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What is Stochastic Reservoir Simulation?

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Notice of Annual General Meeting

11 November 2015

Notice is hereby given that the annual general meeting of shareholders of Stochastic Simulation Limited (“Company”) will be held at Unit 4, 97 Hector Street West, Osborne Park, Western Australia on Friday 4 December 2015 at 4.30pm (WST).

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China FTA: Tweaked 457 visas have their work cut out

30 October 2015

For Leo Mullins, the head of Perth-based oil and gas consultancy Stochastic Simulation, the changes made to the 457 visa program as part of the China free-trade agreement address an issue that no longer exists.

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Stochastic Simulation Ltd Targets Expansion

19 October 2015

Perth reservoir engineering consultancy Stochastic Simulation Ltd (SSL) has bucked the recent trend of oil and gas layoffs with a round of graduate appointments to its head office.

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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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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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