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Ilya Smirnov

Usetech to present oil & gas solutions at Gitex 2024

DUBAI, 29 days ago

Usetech, a global company developing solutions for the industrial, oil and gas, agriculture and energy industries, will showcase projects based on AI and mathematical modelling at Gitex. 
 
The company's new solutions provide high accuracy, create an operational plan for energy consumption and enhance data visualisation for decision-making.
 
The resource consumption model, developed by Usetech's team of highly qualified specialists, allows building an operational energy consumption plan depending on the requirements for the quality and quantity of product output, as well as recognising the operating mode of the oil cracking unit. The system allows reducing fuel consumption by up to 5% per day and improve the quality of product output.
 
Vector analysis
The next solution, developed with focus on the Middle East market, is a hydrocarbon search using vector analysis methods. It generates a map of parameter anomalies corresponding to projections of field contours onto the surface. In addition, the method separates the anomalies into gas and oil anomalies. 
 
The project also migrates measured data to define multilayered reservoirs, resulting in a 3D model of the hydrocarbon reservoir that allows for reserve estimation. The solution can detect hydrocarbon variations at a depth of 7 km with a direct prediction accuracy of more than 85%.
 
An integrated approach to ore deposit prospecting, also developed by Usetech specialists, helps to automatically generate 3D relief maps with an accuracy of 0.03-0.05 m, using the results of aeromagnetic surveys.
 
AI investment
Usetech understands the importance of AI investment for businesses in the Middle East. The UAE's Artificial Intelligence Strategy confirms this by highlighting the country's potential and key sectors for AI adoption by 2031. 
 
“We don't shy away from our know-how, we're not afraid of competition, and we're ready to share our proven cases. We are constantly involved in interesting projects on the edge of the fantastic. Fantastic because just a few years ago it would have seemed impossible to meet these business requirements. It is impossible to predict behavioral scenarios and so on, but we are already solving global problems on a global scale,” says Ilya Smirnov, Head of AI/ML Department at Usetech.--TradeArabia News Service
 



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