Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
Launched in the early 1990s, PROSPER has undergone continuous research and development for more than twenty years. Each year, enhancements are made, adding new models and features to its already comprehensive array of functionalities. With over three million combinations available, it can effectively simulate a wide range of physical phenomena occurring in wells and pipelines. Despite this extensive modeling capacity, the adaptive interface smartly limits the user's view to only the necessary input fields and menus based on their selections, thereby simplifying the model-building process. PROSPER has become the benchmark in the industry for well and pipeline modeling, thanks to its exceptional technical foundation and distinctive modeling features. Today, it plays a pivotal role in the Digital Oil Field system, with its calculation engine being employed in various workflows in real time across hundreds of fields globally. As a result, users from diverse regions benefit from its advanced capabilities, solidifying its reputation as an essential tool in the oil and gas sector.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Target Solutions
Founded
2004
Country
Oman
Website
meerasimulation.com
Vendor Details
Company Name
Petroleum Experts
Founded
1990
Country
Scotland
Website
www.petex.com/products/ipm-suite/prosper/
Product Features
Oil and Gas
Compliance Management
No
Equipment Management
No
Inventory Management
No
Job Costing
No
Logistics Management
No
Maintenance Management
No
Material Management
No
Project Management
No
Resource Management
Yes
Scheduling
No
Work Order Management
No
Product Features
Oil and Gas
Compliance Management
No
Equipment Management
No
Inventory Management
No
Job Costing
No
Logistics Management
No
Maintenance Management
No
Material Management
No
Project Management
No
Resource Management
No
Scheduling
No
Work Order Management
No