Emerson Process Management has launched the latest version of its reservoir modeling software, Roxar RMS™. The new version comes with enhanced structural modeling tools that acknowledge realistic uncertainties in the data and improve volumetric sensitivities.
Latest version of Roxar RMS™ comes with new structural modeling and uncertainty management tools, leading to greater operator confidence in reservoir economics, improved decision-making and more productive workflows
STAVANGER, NORWAY (June 16, 2015) -- Emerson Process Management has launched the latest version of its reservoir modeling software, Roxar RMS™. The new version - RMS 2013.1 - comes with enhanced structural modeling tools that acknowledge realistic uncertainties in the data and improve volumetric sensitivities. This makes it faster and easier for modelers to build geological scenarios, investigate the full effects of structural uncertainty, and maximize the value of their reservoir assets.
“Too often in the past reservoir modelers have had to resign themselves to using best case estimates of faults and horizons, with the inherent uncertainty in these interpretations often neglected and thereby underestimating the actual uncertainty in reservoir volumes,” said Kjetil Fagervik, managing director of Emerson’s Roxar Software Solutions.
He continues: “With our new version of Roxar RMS and our tightly integrated structural modeling and gridding tools, users will be able to quantify uncertainty more effectively and increase confidence when it comes to crucial decisions on where to drill, what production strategies to adopt, and how to maximize recovery.”
As part of the new enhancements, RMS 2013.1 also sees fault uncertainty tools further integrated with structural modeling and 3D gridding. This enables users to build fault uncertainty models in full and investigate a wide variety of scenarios corresponding to the uncertainty in the input data.
In addition, horizon uncertainty modeling is significantly enhanced, allowing users to create horizons and zones based on uncertainty data and information derived from well picks, velocities, seismic travel times and isochores. Uncertainty modeling has also been extended with new parameters added such as the modeling of fault sealing effects and fractures.
The accuracy of the models can be further improved with the new tool for adjusting the 3D grid to well picks, and enhanced isochore modeling tools that provide users with full quality control over isochore input data.
The focus on the geophysical domain sees further enhancements to the new Model-Driven Interpretation (MDI) tools first released in RMS 2013 with improvements to MDI and velocity modeling through new tools for QC-ing the velocity model, providing input for horizon uncertainty modeling, and for well-ties.
Efficiencies and performance is improved through multi-threading (the ability for computing to take place in parallel), new SEG-Y importing functionality and RMS Data Explorer that allows users to manipulate large amounts of data with advances in well administration and fault grouping/sorting.
Finally Roxar RMS 2013.1 also comes with new predictive analytics tool for identifying sweet spots within unconventional fields.
Kjetil Fagervik concludes: “When it comes to strengthening operator confidence in their reservoirs’ economics, improving decision-making and increasing workflow productivities and efficiencies, Roxar RMS is changing the reservoir modeling landscape. RMS 2013.1 will be the first of a number of significant modeling advances over the coming months.”
Emerson’s flagship reservoir modeling solution, Roxar RMS, is comprised of 24 fully integrated software modules that form a seamless and fully integrated seismic to simulation workflow. This includes seismic interpretation, structural model building, 3D gridding, facies and petrophysical modeling, flow simulation, well planning and uncertainty modeling tools. RMS operates on Red Hat Enterprise Linux 64-bit versions 5 and 6 and on Windows 64-bit 7.
About Emerson Process Management
Emerson Process Management (www.emersonprocess.com), an Emerson business, is a leader in helping businesses automate their production, processing and distribution in the chemical, oil and gas, refining, pulp and paper, power, water and wastewater treatment, mining and metals, food and beverage, life sciences and other industries. The company combines superior products and technology with industry-specific engineering, consulting, project management and maintenance services. Its brands include PlantWeb™, Syncade™, DeltaV™, Fisher®, Micro Motion®, Rosemount®, Daniel™, Ovation®, AMS Suite, and Roxar™.
Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets around the world. The company is comprised of five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. Sales in fiscal 2014 were $24.5 billion. For more information, visit Emerson.com.