Energy, Oil & Gas

SLB to deploy digital field development planning solution for Crescent Petroleum

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Crescent Petroleum has selected SLB to deploy its digital field development planning solution under a new three-year agreement, marking the first commercial adoption of the FDPlan solution in the Middle East and North Africa (MENA) region.

The deployment builds on Crescent Petroleum’s existing use of SLB’s Delfi digital platform for reservoir engineering workflows and aims to improve development planning and investment decisions through integrated digital technology.

FDPlan brings together subsurface, wells, facilities, production, cost and economic workflows in a shared digital environment, enabling multidisciplinary teams to evaluate development scenarios and compare options more efficiently.

“Crescent Petroleum has been an early adopter of cloud-enabled digital workflows in the region, and this deployment takes that approach further into field development planning,” said Dany Rahal, managing director, UAE, SLB. “Connecting reservoir insight with engineering and economic considerations gives teams a more complete view of development options and strengthens the basis for planning and investment decisions.”

Crescent Petroleum has already recorded improvements in reservoir analysis through its use of the Delfi platform. Using cloud-enabled, scalable high-performance computing, the company reduced simulation times for selected large dual-porosity and dual-permeability reservoir models involving millions of grid cells from approximately six hours to around 50 minutes.

The technology also enabled its teams to complete approximately 140 simulation runs in one month, covering history matching and prediction, compared with around 20 runs using the previous computing environment.

The latest agreement extends these digital capabilities beyond reservoir analysis into wider field development planning, connecting technical and economic disciplines within a common workflow.

The deployment represents a further step in Crescent Petroleum’s adoption of cloud-enabled technologies to streamline development processes, accelerate scenario evaluation and support more informed investment decisions. -OGN/TradeArabia News Service