Roxar launches its next generation structural modeling solution. The solution, which includes an intuitive user interface, new fault and horizon modeling tools, and improved 3D and integrated simulation gridding, will lead to quicker and more accurate characterizations of the reservoir, better decision-making with greater financial returns on data acquisition, and maximum reservoir performance.

The suite of structural modeling tools, which will be fully integrated with Roxar’s industry leading reservoir modeling solution IRAP RMS™, will enable users:

To reduce the time required to build a structural framework from months to weeks, thereby freeing up productivity to build more scenarios and reduce uncertainty;

To create high quality grids for reservoir modeling and simulation with Roxar having the ability to capture thousands of faults in a single model. Combined with other IRAP RMS™ modules, users will also be able to rapidly update the reservoir model in near real-time, where newly acquired data is processed, interpreted and updated into the model.

To improve simulation results with as much of the structural complexity as possible incorporated into the grid, producing simulation friendly grids, suitable for accurate predictions of production.

Said Roxar CEO, Gunnar Hviding, “Increasing operators’ ability to build or update structural reservoir models accurately and rapidly is one of the most significant productivity enhancement opportunities available in reservoir management today.”

“Get the structural model wrong and this will undoubtedly impact reserves calculations, production predictions and field development planning. Inaccuracies, due to complex faults for example, can directly impact the Net Present Value (NPV), or result in incomplete geological models going to simulation.”

“Through Roxar’s structural modeling solution, operators will be able to dramatically speed up the structural modeling process and improve the quality of their models with the level of structural complexity modeled being a user choice rather than one imposed by the technology. The result will be the unlocking of huge productivity improvements, a much greater return on investment from data acquisition and interpretation expenditure, and the very best in reservoir characterization.”