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Oil & Gas

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

Pioneer Natural Resources Delivers "OneMap" Vision for Users with Direct Links to IHS Markit Well Data

With operations in Texas and California, this independent oil and gas company implemented a single, integrated system that enabled access to 30+ standard reports with the latest well and production info via the Web, avoiding manual processes and increasing data currency. Easily created/maintained "hands-free" data feeds saved months of development time.

Learn More About Our Customers Success

Energy Leader's Analysts Deliver Market Intelligence Faster to Support Global Procurement Decisions Totaling $13.5B

At this global energy company, the Market Intelligence team – which supports procurement decisions totaling $13.5 billion annually – cut in half the number of source locations that analysts must access to gather information and reduced by 50% the time required to generate reports/charts for decision makers.

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RWE Dea AG Relies on Consistent, Global Platform for Concept Screening/Optimization and Cost Control

To gain an advantage in highly competitive energy markets, this industry leader leverages rapid, accurate analysis of global oil and gas projects -- from exploration to concept selection and field plan development -- that save time and deliver insights by comparing cost scenarios and production profiles.

Learn more about our client’s successes

Mack Energy Co. Increases Production and Accelerates Decisions with Rapid Availability of Well Data

As one of the top oil producers in Oklahoma, this company began using an electronic system to make information available to all of its employees. Production data is no longer entered manually so it is available for analysis the next morning and overall production increased because problems are resolved as much as a week sooner.

Learn more about our client’s successes

Events

IHS Markit Event 22 July 2020

Strategic Horizons Q3 2020 Energy Industry Ou (...)

Susan Farrell and Christopher Elsner will guide a (...)

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