Speed Revolution in Reservoir Simulation & Uncertainty Modelling
Powered by a robust and extremely fast reservoir simulator, ResAssure’s staggering speed-up is achieved by innovative numerical solutions and advanced mathematical formulations for solving subsurface challenges.
Overnight Automatic History MatchingImprove and validate the reservoir simulation model through ResAssure’s automatic history matching and reliably assess the uncertainty associated to the forecast development scenarios.
Optimised Recovery & ProductionCombining Markov Chain Monte Carlo (MCMC) mathematical techniques, with the latest Graphical Processing Units, ResAssure can now perform the massive computation required to generate a complete analysis of possible field development outcomes.
Reserves Uncertainty QuantificationResAssure quantifies the full range of probable fluid in place outcomes and recovery estimates with perturbation parameters related to geology and petro physics, fluid system and well production.
Improved Investment DecisionsQuantify the impact of sub-surface uncertainty on project viability with the extremely fast stochastic simulation of hydrocarbon reservoirs provided by ResAssure. This reduces the potential for over or under investment by providing an unprecedented level of certainty for oil and gas reserves.
Fast Core Simulator for Millions of Realisations
ResAssure has the fastest reservoir simulator in the world, taking a completely unique approach to modelling subsurface uncertainty.
Fast Simulation SpeedsResAssure provided 100~1000 times faster simulation speeds using innovative numerical solutions, robust polygonal gridding and aggressive spatial coarsening and time stepping. This simulation speed is sufficiently fast enough to enable the working reservoir engineer efficient turnaround of stochastic simulation solution within the working day.
Flex Through Multiple RealisationsResAssure can take multiple realizations generated through geostatistical techniques and utilize the inbuilt uncertainties to find history match solutions.
Advanced Statistical AnalysisRobust sampling algorithms enable rigorous subsurface risk quantification. The innovative sampling algorithms and their higher dimensional representations ensures far more accurate reserves reporting and probability recovery maps with advanced data mining
Complex Structural UncertaintyThe robust gridding algorithms incorporated in ResAssure enables users to define a structural uncertainty using two maps. This brings realistic uncertainty evaluation of fields where geological/geophysical uncertainties largely impact reservoir evaluation.
Achieve advanced mathematical formulations in minutes. Here’s How it Works:
ResAssure uses mathematical techniques & algorithms not previously used in the Oil & Gas industry for a faster-than-ever-before generation of full range probabilistic outcomes. And it does this, very, very fast.
The starting point for the ResAssure calculations is the deterministic output generated by traditional simulation programs. ResAssure then conducts a constrained random walk through the total solution space to locate all other feasible field development solutions (which could number into millions).
Analysis of the full range of outcomes provides an unprecedented level of assurance with respect to oil and gas reserves and project profitability.
Countless Features & Benefits
ResAssure offers users with a complete Stochastic Reservoir Simulation workflow, which dynamic reserves estimation and history matching. ResAssure’s key features and benefits is what sets apart from any other reservoir simulator.
Regardless of the scope and complexity of your reservoir problem, online drugstore usa ResAssure is an effective tool for a broad range of uncertainty and reservoir management.
Stochastic Simulation of Hydrocarbon Reserves
- Narrows the range of uncertainty in reserves estimation
- Better information for production and financing decisions
- Reduces the potential for over- or under-investment
Probabilistic Analysis of Oil & Gas Reserves
- Facilitates SPE-PRMS reserve reporting requirements
- Reduces development and financial risk
- Unprecedented level of resource assurance with respect to oil and gas reserves and project profitability
Subsurface Uncertainty Analysis
- Produces far more accurate estimates of hydrocarbon reserves
- Generates timely, accurate statistical analysis of the sub-surface uncertainty
Unique Mathematical Modelling Algorithms
- Identifies many thousands of valid models and feasible outcomes as opposed to a 1 single “deterministic” model
- Conventional simulators cannot provide timely decision support information
Faster simulation speeds
- Enables efficient turnaround of stochastic simulation solutions within a working day
- 24 hours of computing can generate > 100,000 realisations, each of which is a valid history-match or reservoir forecast
- Significantly speeds up the history matching process
Cloud based ”on demand” solution
- Accessible 24hrs a day from anywhere in the world
- Data stored securely
- Scalable computing infrastructure (turn on or off quickly)
- Software updates can be deployed dynamically (site visit not required)
- Enables increased collaboration
- Environmentally friendly – 30% less energy consumption and carbon emissions than using on-site servers
SaaS & Pay as you Use Model
- Minimal or no large upfront capital expenditure required
- Flexible licensing
- No major onsite installation required
- Access can be shared with multiple users across multiple systems
Simple and Intuitive Web Based Interface
- Powerful, easy to use, minimal training required
- Few, if any compatibility issues – web based interface will work in many locations, on many PCs without extensive system requirements
- Simple and fast implementation
Stochastic Simulation offers consultants the opportunity to benefit from some of the most innovative solutions in the Oil & Gas industry and increase revenue through our comprehensive accreditation program.
Stochastic Simulation’s accreditation program enables consultants to receive in-depth product training to ensure you can leverage the full potential of our solutions and provide your client’s with exceptional added value.
Click here for more info on how Stochastic’s Solutions can increase your revenue and provide substantial value to your customers.