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Kongsberg Contract For 3d Visulisation Tool
Created on
16 February 2010 by host
0 Comments | Categories: Industry News
Kongsberg Oil & Gas Technologies (KOGT), a pioneering developer of integrated process simulation and flow assurance solutions, yesterday (Wednesday 10th February 2010) at Subsea UK revealed it has won its first contract for its latest 3D visualisation technology, SIM Reservoir. This significant order demonstrates the growing capabilities of KOGT within the sector, as the leading integrated simulator solutions developer launches its revolutionary tool to the industry at Subsea UK in Aberdeen.
The contract will see KOGT provide one of the largest National Oil Companies in the Middle East 14 licenses for the new upstream software tool across its global operations. This first order, placed in December 2009, shows how major oil companies are recognising the considerable benefits the technology can bring to reservoir development.
KOGT has taken an industry lead by being the first simulation and visualisation tool developer to take advantage of 3D screen technology, similar to that used by the cinema and gaming industries. Designed to give drilling engineers a better understanding of reservoir dynamics SIM Reservoir presents real time data in 3D graphic form using this cutting-edge technology. The reservoir model pops out of the screen, without the need of special glasses giving users a more realistic image of subsurface structures, and hence helping them to make critical decisions.
"SIM Reservoir is expected to see significant growth within the UK market following a £2 million investment in sophisticated 3D visualisation technology last year," comments Mark Baldwin, Sales Manager at KOGT, "The development of SIM Reservoir is a strategic milestone for the expansion and continued success of KONGSBERG into the North Sea oil and gas business.
"This next generation reservoir simulation tool is designed to improve decision making and efficiency during post processing of reservoir simulations. Using 3D gives added information with regards to depth and distances of the objects being viewed, which is invaluable in an environment where the slightest of inaccuracies can be costly.
"Subsea UK is an ideal platform to showcase this technology to a wider audience. Following the contract with the Middle East NOC, we're already in talks with several major UK operators and are very encouraged by the initial interest we're receiving in SIM Reservoir."
To learn more about SIM Reservoir visit Kongsberg Oil & Gas Technologies on stand A9/10 at Subsea UK 2010 at Aberdeen Exhibition and Conference Centre in Aberdeen or www.kongsberg.com/kogt
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