New Software Release

MEPO 2016.3 Now Available

Product details

Field development decisions are built on extensive uncertainty quantification assessments to identify and mitigate economic risks under tight market conditions. In this process, reservoir simulations are best used in a scalable execution environment for result delivery on time. Uncertainty and optimization processes coupled with efficient case management organize hundreds or thousands of simulations for result-driven analysis and presentation.

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 supporting science, structure, and objectivity in simulation projects, the MEPO optimizer enables geoscientists and engineers to evaluate the full range of options to understand and manage development and production challenges.

Applications

  • Probabilistic, multiple realization approach for optimized decision making and risk mitigation
  • Optimization of field development plans and strategies for well injection, gas lift, and EOR
  • 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