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ease
features
design
support

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Description

Adopt a hybrid approach that integrates AI with physics-based reservoir simulation to significantly boost the productivity of your reservoir engineers while achieving operational excellence. This innovative method allows for simulations to be conducted in a fraction of the time typically required by traditional techniques, enabling the rapid streaming of new production data to refine forecasts in just minutes. You can efficiently explore various development scenarios, cutting down the time required from over a month to mere hours, all with minimal staffing. Maintaining a clear perspective on where additional development opportunities lie allows for the strategic redirection of efforts towards the most productive areas, thereby enhancing and optimizing production from established assets to ensure a steady revenue flow. This approach not only shortens the decision-making cycle but also minimizes costly overhead expenses. The journey towards operational excellence begins by transforming your previously underutilized dynamic reservoir model into an ultra-fast, always-reliable tool for production forecasting that supports operational planning and budgeting. This represents a groundbreaking advancement that seamlessly fuses AI with numerical simulation methodologies, paving the way for more effective resource management in the industry. By embracing these modern techniques, organizations can position themselves for sustained success in a competitive landscape.

Description

Launched in the early 1990s, PROSPER has undergone continuous research and development for more than twenty years. Each year, enhancements are made, adding new models and features to its already comprehensive array of functionalities. With over three million combinations available, it can effectively simulate a wide range of physical phenomena occurring in wells and pipelines. Despite this extensive modeling capacity, the adaptive interface smartly limits the user's view to only the necessary input fields and menus based on their selections, thereby simplifying the model-building process. PROSPER has become the benchmark in the industry for well and pipeline modeling, thanks to its exceptional technical foundation and distinctive modeling features. Today, it plays a pivotal role in the Digital Oil Field system, with its calculation engine being employed in various workflows in real time across hundreds of fields globally. As a result, users from diverse regions benefit from its advanced capabilities, solidifying its reputation as an essential tool in the oil and gas sector.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Target Solutions

Founded

2004

Country

Oman

Website

meerasimulation.com

Vendor Details

Company Name

Petroleum Experts

Founded

1990

Country

Scotland

Website

www.petex.com/products/ipm-suite/prosper/

Product Features

Oil and Gas

Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management

Product Features

Oil and Gas

Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management

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