EMERSON Process Management has released the Roxar RMS 2013, the latest version of its reservoir modelling software.
RMS 2013 now comes with model driven interpretation capabilities and new, innovative solutions for seismic interpretation that are tightly linked to geological model building and provide users with a full seismic to simulation workflow.
According to Emerson, RMS 2013’s model driven interpretation enables users to create the geological model while conducting seismic interpretation and also captures uncertainty during the interpretation phase.
In turn, this feature will provide users with tools for quantifying geologic risk early in the interpretation process which would enable better decision-making and improved investment returns.
“As the industry moves into more complex geological settings and more economically marginal prospects, the improved quantifying of geologic risk and the ability to make decisions faster based on the available data – no matter the quantity or quality – has never been more important,” Emerson Roxar software solutions managing director Kjetil Fagervik said.
The RMS 2013 has a number of key benefits, including capturing uncertainty. Rather than creating one model with thousands of individual measurements, with RMS 2013, modellers create thousands of models by estimating uncertainty in their interpretations.
The software then generates statistically significant ensembles of models based on these probability distributions providing immediate value to the geoscientist.
Furthermore, Emerson said the RMS 2013 provided the user with a more complete representation of the data in less time.
With domain experts now able to quickly integrate and share knowledge across the prospect lifecycle, RMS 2013 places model driven interpretation and uncertainty management at the heart of the asset team, resulting in an improved quantifying of uncertainty and risk, and better decision-making,” Mr Fagervik said.
“This can apply to bid valuations, new field development and operational plans, production estimates or divestments, or other reservoir management scenarios.”
In more company news, Emerson has announced a 12V dc DPDT relay version of its Rosemount 2120 vibrating fork level switch for automated level monitoring and overspill protection of tanks or vessels in remote locations.
The new switch is the first low power switch to provide a built-in relay output – eliminating the need for a separate switching relay.
The 12V switch is ideally suited to installations where there is no access to normal 24V power supplies and the only power available is from batteries or solar charged systems. The new switch has all the features of the standard versions, including built-in instrument health/self-checking diagnostics, but is uniquely designed for use in 12V low power circuits.
Based on vibrating short fork technology, the 12V 2120 is suitable for virtually all liquid applications and is unaffected by f low, turbulence, bubbles, foam, vibration, or product variations, Emerson said.
Furthermore, an adjustable switching delay virtually eliminates the risk for false switching in turbulent or splashing applications and the range includes various housings and wetted parts materials, with a complete
The 2120 is part of a complete range of vibrating fork level switches for industrial applications. The range also includes the 2130 extreme temperature version and 2160 wireless enabled level switch which has all the features of Emerson’s wired level switches but without the complication and cost of wiring.