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Product Overview
Overview
Ubiterra launched its initial product, ZoneVu Base, 8 years ago for cloud-based data management. Automatic data capture (no loading) archives the data (great for well reviews and data rooms). Because it is browser-based, there is no software to install (i.e. no IT department turf issues).
ZoneVu’s Steering Field TM, launched in Q1 2019, produces better interpretations faster by integrating seismic in the full 3D volume with the drilling plan for an instant and complete 3D view of the well.
ZoneVu LIVE’s visualization of bit relative to zone is particularly valuable for precision landings. Once landed, ZoneVu streams data from the bit, helping operators stay in zone while avoiding screen outs, shales strikes and sidetracking.
Business Model
Saas
Technology Innovations
Ubiterra Base is a cloud-based data and software platform and is the data management component that forms the foundation of Ubiterra’s platform:
- The cloud enables operators to use a single secure storage space with durability, redundancy, and the capacity to automatically incorporate the ever-increasing amount of data generated
Ubiterra Base’s cloud is backed by Microsoft Azure
Ubiterra’s Steering Field™ is the first commercial browser-based, real-time geosteering application:
- This means no lag waiting on reports from the rig (no small matter when drilling 400’/hour)
- It provides a simultaneous live feed to the asset team accessible from anywhere/anytime, not work stations required
- Steering Field™ also completely integrates your company’s full 3D seismic volume with the drilling plan for an instant a complete view of the well
Once a drill bit has landed in zone, Ubiterra’s ZoneVu LIVE streams data from the bit, helping operators stay in zone while avoiding screen outs, shale strikes, and sidetracking
Ubiterra sees the power of their cloud computing being leveraged in the future to better utilize operators’ 3D seismic data and 3D geo-modelling
Applications
- Collaborative drilling of horizontal wells and visualization of drilling progress in 3D
- Find and retrieve well and seismic data as easily as finding restaurants on google maps
- Utilizes cloud technology, providing the drilling, engineering, and geology teams with real time updates to the drilling process