Press release

Maana Presents at 2019 Decommissioning & Abandonment Summit

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Sponsored by Businesswire

Maana,
the pioneer of digital knowledge technology, showcased WellLine,
at the Decommissioning
& Abandonment Summit
, March 26-27, in Houston, Texas. Maana’s
WellLine application generates a digital knowledge layer of events from
historical data in silos. It takes unstructured text, data from
databases, and sensor events data and dynamically creates a digital
knowledge layer of searchable timelines for wells. The WellLine
knowledge layer is used to develop recommendation applications for
decision making.

During the event, Jeff Dalgliesh, Maana’s Director of Oil Field Digital
Transformation, participated in a Shark-Tank Technology Showcase
highlighting the latest pioneering innovations to optimize P&A
operations. The session, which featured executives from Shell, BP and
ConocoPhillips, explored how new technologies can maximize
decommissioning efficiencies, mitigate risk, and lead to higher quality
abandonments.

To demonstrate how the Maana Knowledge Platform™ organizes industrial
data and human expertise into digital knowledge, Maana exhibited
WellLine – an application that can be applied across disciplines,
including drilling, completions, workovers, and plug and abandonments.
Users find insights from well lifecycle events and present them on an
intelligent well timeline.

“We launched WellLine to serve as the Digital Knowledge Layer of wells
on Microsoft Azure,” said Dalgliesh. “This technology enables our
customers to mine text from tens of millions of historical drilling
reports from thousands of wells, empowering operators to make faster
decisions and better plan abandonments. We call this concept decision
velocity.”

The two-day conference brought together the world’s leading experts on
decommissioning, P&A and well intervention and served as a platform for
the industry’s key decision makers. To learn more, wellline.com

About Maana:

Maana organizes the world’s industrial data and human expertise into
digital knowledge to enable millions of experts to make better decisions
affecting the global economy and human civilization. Using our Knowledge
Platform™ and its proprietary Computational Knowledge Graph™, Fortune
Global 500 industrial companies drive answers to operational questions
that direct the future. Operating internationally, Maana is a
privately-held company with offices in Menlo Park, California; Bellevue,
Washington; Houston, Texas; London, UK; and Dhahran, Saudi Arabia.