ODIN
Transforming the Oil and Gas Industry with
Odin is an advanced AI-powered framework designed to analyze and rank complex assets in the drilling industry, including drilled and planned wells, equipment, and drilling crews. It supports operators in enhancing well construction workflows by providing a straightforward method for evaluating these assets at individual sites, across multiple locations, or over time. During the planning phase of well construction, Odin helps reduce costs and accelerate project timelines through strategic insights, increasing overall efficiency.
The framework utilizes a multi-metric approach, integrating interdependent factors to deliver a hierarchical, explainable AI (XAI) system for both macro- and micro-level analysis. By leveraging historical data, Odin continuously learns and adapts, categorizing new assets efficiently and aligning them with existing groups for consistent strategic alignment. This powerful tool enables real-time scoring and ranking, allowing users to assess well performance, compare historical trends, and track the effectiveness of corrective actions, ensuring optimal decision-making and performance improvements.
ODIN
Features of ODIN
1
Asset Evaluation
Odin uses advanced artificial intelligence to evaluate and rank assets like drilled and planned wells, equipment, and drilling crews. By analyzing multiple factors and metrics, it provides a clear understanding of asset performance. This makes it easier for operators to identify strengths and weaknesses, ensuring better decisions and optimized resource use at every stage of well construction.
2
Multi-site and Time-based Analysis
Odin enables operators to analyze asset performance across various locations and over different time periods. This feature is particularly useful for identifying trends, comparing site efficiency, and understanding long-term performance. It allows for a comprehensive evaluation, ensuring that operations are optimized not just locally but across all operational sites.
3
Cost and Efficiency Optimization
One of Odin’s core strengths is its ability to deliver actionable insights that help reduce project costs and improve efficiency. By identifying inefficiencies and offering practical strategies during the planning phase, Odin accelerates project timelines while minimizing waste. This results in smarter, faster, and more cost-effective well construction workflows.