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Amplified Industries (previously Acoustic Wells) combines low-cost acoustic sensors, proprietary physics-based models, and edge computing to infer downhole conditions in artificially lifted wells and optimize wells in real-time.
Published July 16, 2020
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Updated February 17, 2024
Oil & Gas
Production
Product Overview
Overview
Amplified Industries provides a smart field automation solution that helps companies efficiently operate even their most complicated wells all while maintaining a minimal environmental footprint.
- We offer a full turn-key solution — sensors, IoT devices, telecom, data pipeline & processing, and our cloud solution — running AI on the cloud and at the edge, leveraging the advantages of both approaches, to control and optimize the oil field assets and operations.
- More powerful than typical controller/SCADA options while also being exceptionally easy to both use and install. We are focused on providing an effortless solution that can scale on any field and at any location, enabling deployment even on marginal wells with limited or no existing SCADA or automation infrastructure.
- Eliminate spills and detect leaks on lease gathering lines using our proprietary algorithms.
- Highly secured, integrated, end-to-end solution.
Business Model
Our pricing model is split between hardware and software/service (SaaS) costs:
- Hardware package is all-inclusive (short of field installation) with a price an order of magnitude lower than traditional options.
- Service costs as low as $100 per well per month including all cloud hosting, telecom, data handling and processing, etc. costs.
- Also includes dashboard and mobile app access and accounts for as many users as required; these platforms feature our full detection & monitoring suite in addition to our automation features (including control/pump-off control for wells).
- Additional measurement points can be easily added and integrated on request.
- Cutting edge R&D is part of our DNA. The company was created by MIT researchers, and we are partnering with Texas Tech on novel gas lift and plunger lift research. We release new features on a weekly basis that are seamlessly rolled out to our existing customers at no extra charge.
Technology Innovations
- Cost-effective patented sensor & device package: the system gathers and correlates multiple data streams, all with ultra-high resolution and accuracy. The hardware product includes everything necessary to retrofit a well in a simple, self-installable package.
- Fully wireless system with 5 to 10 years of battery life.
- Proprietary modeling: physics-driven model of rod pump along with multiple correlated data streams allow us to use surface data to infer rod pump behavior with particularly high efficacy.
- Advanced analytics platform: capability for both edge computing to optimize wells in real-time, as well as cloud connectivity for higher level optimization and oversight. The system is designed to be both accessible and approachable to everyone on the operating team, from technicians on the ground to company leaders and engineers in the office.
- Capability to operate on deviated wells: the type/quality of measurements collected using our hardware, combined with our robust analytics tools, allow our solution to work on any well shape/design including the latest deep/long horizontal wells.
Applications
- Our first product is focused on rod lift, injectors, and tank batteries, and will soon be available for other artificial lift types (ESP and VFD control coming very soon) as well as optimization at the field-level.
- Simple measurement of downhole conditions: surface-based sensor package can be used at the wellhead to infer downhole conditions in a way that is easily widely scalable across all asset sizes in a cost-effective way.
- Optimization of rod pump wells: With proprietary physics modeling translating into solid downhole insight, we can use our data to infer pump conditions to optimize assets for pump-off control. Avoid over or under pumping, slugging, etc. and other issues across both vertical and horizontal wells.
- Field-wide optimization: Connect data from wells and tanks to optimize around not just pump conditions but actual production; detect leaks and production anomalies as well as enable automated failure prevention such as tank overflows from failed transfer pumps. In the future, similar applications for other pump types as well as interaction between wells will be modeled and featured.
- Detect leaks, liquid or gas, associated with valves, gathering lines and production facilities: Detect imbalances between the what’s measured at wellhead and tanks, as well as leaks at the wellhead; see stuffing box as well as overall site conditions with our new camera module.