CMG and Shell sign simulator MoU

Computer Modelling Group is to help develop Shell’s next generation fluid flow reservoir simulator.

Calgary-based Computer Modelling Group (CMG) has signed a memorandum of understanding (MoU) with Shell International E&P BV for the joint development of reservoir simulation software. The MoU offers CMG the exclusive rights to commercialize software developed under the agreement – giving Shell ‘unlimited’ access to software developed for its internal use.


CMG CEO Ken Dedeluk said, ‘Combining our resources will leverage CMG’s R&D efforts, as Shell will contribute financial assistance and intellectual property, operational experience and in-house technical research. Our mutual goal is to align our simulator technologies and to jointly undertake the development of a new class of large-scale full-physics advanced reservoir simulators by combining the latest computing technology with our expertise in reservoir simulation.’

Click here to comment on this article

Click here to view this article in context on a desktop

© Oil IT Journal - all rights reserved.