Kellton Tech Shares Zoom Over 3% After Partnership With Oil India

On December 10, 2024, Kellton Tech Solutions announced that it had received a $2.5 million contract from Oil India Limited to implement Optima, an advanced real-time wellhead monitoring system. This collaboration highlights Kellton’s dedication to utilising cutting-edge technology to modernize oilfield operations and enhance efficiency in the energy sector.

Deployment of Optima

The strategic project focuses on deploying the Optima platform across 77 wellheads in Duliajan, Assam, a region known for its abundant natural resources. By integrating real-time monitoring capabilities, AI-driven analytics, and cloud-based infrastructure, Optima will facilitate seamless data acquisition and precise tracking of wellhead performance. The initiative aims to significantly enhance operational workflows, improve production efficiency, and mitigate risks through predictive maintenance.

Optima is designed to address key challenges in upstream operations by providing advanced tools for data-driven decision-making. The cloud-native platform will enable Oil India to scale operations efficiently while ensuring transparency in wellhead performance metrics. Its AI-based optimization features will generate actionable insights that help minimize downtime, optimize production, and foster sustainable growth.

A Step Toward Modernising India’s Energy Infrastructure

This engagement marks a significant milestone in the modernization of India’s energy infrastructure. It aligns with the country’s vision of integrating advanced technologies into public sector undertakings, reinforcing Oil India’s commitment to improving operational efficiency and advancing the energy sector through innovation.

Krishna Chintam, Global CEO of 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.

On December 11, 2024, Kellton Tech shares opened at ₹167.05 and touched the day low of  ₹171.00 at 10:00 AM.

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