Permian Basin
Let Factor Drive do the repetitive drudgework. Geologists should do geology.
Better geosteering from $25/day
FACTORDRIVE
Can your geosteering software generate hands-free reliable interpretations for days, without intervention, and notify you when the well trajectory veers off target? Can it identify alternative interpretations and rank them? Can it assist your directional decision by computing the "best bet" well path?
Factor Drive® can.
Compute better answers, automatically
Traditional desktop geosteering software helps geologists visualize the subsurface by trial and error. Try a structure, observe the log correlations, and adjust the structure until the correlations match.
Factor Drivecalculates the best geologic structure fitting the data, and gives you confidence bounds on the answer. Drillers and geologists work with hard, reproducible numbers to make better well positioning decisions, faster.
While drilling, Factor Drive processes the LWD gamma and directional surveys. It uses a sophisticated, peer-reviewed algorithm to calculate the most probable geologic structure. Use it hands-free for automated geosteering, or let it guide your own interpretation.
High-resolution assisted geosteering
Factor Drive is tireless and meticulous. It develops geologic structure at scales much finer than people can interpret. It computes a “most likely” geologic structure, as well as a cloud of probabilities you can use manually, with our assisted picking tool, to refine the interpretation. It’s not your бабушка’s geosteering software!
Works in challenging geology
Factor Drive computes reliable answers even in this faulted Eagle Ford shale project. It sorts out complex geology and presents you with reasonable choices. New data arriving near the bit can influence the interpretation all the way back up the lateral. Factor Drive recalculates the whole interpretation continuously while drilling proceeds.
Eagle Ford
Performs well in complex, faulted geology
Real time and resteer
While drilling, Factor Drive computes incremental updates to the geosteering interpretation in seconds. And you can use it retrospectively to resteer wells. Because Factor Drive runs in the cloud, you can submit dozens or hundreds of resteers to compute at once, and have answers in minutes.
Award-winning technology
Factor Technology won the Most Promising award at the Rice Alliance Energy Technology Venture Forum, and the Rising Star award at the SPE Startup Competiton.
Easy to get started
Work through a full Permian project in under 15 minutes in this video to see how easy it is to get started with Factor Drive.
Software as a service
Factor Drive works differently than manual, desktop geosteering software packages like ROGII StarSteer or Stoner SES. The computation requires high-performance computing and runs in the cloud. We deliver it as a subscription web service you run in your browser.
WITSML
WITSML automation allows “hands-free” operation. Factor Drive updates continuously from your vendor’s WITSML service, updating all screens and notifying geologists if the wellbore is headed out of zone or has deviated from the drilling window you specify.
Compliance
Factor Technology securely manages your corporate data and maintains up-to-date SOC-2 audits. We can deliver our audit reports to Enterprise customers, so your company remains compliant with auditing and regulatory standards.
Contact us to get more information about using Factor Drive in your company and to arrange a demo.
Factor Technology, LLC
100 Commons Rd, Ste 11
Dripping Springs, Texas 78620 USA
1-512-337-3534