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RMS 2011 included more new features than any previous RMS version and provided modellers with enhancements to the seismic architecture to allow direct reference between the reservoir models and the 3D and 4D seismic data that the interpretation and modelling is based on. Key highlights of RMS 2011 included new tools to model complex geologies ...
The output of a cat model is an estimate of the losses that the model predicts would be associated with a particular event or set of events. When running a probabilistic model , the output is either a probabilistic loss distribution or a set of events that could be used to create a loss distribution; probable maximum losses ("PMLs") and average ...
Analyze Re, a software analytics provider for the reinsurance and insurance industries, became a part of AIR's operational domain in 2016, and then Arium, a company specializing in liability risk modeling, followed in 2017. [6] [7] In January 2022, AIR Worldwide transitioned to the Verisk brand and is now Verisk Extreme Event Solutions.
Free to use software to digitize geological cross-sections, and display and edit borehole logs Geoscience ANALYST [30] Free 3D visualization and communication software for integrated, multi-disciplinary geoscience and mining data and models, which also connects to Python through geoh5py, its open-source API Mira Geoscience Ltd. Free / Proprietary
Dymola - modeling and simulation software based on the Modelica language. DYNAMO - historically important language used for system dynamics modelling. Ecolego - a simulation software tool for creating dynamic models and performing deterministic and probabilistic simulations. EcosimPro - continuous and discrete modelling and simulation software.
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Roxar offered software for reservoir interpretation, modelling and simulation, as well as instrumentation for well planning, monitoring, metering and production optimisation. Roxar was acquired by Emerson Electric Company in April 2009. Roxar developed real-time multiphase flow measurement and instrumentation of wells and data acquisition systems.
A simulated Top of Structure, depth map from geological data in a full field model. (GSI MERLIN simulator) Reservoir simulation is an area of reservoir engineering in which computer models are used to predict the flow of fluids (typically, oil, water, and gas) through porous media.