What happens when a cutting-edge visualization firm joins forces with a small group of specialists specialized in subsea oil and gas development and production? You get a business with really groundbreaking technology that tackles problems in both the subsea and modern workplaces.
When the future started:
In 2014, FutureOn was split out of Vision. We’ve been building software to assist oil and gas businesses lower costs, better manage labor, and get to first oil faster ever since.
FutureOn provides energy companies with the resources they need to get to first oil faster. Our Software-as-a-Service (SaaS) platform allows real-time data visualization, collaboration, and cooperation from across design, development, administration, and decommissioning stages of digital offshore Deepwater fields. For the first time, operators may cooperate on field development and design with different third parties while guaranteeing data and design uniformity under one solution, thanks to a cloud-based, open architecture.
As a consequence, exploration efficiency improves significantly, resulting in CAPEX and OPEX savings as well as a reduction in the environmental effect of operations.
Facilities Offered by FurureOn:
Because of the numerous software tools offered by FutureOn, the oilfield sector has seen a significant increase in accuracy. The sophisticated software provided by the firm has played a critical role in boosting the profitability of the oilfield sector, in addition to increasing precision. Various oil firms have found it simpler to provide reliable findings while evaluating data. FutureOn has created technologies like as measurement-while-drilling (MWD) applications, multiphase sensors, multilateral completions, and down-hole separation.
FutureOn is the only digital solution provider to get the OTC Spotlight on New Technology award this year. This prize was given to the firm because of its cutting-edge technologies for the future of offshore development. The award was granted to the firm because of the recognition of their cloud-based collaboration tool FieldAP. FutureOn’s whole team worked tirelessly in conjunction with offshore industry specialists to develop a platform that would allow field data to be shown in 3D.
The business has stated that its entire team will work effectively to develop pipeline, maritime planning, operations, and safety-related apps. It will strive to discover answers to real-world industrial issues as well as novel ways to improve subsea fields.
Moving Along with The Time:
FutureOn recognizes the environment and market challenges that our clients are facing, therefore we’re working on ground-breaking digital solutions that will enable businesses all across the globe achieve Net Zero sooner. According to the World Economic Forum, data and technology will unlock over €640 billion in benefits and possibilities for the energy sector, including up to 1.3 billion tons of CO2 reduction.
With our data-driven web platforms, we want to assist businesses tap into that value while also supporting their Net Zero goals. We intend to develop our award-winning tools to provide sophisticated visual simulations and analyses that will assist businesses in calculating and reducing carbon emissions.
There cutting-edge software, if completed, will allow operators to assess efficiency, profitability, and carbon footprint all from a single real-time digital platform.