New Software Release

IAM Field Development Planning and Operations Software 2014.1 Now available

Product Details

IAM field development planning and operations software provides model-based production and asset management for field development, operation planning, and on-demand optimization solutions for assets. IAM software integrates reservoir, production, process, and business management simulation models to enable advanced control and optimization.

IAM software delivers the ability to graphically build well management and reservoir group controls, along with the inclusion of downstream process facility models and field-wide economics.

Release Details

​IAM software continues to build the functionality and versatility of field development planning and operations. IAM software’s integration capabilities have been expanded to enable coupling with the OLGA dynamic multiphase flow simulator. The OLGA simulator and ECLIPSE industry-reference reservoir simulator can be connected to capture reservoir and wellbore interactions, with the OLGA simulator and PIPESIM steady-state multiphase flow simulator used to pass information between models. Sensitivity studies within the Petrel E&P software platform now allow different reservoir realizations to be run with the facilities models.
 

Further enhancements have been made in this release to support asset optimization solutions using live asset models.