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What is Stochastic Reservoir Simulation?

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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...

Ask the Experts at APPEA 2015: Very High Stresses and Casing Deformation in the Nappamerri Trough, Cooper Basin , and how to delineate prospective, adjacent, lower stress, fraccable area

12 May 2015

If you have a vested interest in the Cooper Basin we highly recommend coming to have a discussion at Stand 59, for an insightful look at a recent study carried out in Nappamerri Trough of the Cooper Basin.

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We're Hiring - Looking for a C# Junior Developer

05 May 2015

The team at Stochastic Simulation are hiring. We're searching for a recent graduate, junior developer or gap-year student who is motivated to work in the oil and gas industry developing leading edge applications.

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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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