New Software Release

MEPO 4.2 Now Available

Friday, 26 April 2013

Product details

The MEPO multiple realization optimizer works in conjunction with simulation engines using a powerful run management system—enabling you to achieve better and faster results. By bringing science, structure, and objectivity to simulation projects, the MEPO optimizer enables geoscientists and engineers to evaluate the full range of options, to fully understand and manage development and production challenges.

Applications Areas

  • Probabilistic, multiple realization approach for optimized decision making and risk mitigation
  • Optimizing field development plans, well-injection strategies, gas-lift and EOR strategies, and number and location of wells
  • Assisted history matching
  • Uncertainty assessment

Features and Benefits

  • Automation of any modeling and simulation workflow
  • Evaluation of the full range of development options
  • Quick quantification of uncertainty and response parameter contributions
  • Unrivalled history matching capabilities
  • Robust production forecasting—incorporating subsurface uncertainty
  • Efficient well-screening functionality

Release details

The MEPO 4.2.0 release will improve the general usability by providing more workflow guidance and intelligent default throughout the application. The release features new high-end technologies, such as a new Markov Chain Monte Carlo optimization algorithm, and an innovative routine to more accurately evaluate the importance of modeling parameters.