel costs by $300 million per year and increased the efficiency/productivity of its own 40 engineers by up to 2 hours a day – saving about $600K per year. The refinery also strengthened corporate governance by ensuring compliance with safety/environmental standards.

SEE CASE STUDY

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