Economic Evaluation
Software systems assist with the economic evaluation of a project enabling comparison of values across a full portfolio. Simulators for cold and thermal production, when combined with production forecasting systems, also make invaluable economic evaluation tools.
Economics
When combined with economic modeling software, heavy oil investment decisions can be made with greater confidence.
Production Forecasting
Taking volumetrics, economics, including discounts, and predicted production rates into account can determine the overall market evaluation of an asset at any given time.
-
ECLIPSE Blackoil Simulation
When producing reservoirs with three-phase production, this simulation software can help to simulate and predict production.
-
ECLIPSE Thermal Simulation
Simulation software incorporating most thermal recovery techniques involving; SAGD, steam flood, cyclic steam injection and insitu combustion.
-
Steady-state Multiphase Flow Simulation
With advanced modeling algorithms, PIPESM software enables operators to optimize production and injection operations.
Request More Information