ATHENA x SSD :

Augmented Assisted Forecasting, Enhanced Full-cycle Economics

Have you ever wished that you had another member on your team or more hours in the day? At Subsurface Dynamics we know this is a common theme in every organization, which is why we developed a new generation of innovative, cloud-based solutions focused on full automation and integration. We’re not trying to reinvent the wheel – we are trying to make engineers’ work faster and easier by making our platform do the work. Introducing, ATHENA

Informed Decisions. Optimized Workflows.

Athena is a fully-automated, cloud-based production forecasting, economics and field surveillance solution that has been specifically developed to improve efficiency in daily engineering workflows. The platform is seamlessly integrated with Petro Ninja and SCADA for easy access to public/private production, completion data, and commodity price forecasts. As an added benefit, evaluations results can be exported with a single button click to allow efficient integration with other workflows.

Real-time forecasting

Generate and customize probabilistic production and economic forecasts in seconds

Develop type-curves and consolidated group wells
Critical components of multiple key aspects of operations
- Reserves
- Planning/Capital budgeting
- Month-end/year-end
- Development planning
- Production monitoring and optimization
Completions normalization
- Not incorporated into any other commercial forecasting/economics software
- Offers enhanced insights into well productivity, the effectiveness of completions modifications over time, and variability in reservoir quality

Collaborative environment

Seamlessly share projects and well lists with your team and clients and collaborate in real-time

Cloud-based platform
- Work efficiently from anywhere – no need to be at your desk 24/7
- Eliminates administrative issues associated with downloading/installing local applications
- Avoids potential issues with remote connectivity
Seamlessly share projects and reports
- Enhances efficiency and fosters collaboration allowing companies to extract maximum value from employees
Full SCADA integration

No training required

We streamlined the experience so you can dive in and get started right out of the gate

Fully-automated, multi-segment forecasting on multiple product streams and full-cycle economics
- Provides an additional team member at a fraction of the cost
- Improves efficiency and eliminates human errors
- Offers enhanced insights into the performance of secondary products
- Eliminates potential issues that can arise from forecasting secondary products on ratios
Automated field surveillance and reporting
- This leads to improved operational performance, reduced manpower requirements, and cost savings

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Informed Decisions via Data-driven Results :

Real-time Monitoring, Multi-segment Forecasting, and Completions Data Integration and Normalization

Through our collaboration with Petro Ninja, we can bring your data from the wellhead to your desktop in real time! That means no more data wrangling, internal infrastructure or preconditioning to perform your forecasts. Our goal is to make the engineer’s life easier.

Data-driven results and Competitive Insights
Completions Data integration and Normalization
Real-time data monitoring
Multi-segment forecasting
Full SCADA Integration
Generate type curves, wells, and group wells
Automation to Minimize Human Errors
Fully Cloud-based Platform
Scalable, Distributed Architecture
Collaboration and integration with Petro Ninja

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For Engineers, By Engineers :

Augmented Full-cycle Forecasting with Enhanced Economics and Improved Accuracy

We automated your workflow, but did not sacrifice on physics or math! That’s why we’ve implemented a real-time probabilistic model utilizing our proprietary algorithm to deliver reliable results in seconds.

Improved accuracy and robust algorithm
Forward-looking and full-cycle economics on all types of commodities
Economics forecasts on wells, type curves, or group wells
Integrated commodity price forecasts via leading reserve evaluations firm
Cross-platform Integration
Industry Collaboration

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Helping Teams and Power Users Do More :

Efficient Collaboration — No Training Required Via Automated Functionality, Optimized Interface, and Intuitive User Experience

Whether you’re working with one well or thousands, we’ve got you covered! Create, manage, and quickly switch between projects and well lists to explore scenarios and compare production and economic forecasts.

Seamless User Experience
Optimized Interface
Automated Functionality
Intuitive Navigation
Large Data Set Capacity
Multi-Project Management
Save and Share via Cloud
Accessible Team Collaboration
Interactive widgets for fine-tuning
Improved Data Visualization

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GET A QUOTE

ATHENA V2.12 UPDATE | 07 2023

Forecasting and Features

Next generation group well roll-up algorithm offering 10x performance enhancement and unlimited well list size
Well forecast and type curve generation with plateau
Upgraded development workflow includes pad and multipad development
Work environment snapshot that allows to save personalized forecast edits at well level
Shared environment within the team: We now support projects and environment sharing between team members
Corporate admins can manage and assign projects to the team members
Evergreen module: Evergreen module allows operators to keep all their type curves and well forecasts up to date in real time and in fully automated mode for users with Evergreen subscription
Evergreen module: customizable forecasting for corporate rollups compliant with internal forecasting standards
Pressure data integration with SCADA subscription – flowing pressure data can be integrated with production forecasts
High resolution SCADA data integration for users with SCADA subscription

Project Economics module

We have reworked economics from scratch:

Next generation project economics module
Implemented new economics algorithm with 5x speed improvement
Next generation economics well roll-up algorithm offering 10x performance improvement and unlimited well list size
Customizable start date for economics calculation
Preset 3 consultant average price decks
Customizable price decks for certain price regimes
After tax economics have been integrated
Added an option for individual or common termination type
Functionality to move or duplicate economics analyses
Various economic results displays and dashboards
Customizable economics output table
Economic model rollup on a well and asset level

ATHENA V2.11 UPDATE | 02 2023

FORECASTING AND FEATURES

Next-generation forecasting algorithm for improved stability and accuracy
Implemented a state-of-the-art, automated outlier detection and de-spiking algorithm
Added EUR-guided forecasting for wells with limited production history
Added the ability to lock forecast parameters during auto-fitting
Added support for waterflood/water drive forecasting
Added support for multiple well forecasts
Added automatic archiving functionality for type curves and group wells/roll-ups
Added the ability to export and import type curves and group wells/roll-ups
Added sharing functionality for type curves and group wells/roll-ups
Added the ability to duplicate type curves and group wells/roll-ups
Improved the algorithm for normalization of type curves
Various bug fixes and performance improvements

USABILITY AND INTERFACE

Added layout options to the forecast chart
Added remaining resources to the forecast summary
Added the ability to isolate a selected well for better clarity
Added color-coding to the well list
Added the ability to select wells on the forecast chart
Added the ability to scroll through well lists using keyboard
Various bug fixes and visibility enhancements

ATHENA V2 UPDATE | 02 2022

Augmented assisted forecasting and full-cycle economics
Fully-automated, multi-segment forecasting on multiple product streams
Seamless price decks integration
Enhanced insights into the performance of secondary products
Eliminates potential issues that can arise from forecasting secondary
products on ratios
Develop type-curves and consolidated group wells for Critical
components of multiple key aspects of operations
- Reserves
- Planning/Capital budgeting
- Month-end/year-end
- Development planning
- Production monitoring and optimization
Completions normalization
Seamlessly share projects and reports
SCADA and accounting data integration
Automated field surveillance and reporting
Improved operational performance, reduced man-power requirements
and cost savings

ATHENA V1 - V1.9 UPDATE | 2021

Augmented assisted forecasting
Multi-segment forecasting
Production normalization
Augmented assisted forecasting
Multi-segment forecasting
Production normalization

Building digital technology for the industry :

ATHENA Latest Updates

We constantly work on implementing new features and improving your experience, so check back frequently to see what’s new!

We are focused on full automation and integration, that’s why we’ve combined the best science and engineering approaches with cutting-edge technology and infrastructure to deliver the best possible product. Our tools are cloud-based, which means that you can access your projects from anywhere in the world and on any device.

ATHENA LAUNCH >

FLEXIBLE PACKAGES BECAUSE NO SIZE FITS ALL

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14-DAY TRIAL

Physics-based algorithm
One-click forecasts
Generate financial forecast
Fine-tune model parameters
Probabilistic model
14-day access

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CONTACT US

Physics-based algorithm
Volume discounts
Dedicated cloud storage
Integration with Petro Ninja
Save and share projects
Type well and type curve analysis
Multi-well and multi-pool analysis
Fine-tune model parameters
Probabilistic model
One-click forecasts

Best Value

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REQUEST FOR A QUOTE

Physics-based algorithm
Volume discounts
Dedicated cloud storage
Integration with Petro Ninja
Save and share projects
Type well and type curve analysis
multi-well and multi-pool analysis
Fine-tune model parameters
Probabilistic model
One-click forecasts

Testimonials

What Our Clients Have To Say

Testimonials

I want to say how impressed we are with Real Time Frac Optimization (RTFO) platform and your team's responses to our requested changes. It really helped us understand and communicate operations to our stakeholders.

The Athena real-time fracture monitoring platform was a helpful addition for our first multi-well pad. It integrated seamlessly with multiple data sources to provide early insights into fracture geometry, stress shadowing and reservoir response, all displayed in map view to provide a comprehensive view of the whole completion in real-time.

We were happy with the Flowback Data Analysis(FBA) results after getting a better understanding of methodology going through the process. I have used the results to calibrate the RTA models I’ve built, plus we can use the frac results for comparison with previous phases and help fine tune our frac designs going forward

I was first introduced to the principles of flowback analysis from Jesse Williams Kovacs and Chris Clarkson at University of Calgary in 2016. Through extensive field case studies and evaluations, this novel approach has demonstrated that it is highly insightful for fracture performance diagnostics as well as general performance description of unconventional reservoir systems. With the high cost of data acquisition, flowback analysis addresses uncertainty and data gaps without having to incur any additional spend. Validation of this approach has been successfully benchmarked and I adopt it in my general evaluations. In short, I fully endorse this technology in our integrated data analysis! I applaud Dr. Williams-Kovacs for this innovative workflow!

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Introducing — ATHENAxSSD

Subsurface Dynamics is an independent engineering and technology development firm. Our main focus is automation, software development, and integrated engineering studies. We have combined over 250 years of industry experience in one streamlined platform: ATHENA.

ATHENA is a fully-automated, cloud-based production forecasting, economics, and field surveillance solution that has been specifically developed to improve efficiency in daily engineering workflows.

Through our collaboration with Petro Ninja, we can bring your data from the wellhead to your desktop in real time! That means no more data wrangling, internal infrastructure or preconditioning to perform your forecasts. Our goal is to make the engineer’s life easier.

REACH OUT TO US