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Product Overview
Overview
Revo combines proprietary reservoir analysis and engineered choke management software to optimize production, increase revenue and reduce costs. The Revo iQ solution gives you the ability to understand well performance changes hour by hour in real time. This allows you to flow your wells back as fast as possible while maintaining the effectiveness of your completion and reducing damage to the reservoir, which will lead to less sand produced at surface and better well performance.
Revo has also developed the most advanced automated well testing package in the world. Our equipment delivers superior data quality with up to a 75% reduction in data noise. The Revo hardware also reduced oil lost to skim, methane emissions and safety hazards on location with its fully electric automated controls.
Business Model
Software as a Service and rental equipment/personnel.
Technology Innovations
Advanced Well Test System
- Fully automated safety and control system to protect personnel
- Accurate digital data collection
- Reduce environmental impact by eliminating methane emissions
- Increased separation efficiency adding up to $50,000 per well in additional oil sales revenue
- Remote real-time communications
Enhanced well performance through early-time analysis and choke management using analytical modelling for real-time drawdown optimization
- A tailored flowback solution based on formation and completion
- Manage pressure drawdown to minimize proppant flowback and reduce formation and completion damage
- Reduction of sand production
- Improved EUR with early-time production optimization strategy
- Benchmark completion effectiveness and reservoir quality
Revo iQ portal with real-time bottomhole pressure calculations, well comparisons, data plots, and key performance indicators
- Automated reporting and improved surveillance
- Web and mobile application for remote data on demand
- Real time well performance evaluations to improve drawdown management
Applications
- Flowback and well testing
- Engineered flowback and choke management
- Artificial lift optimization
- Well performance comparison, benchmarking and completion evaluation
- Extended production analysis
- Temporary early production facilities
- Flow rate measurement validation