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Kellton secures $2.5 Million project from Oil India to transform Wellhead Monitoring



Posted On : 2024-12-10 21:24:46( TIMEZONE : IST )

Kellton secures $2.5 Million project from Oil India to transform Wellhead Monitoring

Oil India Limited, India's second-largest national Oil and Gas company, has entrusted Kellton with a $2.5 million engagement to implement Optima, their advanced real-time wellhead monitoring system. This collaboration underscores Kellton's commitment to leveraging cutting-edge technology for modernizing oilfield operations and enhancing efficiency in the energy sector.

This strategic project focuses on deploying the Optima platform across 77 wellheads located in Duliajan, Assam, an Indian region rich in natural resources. By integrating realtime monitoring capabilities, AI-driven analytics, and cloud-based infrastructure, Optima will enable seamless data acquisition and precise performance tracking. This engagement is expected to significantly improve Oil India's operational workflows, enhance production efficiency, and reduce potential risks through predictive maintenance.

Krishna Chintam, Global CEO, Kellton, commented, "This partnership with Oil India is a testament to our expertise in delivering transformative digital solutions tailored to industry-specific challenges. We are excited to contribute to modernizing their operations, and we are confident that Optima will set a benchmark for innovation and efficiency in the energy sector."

Optima is designed to address key challenges in upstream operations by providing advanced capabilities for data-driven decision-making. The Cloud-native platform will allow Oil India to scale operations effortlessly while maintaining transparency in wellhead performance metrics. Its AI-based optimization features will deliver actionable insights, empowering the organization to minimize downtime, optimize production, and achieve sustainable growth in its operations. This initiative represents a significant step toward modernizing India's energy infrastructure and aligns with India's vision of integrating advanced technologies into public sector undertakings.

Shares of Kellton Tech Solutions Limited was last trading in BSE at Rs. 163.30 as compared to the previous close of Rs. 162.80. The total number of shares traded during the day was 301918 in over 4107 trades.

The stock hit an intraday high of Rs. 164.45 and intraday low of 159.15. The net turnover during the day was Rs. 48933044.00.

Source : Equity Bulls

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