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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
The Petrel platform can be utilized both on-premises and within the DELFI cognitive E&P environment, empowering geoscientists and engineers to effectively analyze subsurface data throughout the entire spectrum from exploration to production, thus fostering a collaborative understanding of the reservoir. This holistic approach to earth science allows companies to streamline their workflows across exploration and production, leading to more informed decision-making by providing a comprehensive view of potential opportunities and associated risks. At its core, data-level integration serves as a critical enabler for multi-discipline collaboration. Such integration facilitates the collection and safeguarding of knowledge throughout the entire process, from the initial exploration stages to production, involving everyone from petroleum systems modelers to reservoir engineers, all working towards a unified understanding of the subsurface landscape. Whether embarking on your first deepwater exploration venture or managing an extensive drilling initiative in a shale formation, the Petrel platform significantly improves multidisciplinary workflows and enhances overall project efficiency. Ultimately, this platform not only drives innovation but also reinforces the importance of teamwork in achieving successful outcomes in the field of geoscience.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
Cegal Prizm
No
RokDoc
No
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
No
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
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
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
Yes
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
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
