ANNOUNCEMENTS

Ambyint announces expanded commitment with Equinor to optimize production operations in North Dakota

Ambyint, the emerging player in AI-powered artificial lift and production optimization, and international energy major Equinor today announced that it will deploy Amybint’s technology on all rod pump wells in Equinor’s Bakken asset in North Dakota. The partnership comes at the end of a successful pilot and will expand to full field implementation in this asset.

During the pilot, Equinor was able to automate rod pump well optimization through use of Ambyint’s autonomous setpoint management functionality. By identifying wells that were over-pumping or under-pumping, controller set points were adjusted with minimal human interference. This kind of proactive optimization resulted in increased production rates and pump efficiency while reducing the well volatility.

FULL RELEASE HERE

July 25, 2018