KEYFACT Energy
Date: July 26, 2023
Time: 10:00 - 11:00am MST
From Planter Boxes to Production
Have you ever eagerly grown your own fruits and vegetables, only to be let down by a lackluster harvest? You buy a planter box, seeds, and soil. Then invest the sweat equity into getting everything planted and taken care of. Yet, despite your efforts in acquiring supplies and dedicating time and energy to planting and care, you ended up with underwhelming results—small tomatoes, weak herbs, and mediocre broccoli.
Chances are, you overlooked a crucial step—thorough research for success and optimization. Did things grow? Sure. But without understanding factors like plant compatibility, sunlight, and water needs, you may not have maximized the results of your hard work.
Reservoir modelling is no different. While conventional reservoir modelling sounds simple enough, having the right technology and information enables you to capture the most out of your primary and secondary oil recovery processes.
Black Oil Conventional Solution
CMG black oil conventional solution gives you the information you need to make critical operational decisions as quickly as possible. With an easy workflow powered by Builder, IMEX, and CMOST and Petrel, the company integrate geomodelling and field optimization to provide valuable insights and increase your return on investment.
IMEX simulates primary and secondary oil recovery in all reservoir types.
Discover how easy it is to go from PETREL to Builder to seamlessly create a reservoir simulation model.
CMOST enhances your ability to optimize and get actionable insights quickly.
Get the most out of your assets
CMG's seamless workflow for conventional oil modelling was tested with a field example. In this brownfield waterflood design and optimization study, we found a 20% improvement in recovery with IMEX and increased NPV by almost 60% in an optimization workflow that's four-times faster using CMOST.
Multiple disciplines can work together starting from geomodelling in Petrel, smoothly transitioning to Builder to complete the base dynamic model, and then moving to CMG's optimizer (CMOST) for determining the best path forward.
Join CMG to learn more about optimizing your assets, maximizing your return on investment, as quickly and efficiently as possible.
- Improved economics and return on investment
- Increased recovery from primary and secondary processes
- Save time and resources through seamless integration
- Seamless multidisciplinary approach
- Make informed decisions through physics-based modelling