Integrated asset modelling
20 Jul 2004
Schlumberger Information Solutions and Aspen Technology have entered into a five-year alliance to provide the upstream oil and gas business with a real-time software package that will provide operators with a continuousview of their assets, from reservoirs through to the processing facilities.
A fully integrated model will link the reservoir, wells, surface infrastructure, process facilities and economic conditions into a single computer simulation environment that will provide a common platform for field planning and real-time reservoir management.
The newly developed Aspen AssetBuilder asset modelling framework and graphical user interface will serve as the platform for the joint SIS AspenTech solution.
Other key software technology components include AspenTech's HYSYS Upstream process simulation technology, ECLIPSE reservoir simulation software, PIPESIM production system analysis software and the Merak Peep economic evaluation and decline analysis software.
Together, these integrated applications and services will enhance reservoir simulation, production and economic evaluation analysis, enabling operators to plan, manage and optimise oil and gas production.
