Cmg Reservoir Simulation Software
| Public | |
| Traded as | TSX: CMG |
|---|---|
| Industry | Oil and gas |
| Founded | 1978 |
| Founder | Khalid Aziz |
| Headquarters | Calgary, Alberta, Canada |
Number of locations | 7 |
| worldwide | |
| Products | Reservoir simulation software |
| Services | Training, Consulting, Reservoir Simulation Software development |
| Revenue | C$84.86 million (2015)[1] |
Number of employees | 201-500 |
| Website | cmgl.ca |
Reservoir Simulation is a field developed in petroleum engineering where it utilizes porous media in computer modeling to estimate the fluids dynamics, its goal is to predict the field performance under varies producing strategies. Typical Workflow in Reservoir Modeling & Simulation Geologic Model (Petrel) Simulation Model (Eclipse, CMG) History Matching Evaluation of EOR/IOR Floods Description of Reservoir Structure & Faults Rock Facies & Flow Units Fracture Network & Connection Remaining oil Well Logs Well Completions Core ɸ, K, Sw, So Seismic Survey 3D Grid System.
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Computer Modelling Group Ltd., abbreviated as CMG, is a software company that produces reservoir simulation software for the oil and gas industry. Minecraft version 1. 12 download. It is based in Calgary, Alberta, Canada with branch offices in Houston, Dubai, Bogota, Rio de Janeiro, London and Kuala Lumpur. The company is traded on the Toronto Stock Exchange under the symbol CMG.
The company offers three reservoir simulation applications. IMEX, a conventional black oil simulator used for primary, secondary and enhanced or improved oil recovery processes; GEM, an advanced Equation-of-State (EoS) compositional and unconventional simulator; and STARS a k-value thermal and advanced processes simulator. In addition, CMG offers CMOST, a reservoir engineering tool that conducts automated history matching, sensitivity analysis and optimization of reservoir models.[2]
History[edit]
The company began in 1978 as an effort to develop a simulator by Khalid Aziz of the University of Calgary's Chemical Engineering department, with a research grant from the government of Alberta. CMG became known for its expertise in heavy oil, and has expanded this knowledge into all aspects of reservoir flow and advanced processes modelling. A commercial product was available by the late 1980s. For the first 19 years of the company's history it was a non-profit entity. In 1997, CMG became a public company when it was listed on the TSX. The company now claims over 570 clients in 58 countries.[3]
References[edit]
Cmg Reservoir Simulation Software Download
- ^'Financial Statements for Computer Modelling Group'. Google Finance. Retrieved 7 August 2016.
- ^'CMG Homepage'. Retrieved 7 April 2016.
- ^'CMG'. Retrieved 31 January 2017.