The "smart well" technology represents a new concept in the oil and gas industry. Broadly speaking, a "smart well" is a system equipped with sensor or control systems that allow for the monitoring of operational parameters. The implementation of such systems enhances the economic efficiency of extraction, ensures operational safety, and positively impacts the oil recovery factor.

Today, geological exploration, drilling, and seismic data analysis based on artificial intelligence — an intelligent system — are helping oil companies carry out exploration operations more efficiently, saving both time and money.

Thus, smart wells mark the beginning of a new era in the oil and gas sector.

Source: “Nebit-gaz” Newspaper