On Wednesday December 7th, Arnaud Hoffmann presented an SPE paper titled "Diluent Injection Optimization for a Heavy Oil Field" at the SPE International Heavy Oil Conference & Exhibition 2016 in Kuwait. Wynda Astutik and Curtis Whitson are co-authors of the paper. This paper is a result of a large Integrated Asset Model built for [...]
Norway's business-oriented newspaper, Dagens Næringsliv, holds a yearly event where it recognizes companies that over a four-year period have at least doubled their turnover while keeping a positive overall operating profit. For the third year in a row, Petrostreamz has made into the list of Gazelle Companies in Norway. More information about this recognition can be [...]
On Wednesday November 30, Arnaud Hoffmann presented an SPE paper titled "Real-Time Production Optimization of a Production Network with ESP-Boosted Wells: A Case Study" at the SPE Middle East Artificial Lift Conference and Exhibition 2016 in Bahrain. This paper is a result of a strong collaboration with NTNU's Petroleum Engineering professor Milan Stanko. [...]
The latest version of Pipe-It has been released! Some of the new major features in this version are: Stochastic sampling of IAM model variables through two new probability-based sampling methods, Latin Hypercube and Monte Carlo. Correlation analysis and cross-plots of optimization variables vs. constraints or objectives. Integrated plotting of optimization results, contour plots and correlation analysis. [...]
Petrostreamz was present at the SPE's Annual Technical Conference and Exhibition ATCE in Dubai from the 26th to 28th of September, 2016. Thanks to all the people that attended the conference and visited us at our booth. We look forward to meeting you next year.
Petrostreamz was present at the SPE Intelligent Energy International Conference and Exhibition in Aberdeen, UK from the 6th to 8th of September, 2016. Thanks to everyone who stopped by and got an insight into our software for integrated modeling and optimization, Pipe-It. Please do not hesitate to get in touch through firstname.lastname@example.org.
Arnaud Hoffmann was teaching a one-day Integrated Asset Modeling course at IFP School in France. The lecture is called "Introduction to Integrated Asset Modeling", and took place on June 16th. The course was focused on basic principles of integrated modeling and how to handle fluids consistently using PVT data. Three main topics were covered: Model Integration PVT Consistency Optimization [...]
Petrostreamz AS, the global expert in Integrated Asset Modelling (IAM) and supplier of software and solutions for value chain integration and optimization of Oil & Gas assets, has signed an agreement with the French Institute of Petroleum (IFP) School to provide educational licenses of its flagship software Pipe-It. The licenses will be used in courses and [...]
30th of May to 2nd of June 2016 the 78th EAGE Conference & Exhibition took place in Vienna. Professor Curtis Hays Whitson, presented a paper titled "Shale Reserve Forecasting - Model Consistency and Uncertainty". You can access a pdf version of this paper or read the abstract here. Please contact us using the form below for more [...]