ALEXANDRIA, Va., Nov. 18 -- United States Patent no. 12,475,424, issued on Nov. 18, was assigned to Enovate AI Corp. (The Woodlands, Texas).
"Hybrid modeling system for oilfield performance optimization" was invented by Jose Contreras (Houston), Meisong Yan (Houston), Rebecca Nye (London), Daniel Martinez (Bogota, Colombia) and Camilo Mejia (Houston).
According to the abstract* released by the U.S. Patent & Trademark Office: "A system for enhancing oilfield performance analysis and optimization, comprising a data collection module configured to collect real-time Gas-Oil Ratio (GOR) and Water Cut (WC) data from oilfield sensors a physics-based modeling module configured to simulate a vertical pressure profile based on the collected GOR and...