Tachyus recently formed a “first-of-its-kind” partnership with the Texas A&M University Department of Petroleum Engineering that the software company’s CEO said will deliver new oil and gas industry technology to students, faculty and researchers.

Based in Houston, Tachyus provides data-driven production optimization software to the oil and gas industry. Through its partnership with Texas A&M, graduate and PhD students within the university’s petroleum engineering department will have access to the Tachyus platform that combines machine learning with reservoir physics.

With this “first-of-its-kind partnership,” students will be empowered to experiment within the platform and familiarize themselves with its real-world applications, a Tachyus company release said on Dec. 8 adding that the partnership marks the beginning of a new wave of a digital forward workforce.

“Our hope is to provide students the opportunity to further their industry knowledge and be part of the digital transformation movement we, at Tachyus, are trying to instill into the upstream space,” Tachyus CEO Fernando Gutierrez said in a statement. “Our platform aims to be a tool that allows students, early on, to become accustomed to modeling and optimization software so that upon entering the workforce they are acquainted and open to a technology forward solution.”

The partnership between Tachyus and Texas A&M will be ongoing with the Tachyus technology available to assist and provide predictive analytics and insights in research assignments and allow for intelligent data management that delivers precise and comprehensive reporting.

“Tachyus enables engineers, and now our students, to explore production optimization scenarios and recognize optimal operational and development plans resulting in significant cost reductions, production increases and ready-to-use injection strategies,” Dr. Jeff Spath, department head chair in petroleum engineering at Texas A&M University, said in a statement. “Ultimately this exposure to real data solutions and forecasting models will further our student’s value, experience and knowledge as they enter the working world. As the oil and gas industry faces unprecedented difficulties, we look forward to our relationship with Tachyus to drive the upstream space into new possibilities.”

Several of the apps on the Tachyus platform are designed to model and optimize EOR processes including waterflooding and CO₂ flooding. They allow the prediction of thousands of outcomes in a matter of minutes which allow reservoir engineers to increase production by an average of 10% and cut operating costs by over 40%. Other apps are designed for oil and gas production optimization, such as surface and subsurface back allocation, decline curve analysis and the analysis of optimal infill drilling locations. Each of these apps allow users to increase production, increase recoverable reserves and to improve efficiency.

Tachyus said it will work closely with students to identify their specific needs and then provide the corresponding TachApp solution to be utilized whether they are looking for waterflood management, probabilistic decline curve analysis, shale optimization, etc. 

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