Sensornet Unveils Innovative Digital Flow Profiling System

Released on: May 13, 2008, 8:33 am

Press Release Author: Sensornet

Industry: Construction

Press Release Summary: Sensornet, provider of the world's most advanced monitoring
solutions, announces the development of its revolutionary real time Digital Flow
Profiling system which is set to aid increased production, reduce operating costs
and improve recovery

Press Release Body: The company, which has offices in North and South America,
Europe, the Middle East and Asia, and celebrates its 10th anniversary this year, has
developed its ground-breaking Digital Flow Profiling application together with its
industry-leading partner FloQuest which can accurately locate fluid entry points
across an entire reservoir and identify fluids present.

Wells that will benefit from Digital Flow Profiling include:
. Conventional and complex
. Multilateral
. Intelligent oil or gas producer/injector
. Long horizontal
. Wells with infrequent or no production logging technology (PLT) deployment

The system provides continuous PLT-type data in highly deviated and complex wells
without the costs, risks and deferred production issues associated with conventional
logging techniques. As well as monitoring the flow distribution in production and
injection wells in real time, the system also provides information often not
accessible with traditional production logging technology. Traditional techniques
often only provide a snapshot of what is really happening in the well and are
potentially more expensive to run.

Zonal flow allocation is determined using Sensornet's industry-leading Sentinel
Distributed Temperature Sensing (DTS) technology. With a resolution of 0.01°C every
one metre along the wellbore, the Sentinel system is applicable in wells where many
other permanent monitoring solutions fail to identify thermal events. The ability
to provide updates every 10 seconds also allows transient events to be analysed,
providing a new dimension in DTS interpretation.

The Digital Flow Profiling system was recently deployed by a Middle East operator to
understand flow distribution in a complex well. By monitoring the well using the
industry-leading Sentinel acquisition unit, Sensornet identified accurate flow
distribution and delivered a system to achieve total coverage of the well with no
further impact on installation and operation. Within minutes of running the
completion, the Digital Flow Profiling solution provided real time data gathering
and interpretation, and complete temperature profiles were captured, validated and
delivered to the client in real time.

Compared to the alternative of a horizontal well intervention on coiled tubing, the
operator saved more than $300,000 on service company charges and at substantially
lower risk.

Central to the Digital Flow Profiling system are the advanced interpretation
capabilities provided by the FloQuest software. A highly efficient data management
and visualization front end enables rapid data analysis and processing. With
comprehensive flow and thermal simulation engines FloQuest enables the accurate
inversion of DTS data to flow distributions, providing Virtual PLT information from
temperature profiles.

Sensornet chief executive officer Neale Carter said: "The correct analysis and
interpretation of flow distribution and content in oil and gas wells can have a
significant impact both financially and logistically on a well's production life
and, ultimately, the success of an operation.

"With conventional technology there is a gap between what an operator believes is
occurring along the well and what is actually happening. Our innovative technology
and the Digital Flow Profiling application close this gap and enable full
understanding of flow contribution in real time.

"Digital Flow Profiling provides a better understanding of the zonal properties of a
well and a dramatic improvement in response to production or injection changes which
can provide real benefits to the operator in terms of reduced downtime and optimised
production and injection rates."

About Sensornet
Launched in 1998, Sensornet provides the world's most advanced asset monitoring
solutions, using real-time distributed temperature and strain measuring systems.
Sensornet provides the complete Digital Monitoring package to the global oil and gas
industry, and offers its own temporary and permanent DTS installation capability.
The company is rapidly expanding and has offices based globally in Europe, North and
South America, Middle East and Asia.
Sensornet's award winning technology is supported by a highly qualified and
experienced technical, operations and management team, which has provided
multi-million dollar turnkey solutions to many of the world's leading blue-chip
companies. From system engineering and design, to data interpretation services and
post delivery support agreements, Sensornet is a full solution provider.
www.sensornet.co.uk

About FloQuest
Founded in 2006 FloQuest is a UK based company working on a number of international
projects concerned with near wellbore modelling and in-well data management. In
addition to industry leading near wellbore flow modelling solutions FloQuest
provides software for the visualisation and interpretation of distributed
temperature and other downhole sensors. FloQuest's unique software with optimised
workflows allow clients to easily access and better utilise production data ensuring
maximum return on their monitoring investments.
www.floquest.com

For further information please contact:
. Alison McKenzie, Account Manager, Fifth Ring Integrated Corporate Communications,
Tel: +44 (0) 1224 628085
. Heidi Cooney, Marketing Manager, Sensornet, Tel: +44 (0) 208 236 2554
. Garth Naldrett, Managing Director, FloQuest, Tel: +44 1329 848 603



Web Site: http://www.sensornet.co.uk/

Contact Details: Sensornet House
340 Centennial Park
Elstree, Hertfordshire
WD6 3TJ, UK

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