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Description
Adopt a hybrid approach that integrates AI with physics-based reservoir simulation to significantly boost the productivity of your reservoir engineers while achieving operational excellence. This innovative method allows for simulations to be conducted in a fraction of the time typically required by traditional techniques, enabling the rapid streaming of new production data to refine forecasts in just minutes. You can efficiently explore various development scenarios, cutting down the time required from over a month to mere hours, all with minimal staffing. Maintaining a clear perspective on where additional development opportunities lie allows for the strategic redirection of efforts towards the most productive areas, thereby enhancing and optimizing production from established assets to ensure a steady revenue flow. This approach not only shortens the decision-making cycle but also minimizes costly overhead expenses. The journey towards operational excellence begins by transforming your previously underutilized dynamic reservoir model into an ultra-fast, always-reliable tool for production forecasting that supports operational planning and budgeting. This represents a groundbreaking advancement that seamlessly fuses AI with numerical simulation methodologies, paving the way for more effective resource management in the industry. By embracing these modern techniques, organizations can position themselves for sustained success in a competitive landscape.
Description
Effective design and operation of production systems necessitates a comprehensive grasp of the behavior of multiphase flow. Utilizing flow modeling and simulation offers critical insights into the dynamics of flow, encompassing the physical principles that govern movement throughout the entire production system, starting from the reservoir's pore spaces and extending to processing facilities. The Olga dynamic multiphase flow simulator is adept at modeling transient flow behaviors, which are crucial for optimizing production capabilities. Such transient modeling is vital for conducting feasibility assessments and designing field developments. In deepwater contexts, dynamic simulation plays a pivotal role and is frequently employed in both offshore and onshore projects to analyze transient behaviors in pipelines and wellbores. By employing the Olga simulator for transient simulation, engineers can gain deeper insights beyond steady-state analyses, enabling them to forecast system dynamics, including fluctuations in flow rates, variations in fluid compositions, changes in temperature, the buildup of solids, and alterations in operational parameters. Consequently, mastering these transient characteristics is essential for improving efficiency and reliability in production operations.
API Access
Has API
API Access
Has API
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Integrations
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Pricing Details
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Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Target Solutions
Founded
2004
Country
Oman
Website
meerasimulation.com
Vendor Details
Company Name
SLB
Founded
1926
Country
United States
Website
slb.com
Product Features
Oil and Gas
Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management
Product Features
Oil and Gas
Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management