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Ratings and Reviews 0 Ratings
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What is Meera Simulation?
Implementing a hybrid strategy that merges AI technologies with physics-based reservoir simulation can greatly enhance the efficiency of reservoir engineers and drive operational success. This cutting-edge approach enables simulations to occur in a fraction of the time that traditional methods require, allowing for the swift integration of new production data to update forecasts within minutes. You can efficiently assess a range of development scenarios, reducing the necessary timeframe from over a month to just a few hours while maintaining a lean workforce. By keeping a focused view of potential development opportunities, you can strategically shift efforts towards the most lucrative areas, thus optimizing production from existing assets and ensuring consistent revenue streams. This method not only accelerates the decision-making process but also reduces expensive overhead costs. The path to operational excellence starts with transforming your previously underused dynamic reservoir model into a hyper-efficient, reliable production forecasting tool that facilitates operational planning and budgeting. This innovative advancement represents a significant leap forward, combining AI with numerical simulation techniques to enhance resource management within the industry. Adopting these progressive methods positions organizations for ongoing triumph in a competitive environment, ensuring they remain at the forefront of technological advancements and industry best practices.
What is Field Development Planning?
The rapidly evolving nature of market dynamics, combined with the rise of remote work and increasing financial pressures, requires operators to adapt more quickly than ever before. Aucerna's Field Development Planning software provides essential tools for planners, engineers, and economists, enabling them to make well-informed decisions that align with asset goals. By offering a comprehensive, integrated platform, your teams can efficiently develop schedules, track ongoing operations, and quickly adjust to changing field conditions. Recognizing how modifications to schedules influence production start dates and output levels enables you to retain confidence in your production timelines and forecasts. Aucerna's cutting-edge solution features sophisticated modeling software for field development, along with powerful simulation and optimization tools that aid teams in evaluating the economic repercussions of various elements, including reservoir size, facility needs, capacity, and rig scheduling. Additionally, this platform guarantees that all interdisciplinary teams—spanning reservoir, marketing, production, and finance—have coordinated access to development strategies, current estimates, budgets, and consolidated reports, thereby promoting collaboration and boosting operational efficiency. Such a high degree of integration and accessibility not only enhances communication but also significantly improves decision-making processes throughout the organization. The result is a more agile response to market conditions and a stronger alignment of resources towards achieving strategic objectives.
Integrations Supported
Additional information not provided
Integrations Supported
Additional information not provided
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Target Solutions
Date Founded
2004
Company Location
Oman
Company Website
meerasimulation.com
Company Facts
Organization Name
Aucerna
Date Founded
2005
Company Location
Canada
Company Website
aucerna.com/workflow/field-development-planning/
Categories and 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
Categories and 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