SLB has reached an agreement to acquire US-based technology company, Tachyus Corp., in a move which aims to strengthen SLB’s digital portfolio with differentiated physics-based reservoir modelling capabilities that enable faster reservoir management decisions.
Demand is increasing for technologies that support continuous reservoir management as operators work to maximise recovery from existing assets. While traditional high-fidelity reservoir simulators support field development decisions to optimise recovery, Tachyus technologies enable operators to make more tactical decisions in response to changing conditions.
The technologies can evaluate thousands of reservoir scenarios in minutes, enabling reservoir and production teams to adjust field strategies based on current asset performance while maintaining alignment with longer-term development plans.
Tachyus’ technologies combine machine learning with reservoir physics to model behaviour under different conditions. Its Aqueon platform has been deployed across more than 7,500 wells globally, supporting waterflood management, pressure forecasting, production optimisation, saltwater disposal optimisation for unconventional operations, and EOR operations.
Rakesh Jaggi, President of SLB’s Digital Business, said, “Reservoir management is becoming increasingly dynamic as operators look to maximise recovery from existing assets. The addition of Tachyus will strengthen our ability to deliver operational reservoir management workflows that help customers manage and optimise complex enhanced oil recovery schemes.”
SLB plans to integrate Tachyus technology into its Delfi digital platform and Lumi data and AI platform, enabling closed-loop reservoir and production management workflows.