Emerson Process Management has launched Roxar Tempest™ 7.1, the latest version of its integrated reservoir engineering software suite. The new software comes with major enhancements to its uncertainty management and reservoir prediction features within the software module Tempest ENABLE, allowing users to create ensemble-based prediction workflows and better quantify uncertainty in production forecasts.
Tempest 7.1 also comes with significant advances to its Tempest MORE reservoir simulator and Tempest VIEW, the pre and post-processing interface for all Tempest modules.
The new innovations in Tempest ENABLE are the first commercial results of the three-year Total Uncertainty Management program with leading operator Statoil. They also build on the long-term collaboration with the Department of Mathematical Sciences at the UK’s Durham University on the development of statistical algorithms.
“Generating accurate future production estimates, quantifying uncertainty, and minimizing financial risk represent three of the industry’s greatest challenges,” said Kjetil Fagervik, managing director of Emerson’s Roxar Software Solutions.