TECH SPOTLIGHT Official Release of the MEERA Simulation
Package TARGET has announced the official release of its MEERA simulation package. A revolutionary break through that combines AI and numerical simulation models in one framework making it the first AI-Physics augmented reservoir simulator.
MEERA Simulator is a conventional 3D, 3-phase numerical reservoir simulator which guarantees mass conservation for all compositions within the reservoir and wells using flux conserved form of finite volume discretization for governing Navier-Stokes equations. The actual simulation is performed on a multi-scale grid with arbitrary up-scaled grid block properties.
The AI/ML Engine Is a multi-layer deep learning framework having fully connected networks in conjunction with various drop-out layers and coupled with enhanced LSTM based recurrent neural networks.
“We are extremely proud to deliver to market this extraordinary intelligent reservoir simulator,” said Ali Al Mujaini, TARGET CEO.
With this our clients can now produce;
• Better alignment between development and operation plans and provide stable and auditable cash flow predictions to their shareholders; • Up-to-date and reliable remaining hydrocarbon maps to optimize infill drilling locations between FDP cycles; • Better optimization of development strategies by running numerous scenarios in minutes.
TARGET is an international technology and services company focused on delivering digital transformation solutions to data-driven industries. We work with a broad range of clients from policy makers, regulators, service providers and operators, to financial institutions and investors across a variety of industrial sectors. Whilst TARGET’s core business has its origins in the upstream oil and gas sector, our technology solutions are scalable, expandable and portable across other extractive industries.
Giant Piston Corer for CSIRO
The Commonwealth Scientific and Industrial Research Organisation (CSIRO) in Australia have purchased a 24m Giant Piston Corer system for the RV Investigator from global marine sediment coring experts Ocean Scientific International Ltd (OSIL).
The modular deep sea sediment coring system comprises four 6m-long barrels, a stainless steel head with removable lead weights and a mechanical trigger arm with 1m long pilot core. The system has been specified with deck stands, deck storage for the head and barrels and a comprehensive package of tools and spares.
The OSIL Giant Piston Corer systems can achieve recovery rates of over 95% in soft sediments and provides a more complete, longer and less disturbed sample than traditional gravity coring systems owing to the unique integral piston, which reduces internal friction and prevents plugging.
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Piston Corers are one of the most important basic tools used in the study of marine sediments, and OSIL offers customisable systems (including Launch and Recovery Systems and Winches) from 4m to 60m in length. Ocean Scientific International Ltd. have a vast wealth of knowledge and experience in designing, planning and installing customised coring systems, and can pair the system with a variety of different handling systems to suit the existing vessel layout, equipment and available deck space.
OSIL are experts in the manufacture, global supply and operation of sediment corers up to full ocean depth, with particular experience in the oil and gas and marine mining industries and a worldwide customer base that covers a wide range of sectors including offshore renewable energy, coastal engineering, ports and harbours, oil and gas, aquaculture, water and utilities, academia, research and statutory monitoring.
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