The ultimate risk management tool.

The last thing any energy producer needs is a financial loss due to downtime, mechanical failure, spill or theft. Well IQ^® is your first line of defense against these situations, giving you the tools you need to manage risk more effectively and keep your wells producing at their highest possible levels.

Alerts that keep you informed.

When problems occur on site, the slightest delay can cost you time and money. With Well IQ^®’s advanced alert system, you’ll be able to respond to issues as they happen, so you can avoid costly mechanical failures that can result in downtime, as well as prevent spills and theft that can easily cost you thousands of dollars.

The Well IQ^® alert system provides both text message and email alerts through a sequential alert tree, which can include up to five people per lease. The redundant system ensures that, if one person on your tree can’t be reached, another is notified so that problems can be dealt with quickly, saving you time and money.

Automatic alerts include:

•   High/low tank volume alerts to help you detect and avoid catastrophic events before they happen.
•   Sudden drop alerts to detect theft or system failures.
•   Sudden increase alerts to detect rapid fluid pushes into your stock tanks.
•   Separation alerts to help identify separator problems upstream.
•   Power alerts to notify you of power losses or renewals on electrified leases.

You’ll also have access to a complete history of alerts occurring on each lease, so you can more easily track and diagnose problems long-term.

Protecting you from theft.

With Well IQ^®, you’ll be alerted the moment it senses your tank levels are dropping — protecting you against potential theft or spills that can cost you thousands of dollars. If you haven’t scheduled a pickup, you can immediately respond to any sudden drop and identify thefts or spills quickly.

Providing a safer environment.

Well IQ^® can also help you provide a safer environment for pumpers, allowing your employees to access daily measurements without physically climbing up on the catwalk and opening the thief hatch every day. This is especially important on sour leases with heavy H₂S — a high risk factor for workers in the industry. With Well IQ^®, you’ll better comply with OSHA and EPA regulations while still obtaining the data you need to manage production efficiently.

If you still want to verify measurements on site, Well IQ^® offers an HMI (Human Machine Interface) package that provides instant access to all current system measurements. Levels, pressures and other readings can be viewed through a touch screen panel on the main control box, allowing your employees to access critical information quickly and easily without directly accessing your tanks.

Complying with regulations.

If you use saltwater disposal wells on any of your leases, Well IQ^® can help you better manage compliance with recent EPA regulatory changes requiring energy producers to report injection pressures and barrels disposed. Our water report records all injection pressures and volumes, allowing you to pinpoint any issues before reporting and keep you in compliance. In addition, the water report is available in a format that allows you to simply run and send it to the appropriate regulatory agency, saving you time and hassle in reporting.

Powerful asset management for maximum profitability.

When you’ve invested millions of dollars getting oil out of the ground, knowing exactly how much you’ve produced, how much you have to sell and how much you’ve sold can be critical when it comes to cashflow and profitability. With Well IQ^®, you’ll have the tools to better track all of your assets in real time with minimal effort.

Well IQ^® offers comprehensive asset management tools that help you monitor location and performance, hold haulers and purchasers accountable and see problems before they occur, minimizing downtime across all of your sites. Your easy-to-use dashboard can be accessed from any desktop or laptop computer, tablet or smart phone, and tracks every drop of oil from the time it leaves the ground to the moment it’s sold. And instead of one manual reading per day, you’ll have near-real-time access to up-to-the minute information you can use to make more profitable business decisions.

Account for every drop.

With Well IQ^® you’ll have quick, easy access to both product and interface measurements on every tank, so you can more effectively track the commodity you have on hand. Unique, dual-float sensors provide readings of all tank contents, including both oil and water, to a .01 degree of accuracy, easily meeting API standards. So you’ll always know precisely how much sellable oil you have above ground.

Well IQ^® will also enhance the way you track sales. Run tickets at custody transfer will help you reconcile every transaction, ensuring you get paid for every barrel of oil without waiting weeks for manual records. So you can hold haulers and other purchasers accountable and maximize your earnings.

Evaluate well health and performance.

Well IQ^® also provides daily production reporting that will help you evaluate well performance on an ongoing basis. Based on your input, the system can be set to alert you when a tank is reaching capacity, allowing you to sell that load and get paid. You can also set threshold production rates and be alerted if production falls below the designated volume.

Flow and pressure monitoring will help you monitor the health of your wells and diagnose issues before they become problems, while performance tracking makes it easy to optimize production and proactively schedule chemical jobs to minimize downtime and keep your wells productive.

Most importantly, you’ll be alerted whenever an issue arises that can impact your profitability. For example, a separation alarm will automatically notify you when upstream fluid is pushed to the wrong tank, allowing you to react quickly to mimimize any loss of sellable oil.

Make the most of your time with Well IQ®.

Time is money. So getting the most out of your employees is vital to your profitability. With Well IQ^®, you’ll have the power to better focus their efforts, prioritize and address critical issues in a more timely manner and establish a more efficient plan of proactive, targeted maintenance that will enhance your overall operation.

Traditionally, pumpers have spent a majority of their time driving from lease to lease, checking levels and inspecting equipment to ensure proper operation. Most follow a designated route based on geographic proximity, so when problems arise on a specific lease, you might not know about it until they reach that location — often too late to prevent catastrophic results.

With Well IQ^®, your pumpers will have the tools they need to better plan their daily routes, focusing on those leases that need attention first and keeping them — and your leases — more productive.

Less windshield time.

With Well IQ^®, your pumpers will know which leases require immediate attention through an easy-to-use dashboard that defines the severity of any issues detected. Green leases are operating to spec, yellow ones require attention soon, and red ones require immediate response to maintain productivity. In combination with the dashboard, Well IQ^®’s alert system provides 24-hour coverage of all your leases, so even overnight, your on-call staff will be notified if an emergency arises.

By prioritizing issues by severity, your pumpers can get to problem sites first, addressing issues that can impact production or result in hefty fines, increasing the amount of commodity you pull from the ground and keeping your profits intact. And, instead of climbing catwalks with a gauge tape every day, your pumpers can spend more time keeping your wells in full production, establishing a regular maintenance plan and making you money — functions that often get neglected when employees are busy recording numbers on a daily basis.

Lower fuel and vehicle maintenance costs.

With remote monitoring through Well IQ^®, your pumpers can reduce their reliance on manual measurement. Where they previously made stops daily, they can use Well IQ^®’s dashboard to check levels and well operation remotely, reducing the need for daily, in-person gauging and inspection.

Obviously, by reducing the amount of miles your workers have to drive each day, you’ll see immediate savings on fuel and vehicle maintenance. In fact, many companies using Well IQ^® have been able to significantly reduce the number of trucks they operate, since pumpers are not required to visit leases every day.