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Maana Presents at 2019 Decommissioning & Abandonment Summit

April 11, 2019

MENLO PARK, Calif.--(BUSINESS WIRE)--Apr 11, 2019--Maana, the pioneer of digital knowledge technology, showcased WellLine, at the Decommissioning & Abandonment Summit, March 26-27, in Houston, Texas. Maana’s WellLine application generates a digital knowledge layer of events from historical data in silos. It takes unstructured text, data from databases, and sensor events data and dynamically creates a digital knowledge layer of searchable timelines for wells. The WellLine knowledge layer is used to develop recommendation applications for decision making.

During the event, Jeff Dalgliesh, Maana’s Director of Oil Field Digital Transformation, participated in a Shark-Tank Technology Showcase highlighting the latest pioneering innovations to optimize P&A operations. The session, which featured executives from Shell, BP and ConocoPhillips, explored how new technologies can maximize decommissioning efficiencies, mitigate risk, and lead to higher quality abandonments.

To demonstrate how the Maana Knowledge Platform™ organizes industrial data and human expertise into digital knowledge, Maana exhibited WellLine – an application that can be applied across disciplines, including drilling, completions, workovers, and plug and abandonments. Users find insights from well lifecycle events and present them on an intelligent well timeline.

“We launched WellLine to serve as the Digital Knowledge Layer of wells on Microsoft Azure,” said Dalgliesh. “This technology enables our customers to mine text from tens of millions of historical drilling reports from thousands of wells, empowering operators to make faster decisions and better plan abandonments. We call this concept decision velocity.”

The two-day conference brought together the world’s leading experts on decommissioning, P&A and well intervention and served as a platform for the industry’s key decision makers. To learn more, wellline.com

About Maana:

Maana organizes the world’s industrial data and human expertise into digital knowledge to enable millions of experts to make better decisions affecting the global economy and human civilization. Using our Knowledge Platform™ and its proprietary Computational Knowledge Graph™, Fortune Global 500 industrial companies drive answers to operational questions that direct the future. Operating internationally, Maana is a privately-held company with offices in Menlo Park, California; Bellevue, Washington; Houston, Texas; London, UK; and Dhahran, Saudi Arabia.

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CONTACT: MEDIA:

Linda Madden

lmadden@piercom.com

(713) 627-2223

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA TEXAS

INDUSTRY KEYWORD: ENERGY OIL/GAS TECHNOLOGY SOFTWARE

SOURCE: Maana

Copyright Business Wire 2019.

PUB: 04/11/2019 10:00 AM/DISC: 04/11/2019 10:00 AM

http://www.businesswire.com/news/home/20190411005207/en