New Software Release

MEPO 2016.2 Now available

Product details

As the complexity of fields intensifies and margins tighten, making optimal field development decisions and understanding risks are critical. Reservoir simulations are a key tool in this process. Managing uncertainties in the geomodel and organizing the hundreds or thousands of simulations required to test different predictive development scenarios is a challenge.

Release details

The MEPO multiple realization optimizer works in conjunction with simulation engines using a powerful run-management system to help you achieve fast and accurate 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 
  • 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
  • Unrivaled history matching capabilities
  • Robust production forecasting that incorporates subsurface uncertainty
  • Efficient well-screening functionality