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What is Logicom E&P?

The assessment of reserves and resources incorporates techniques such as NMR, acoustic, and image log analysis, along with the use of core databases and interpretation software. To effectively address volumetric equations, the Resource Evaluation Programme (REP) utilizes the well-established Monte-Carlo method for precise calculations. LogIC acts as a crucial petrophysical analysis platform for analyzing NMR data, image logs, sonic waveforms, and traditional well-logging information. The Core Chopper tool is instrumental in converting boxed core images into depth-indexed strips, which streamlines their incorporation into petrophysical software. Additionally, Q-SCAL facilitates the management, storage, and examination of various core analysis data, both conventional and specialized. This software, developed by experts in geology and petrophysics, meets practical challenges that arise during exploration and production stages. LogIC has undergone enhancements to focus on speed, versatility, and superior output, establishing it as a vital asset for idea generation, experimentation, and effective communication. Collectively, these tools bolster the precision and efficiency of resource estimation processes within the industry, ultimately leading to smarter decision-making and improved project outcomes.

What is Analytic Solver?

Analytic Solver Optimization provides full compatibility with the Excel Solver and is adept at tackling various traditional optimization problems without uncertainty, regardless of their size or complexity. Its distinguishing feature lies in its ability to algebraically analyze the structure of your model while harnessing the complete processing power of multiple cores available on your computer. This tool can efficiently solve nonlinear models that are up to ten times larger and linear models that can be forty times larger than those manageable by the Excel Solver, resulting in significantly quicker solutions and the ability to incorporate Solver Engines capable of handling millions of variables. Furthermore, Analytic Solver Simulation offers a highly intuitive yet powerful platform for conducting Monte Carlo simulations, performing risk analysis, creating decision trees, and optimizing simulations, all while utilizing Frontline’s advanced Evolutionary Solver. With an extensive selection of 60 probability distributions, including compound distributions, automatic fitting, rank-order correlations, and copula-based correlations, as well as 80 statistical measures, various risk assessments, Six Sigma functions, and the potential for multiple parameterized simulations, it emerges as a comprehensive resource for intricate analytical requirements. This rich array of features guarantees that users can conduct thorough analyses efficiently and accurately, solidifying its status as an essential tool in both optimization and simulation fields. Ultimately, the versatility and power of Analytic Solver make it a go-to choice for professionals seeking to enhance their analytical capabilities.

Media

Media

Integrations Supported

Datto RMM
Datto Workplace

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

Logicom

Date Founded

1985

Company Location

United Kingdom

Company Website

www.logicomep.com

Company Facts

Organization Name

Frontline Systems

Company Website

www.solver.com

Categories and Features

Oil and Gas

Not specified

Categories and Features

Predictive Analytics

AI / Machine Learning
Data Mining
Demand Forecasting
Modeling & Simulation
Sentiment Analysis

Risk Management

Dashboard
Risk Assessment

Simulation

Continuous Modeling
Monte Carlo Simulation
Stochastic Modeling

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