Russian oil company TNK-BP has awarded Roxar a ‘multi-million’ dollar contract for reservoir modeling and simulation software. Roxar’s 3D reservoir modeling software, Irap RMS and its Tempest reservoir simulator are to be deployed at TNK-BP’s R&D centers including the Tyumen Research and Technology Center, the Izhevsk Research and Technology Center, TNK Nyagan, TNK Nizhnevartovsk, Samotlorneftegaz and Varyoganneftegaz. The deal includes over 100 software licenses.
Roxar CEO, Sandy Esslemont said, ‘Roxar’s strength lies in its solutions, which enable everybody involved in the discovery-to-production lifecycle to share critical information, work together more effectively and maximize reservoir performance. This will enable TNK-BP to maximize reservoir performance and profitability.’ Other Roxar customers in the CIS include Lukoil, Bashneft, Sibneft, Tatneft, Rosneft and Zarubejneft. Roxar also partners with CIS petroleum geology institutes, including the I.M. Gubkin State University for Oil and Gas, Moscow State University and Tyumen State University.
TNK-BP, employs more than 100,000 people and in 2004, produced an average of 1.44 million barrels per day. The company is 50% owned by BP and 50% by a Russian investors Alfa Group, Access Industries and Renova (AAR).
© Oil IT Journal - all rights reserved.