Since its acquisition of EnergyScitech last month, Roxar has lost no time integrating the EnAble history matching and uncertainty management package which is now an optional module within Roxar’s flagship geomodeler, Irap RMS.
Roxar CEO, Sandy Esslemont, said, ‘Roxar’s uncertainty management solutions cover the complete E&P lifecycle from prospect ranking to reservoir management. Now, multi-million dollar decisions on bid valuations, field development and operational plans can all be based on all available information, with a realistic understanding of the uncertainties.’
Roxar’s uncertainty management workflow performs history matches on a number of geological scenarios, creating models that are consistent with the geological interpretation. By incorporating multiple realizations into decision-making, companies can better quantify the effects of uncertainties on reserves.
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