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PetroVR 11.1 arrives featuring thermal recovery and unconventional workflows

Thursday, November 14, 2013

Caesar Systems announced that PetroVR Version 11.1 has been released, featuring new capabilities for modeling thermal recovery systems and enhancements that complete the PetroVR suite of unconventional workflows.

''With the release of PetroVR 11.1, we have completed a three-year software development plan that began in 2010 to build upon our mature offshore modeling capabilities and workflows, and simplify how unconventional appraisal workflows are handled to reveal scheduling and financial risk vulnerabilities,'' said Ken Blott, chief strategist for Caesar Systems.

PetroVR 11.1 includes 29 new capabilities and 649 enhancements, driven by specific client requests for answers to real-world modeling challenges and greater efficiency on unconventional projects. ''Forty-four separate requests from clients through our Help Desk accounted for 25 of the 29 major, new capabilities in this 11.1 release,'' Ken Blott said.

New Module for Unconventional Workflows: PetroVR Thermal

PetroVR Thermal, a separate new module, has been developed over several years in cooperation with a super major oil company client to support thermal recovery systems, including shale oil projects that use heating wells, and heavy oil projects that require steam injection (SAGD). PetroVR Thermal is enabled with a separate PetroVR license. Request a Demo/Trial or Contact a Client Coach to access these new thermal recovery capabilities.

With the Thermal Module enabled, PetroVR can now model production patterns with two new injector types: Steam Injection Wells, and Heating Wells; and new facility types, including Steam Injection Facilities, Steam Injection Plants, and Power Plants. Steam Injection Plants can be optionally turned into Co-Generation Plants to produce electricity together with steam. These powerful modeling tools make it simple to constrain power-consuming activities based on available power; calculate fuel consumption, required power, delivered power, as well as power shortfall and power available for sales; and reveal the optimum balance between self-generated and grid-supplied power.

Associated Companies
» Caesar Systems
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