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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
PeN-LAB SCI is a dedicated software suite created by N-LAB Software, tailored specifically for the oil and gas sector to enhance the management of data, log creation, and reporting in mud logging and drilling operations. This platform allows for real-time surveillance and the gathering of high-fidelity data related to drilling, mud, and wellsite geology, accommodating up to 64 analog channels and various acquisition boards via direct driver access. Among its notable features are reservoir simulation, production forecasting, analysis of well performance, drilling optimization, and the interpretation of seismic data. Additionally, it includes tools for compliance management, overseeing equipment and inventory, job costing, coordinating logistics, scheduling maintenance, monitoring projects, allocating resources, and managing work orders, thereby ensuring a comprehensive approach to operational efficiency. Furthermore, PeN-LAB SCI enhances decision-making processes by providing detailed insights into various aspects of drilling and production.
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Has API
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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
N-LAB Software
Country
Croatia
Website
www.pen-lab.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