The startup develops production optimization software for the oil and gas industry, utilizing a hybrid approach that integrates physics-based predictive models with data analytics for enhanced flow insights. This technology provides clients with precise decision-making capabilities, improving production efficiency and reducing operational costs.
Funding
$3.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Oil and gas operators face challenges in efficiently managing fluid flows through wells and pipelines, requiring accurate and reliable software simulation tools. Existing solutions may lack scalability, flexibility, and cost-efficiency, hindering optimal production monitoring and decision-making.
Solution
Turbulent Flux provides flow simulation software that combines physics-based modeling with data analytics to deliver precise flow insights for the oil and gas industry. The software offers real-time monitoring of wells and pipelines, enabling instant troubleshooting and continuous decision support for short- and long-term production optimization. By integrating a state-of-the-art transient multiphase flow simulator with advanced optimization and data analytics, Turbulent Flux accurately models the flow of gas, oil, and water, turning sensor data into valuable insights. The cloud-native software features an open API, facilitating third-party innovation and easy integration with existing IT infrastructure.
Target Audience
The primary target audience includes production engineers, flow assurance managers, operational professionals, and IT departments within oil and gas companies seeking to optimize production, reduce costs, and improve safety.
Features
- Hybrid modeling approach combining physics-based simulations with machine learning for improved accuracy
- Real-time monitoring of wells and pipelines with 24/7 availability
- Virtual flow metering (VFM) for continuous flow rate predictions, reducing the need for frequent well testing
- FLUX Applied, a user-friendly web interface for model building, simulation management, and data visualization
- REST API for seamless integration with third-party applications and data platforms
- Self-adjusting VFM capability that eliminates manual re-calibration and adapts to changing production conditions
- Cloud-native architecture for scalability, flexibility, and cost efficiency
- Support for CO2 transportation and injection, addressing flow assurance issues like slugging and water hammers