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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

Sign up for our UGMs

IHS Markit Engineering Solutions

Online Help

Industry Success Stories

Global Oilfield Services Leader Minimizes Risks/Costs by Proactively Maintaining Inventory of Electronic Components

One of the world’s largest oilfield services providers reduced uncertainty about parts obsolescence and replacement availability by providing its employees with real-time access to data for 25,000+ parts and eliminating delays to part change notices. The company also ensured compliance with latest REACH, RoHS and Export regulations.

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

Oil & Gas Industry Leader Discovers Huge Cost-Savings Opportunities with Standards Conformity assessment

To lower costs enterprise-wide, a global energy company asked IHS to review 35 internal standards and list 143 comparable international standards. Research uncovered conformity opportunities including 25% savings on casing and tubing for $5 million annually and $180 million annually for conformance with ALL industry standards.

Learn More About Our Customer's Success

Shell Innovates the Biofuel Market with Marine Algae

This group of oil, gas and petrochemical companies has interests in a variety of renewable energy sources and has become the world’s largest distributor of biofuels – exploring ideas to accelerate potential development of a commercially-feasible and climate-friendly biofuel from marine algae.

Learn more about our client’s successes

Events

IHS Markit Conference 10 December 2020

International Energy Executive Forum 2021

IHS Markit and CNPC ETRI are jointly presenting th (...)

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