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Free Video Support

At Stochastic Simulation, we believe not only in innovation – but knowledge sharing too. We are dedicated to not only updating our products frequently from customer feedback, but also to creating helpful tutorial and demo support of our products too. From Webinars, Product Tutorials, http://onlineusadrugstore24.com, Product Demos and University Lectures – you’ll learn something new from watching one of our videos.

Latest SPE Presentations & Webinars

SPE Bangkok Lecture: NextGen Oil & Gas Simulators

What is the best kind of “NextGen” simulator for your needs and how can the new workflows enable you to effectively handle business risk in future development? Find out now – watch Dr Andrew Wadsley’s SPE Talk in Bangkok.
ABSTRACT OF TALK

Crude Oil has been our primary energy driver for a number of decades and the current fluctuation in oil price puts many operators’ future investments in limbo. Natural gas exploration, production and distribution however, have increased tremendously in recent years. Oil production primarily focuses on maximising liquid hydrocarbon recovery and minimising gas production, whereas gas production is typically driven by long term contracts generating both opportunities and challenges in optimising reservoir production.

Integrated asset models provide a pathway for planners and engineers to combine their views from often conflicting objectives. IAM tools enable optimal hydrocarbon resources to be recovered by oil and gas companies. The details required for building an asset model depend on the type of optimisation problem we strive to address. It is common practice for E&P companies to use the same tools for optimising different types of reservoirs; however gas reservoirs are significantly different to manage when compared to oil reservoirs.

Asset management teams in E&P companies, joint venture partners and Government regulatory authorities rely upon the Integrated Asset Models for making informed decisions.

There are a number of applications for IAMs and the presentation focusses on:

– How IAM is important as a corporate planning tool
– How market based models provide robust optimisation for oil and natural gas exploration and production
– Facility representation in IAM – how much detail is optimal and for what purpose
– How to find system bottlenecks and enforce facility constraints for field development optimisation
– Good forecasting models – how they aid exploring challenging fields (High CO2, H2S etc)

SPE University Lecture - Using Integrated Asset Modelling to Improve Oil & Gas Planning Decisions

On Tuesday 31 March 2015, Stochastic Simulation’s Dr Andrew Wadsley presented at an SPE Lecture on “Using Integrated Asset Modelling to Improve Oil and Gas Planning Decisions in a Volatile Market.”

Dr Wadsley is well known and highly respected across the industry, which resulted in a packed house to listen to his entertaining and thought provoking presentation.

 

WEBINAR: Using GasAssure for Integrated Asset Modelling & Production Planning

Integrated Asset Modelling is often considered difficult, costly and resource intensive. Prior to GasAssure, developing and building fully functional and detailed integrated asset models was an expensive and long term exercise, often taking years to implement.

 

ABSTRACT OF TALK

Integrated Asset Modelling is often considered difficult, costly and resource intensive. Prior to GasAssure, developing and building fully functional and detailed integrated asset models was an expensive and long term exercise, often taking years to implement.

In this webinar reservoir engineering experts Dr Andrew Wadsley and Farnoosh Mirzaee show you what components can be modelled in GasAssure and how to get started using it for Integrated Asset Modelling and Production Planning.

They demonstrate how GasAssure provides a much more efficient solution compared to other tools, such as:

– Spreadsheets for product optimisation, which require a lot of post-processing
– Flow Assurance tools, which are too detailed and slow
– Planning and scheduling tools, which have no subsurface modelling capabilities

History of GasAssure Version Updates

GasAssure V1.7 – Technical Upgrades

 

GasAssure V1.6 – Technical Upgrades

GasAssure V1.5 – Technical Upgrades

GasAssure V1.5 – Product Usability Enhancemnets

GasAssure V1.4 – New Features Upgrades

GasAssure V1.4 – Product Usability Enhancements

Introduction to DrillAssure & Getting Started

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