Oil & Energy - Houston, Texas, United States
PETROLANCE produces IT solutions for oil & gas reservoir simulation. We developed pre-processor SimEDIT and post-processor SimVIEW to ensure safe data transfer to and from our upcoming simulator JAVELIN. JAVELIN will feature cloud-based parallel computing performed on both CPUs and GPUs, integrated by default history matching and Monte Carlo scenario prognosis. It will allow tweaking some of the geostatic parameters while performing hydrodynamic simulation, thus implementing the concept of multiple realizations scenarios. Using our pay-per-run in-cloud service, you can forget about the installation of expensive workstations with proprietary software and save up to 70% of your current reservoir modelling costs.