A fall in the global oil prices has led to a reduced level of activity across the African continent and has affected countries that rely on oil and gas revenue
As oil prices remain low, tight margins are now tighter, increasing the focus on operational excellence and the drive for an efficient, productive, safe work environment
Emerson’s Roxar Tempest 8.0 provides risk mitigation, increased field productivity and expanded integration from geosciences to production
Emerson Automation Solutions has launched the latest version of its reservoir management software suite, Roxar Tempest 8.0, bringing reservoir engineers more tools to maximise the potential of their fields. The latest version features additional history-matching capabilities; enhanced field productivity thanks to greater simulation performance; and an integrated workflow from geosciences to production
“Our reservoir management software has always had a simple goal – to help operators make better decisions and improve field economics when it comes to their development plans,” said Kjetil Fagervik, vice president of product development and marketing of Roxar Software at Emerson Automation Solutions.
“We have now taken this goal a step further, adding even greater value throughout the reservoir lifecycle by providing a technology platform that combines engineering and geology and ensures that the very best uncertainty and risk analysis information is available for those vital field development decisions.”
Further integration from geosciences to production as a result of the Big Loop solution, offering reservoir engineers an automated workflow that tightly integrates static and dynamic domains throughout the field’s lifetime, incorporates the stochastic property of geological inputs, and ensures optimal consistency of the reservoir properties with the underlying geology. Reservoir engineers can also utilize the Roxar App Connector to run additional third-party programmes or in-house applications, leading to improved uncertainty analysis through the closer integration of geology and engineering.
Roxar Tempest, which runs on Windows and Linux and operates alongside Emerson’s reservoir modeling solution, Roxar RMS, is an integrated software suite that provides a single, consistent interface and is used in hundreds of installations worldwide. Tempest modules include fluid analysis and an economic evaluation tool that provides cash flow analysis derived from simulation results. All modules can be deployed as an integrated suite with a common interface, or separately within third party simulation workflows.
Last week, Eskom announced that Kusile Power Station’s unit one attained full load, accomplishing yet another key highlight in the power station's history
Azikel Petroleum sign a contract with Ventech engineering to construct a 12,000 BPD refinery