Olyx ^Popular

Advanced reservoir simulation plug-in for Petrel® Optimize your Petrel workflow and make all your simulation runs count using Olyx! Olyx enables true integrated reservoir simulation studies through advanced history matching and optimization work directly within Petrel’s workflow manager. No more need for third party software to perform advanced history matching. Olyx allows your Petrel users to carry out integrated uncertainty assessments, advanced history matching studies for more reliable predictions, optimize field development plans and solve complex reservoir optimization challenges. Olyx supports production and RFT data and 3D/4D seismic enabling oil companies to completely close the loop between geological modeling and reservoir engineering. It empowers workflows that allow engineers to manage multiple geological realizations and to cooperate with geoscientists. The plug-in is available on Schlumberger’s Ocean Store. Overview Olyx is shipped with powerful stochastic optimizers, an intuitive objective function definition and a suite of post analysis tools tailored for reservoir engineering. In a multidisciplinary world Olyx works as an optimizer between the static and the dynamic model to ensure more confidence is given to the predictive model. Olyx completes Petrel and this makes it the reservoir optimization tool for the future. Features

• Reduce time and money spent on history matching by automating tedious tasks
• Make use of multiple sources of observed data including 3D and 4D seismic
• Convert history matches into reliable predictions
• Optimize field development plans
• Benefit from advanced well-modeling workflows with full support for vertical and horizontal wells
• Manage multiple geological realizations and make use of multiple scenario analysis
• Reduce uncertainty, manage risk and make better decisions

Note: Petrel and Ocean are registered trademarks of Schlumberger.