Case Study: OMV boosts gas condensate production with Cognite Data Fusion™

How OMV Optimized Well Flow Rates With Cognite Data Fusion™

OMV, an Austrian integrated oil and gas producer, needed a better way to balance long-term field life with short-term production goals across its natural gas fields. Working with Cognite and using Cognite Data Fusion™ and Cognite Maintain, the company had to manage constraints such as well minimum and maximum rates, water handling capacity, market demand, and condensate production.

Cognite and OMV developed an optimization model in Cognite Data Fusion™ that uses contextualized operational data, including CGR, WGR, facility capacities, outages, and well limits, to recommend optimal well flow rates throughout the gas day. The solution helps OMV maximize gas condensate production while staying within constraints, extends the life of gas fields, and is estimated to deliver $300,000 in annual value.

OMV