Halliburton’s Landmark Software and Services has released version 5000.4 of the Nexus reservoir simulation software suite for total asset management that allows companies to accurately model hydrocarbon assets, enabling rapid decisions on high-dollar development scenarios.
The software gives reservoir engineers a solution that provides significant advances in integrated reservoir and facility modeling. New capabilities include dual porosity for modeling naturally fractured reservoirs, loosely coupled geomechanics for modeling subsidence, and a new visualization module for analyzing well and surface facility results.
According to Halliburton, benchmarking efforts against a range of existing, commercially available simulators have demonstrated that Nexus software is on average five times faster, enabling engineers to evaluate more production scenarios with increased detail. The surface facility integration allows for the coupling of multiple reservoir models through a common surface network.
In addition, Nexus software performs simulation of the surface and subsurface simultaneously – unlike traditional approaches that solve them separately – to provide better results for more informed decisions. www.halliburton.com
Recommended Reading
Halliburton Secures Drilling Contract from Petrobras Offshore Brazil
2025-01-30 - Halliburton Co. said the contract expands its drilling services footprint in the presalt and post-salt areas for both development and exploration wells.
TGS to Reprocess Seismic Data in India’s Krishna-Godavari Basin
2025-01-28 - TGS will reprocess 3D seismic data, including 10,900 sq km of open acreage available in India’s upcoming 10th Open Acreage Licensing Policy (OALP) bid round blocks.
RoboTrucks Arrive in Permian Basin, Haul Proppant for Atlas Energy
2025-01-24 - Autonomous trucks developed by Kodiak Robotics delivered sand, off-road, for Atlas Energy Solutions’ Permian operations beginning in December.
Halliburton Sees Strong Adoption of New Oilfield Tech Offerings
2025-01-22 - Halliburton Co.’s Zeus e-fracs, Octiv auto-fracs and the Sensori monitoring platform are setting the stage for long-term growth, CEO Jeff Miller says.
New Era Helium, Sharon AI Cement Permian Basin Data Center JV
2025-01-21 - New Era Helium and Sharon AI have created a JV, Texas Critical Data Centers, and are working on offtake gas supply agreements and site selection.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.