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What is Stochastic Reservoir Simulation?

Latest News

Stochastic Simulation Ltd Appoints New Director

30 September 2015

Oil and Gas technology company Stochastic Simulation Ltd (SSL) has strengthened its board of directors with the announcement of an appointment of a new director.

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We're Hiring - Looking for a Junior Petroleum Engineer

02 September 2015

The team at Stochastic Simulation are hiring. We're looking for a recent Petroleum or Reservoir Engineering graduate who would like to work in the Oil and Gas software technology sector?

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Dr. Andrew Wadsley to deliver keynote address at SPE IPM workshop

07 August 2015

Stochastic Simulation's CTO, Dr. Andrew Wadsley, will be delivering the keynote address at the Society of Petroleum Engineers (SPE) Integrated Production Modelling workshop in Perth on 16-18 August 2015.

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Webinar: Using GasAssure for Integrated Asset Modelling and Production Planning

02 July 2015

Register now for the latest webinar from Stochastic Simulation on Using GasAssure for Integrated Asset Modelling and Production Planning - Tuesday, July 14, 2015. Read more ...

Oil Deliverability Modelling and Production Forecasting

An OilAssure model predicts the performance of a group of oil and gas reservoirs connected to a pipeline system.

  • It is a specialist tool for oil deliverability modelling and production forecasting
  • Its principal application is in the modelling of integrated oil field developments
  • Additional application extends this to include the integrated development of multiple oil and gas fields
  • Models the oil production chain from reservoir to export point and, as such, is a "Reservoir to Tank Farm" model
  • Calculates field and reservoir production profiles using individual well profiles and a drilling sequence with facilities constraints
  • Creates tabular output, as well as displaying the results in graphical form using the OilAssure interactive plotting program

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