White Paper

Near-Field Exploration and Development: A Holistic Look at Leveraging Digital Technologies to Increase Productivity and Profitability

Upstream companies today must achieve operational excellence by reducing emissions and utility demands, improving production at existing assets and replacing and expanding reserves while exhibiting capital discipline.

User Conference

OPTIMIZE™ | 24

We are excited to announce OPTIMIZE 24, our worldwide user conference, taking place April 29–May 3 in Houston, Texas.

Accelerate Innovation for Carbon Capture Utilization and Storage

Accelerate commercialization at large scale across all stages of CCUS: capture, transportation, utilization and storage. Increase carbon project viability and reduce costs for long-term carbon storage.

Improve Production Performance for Upstream

Optimize production from upstream assets from the reservoir to separation and processing plants to maximize profitability and ensure ESG compliance.

Brochure

Aspen Big Loop

Aspen Big Loop™ is an open ecosystem for setting up automated, reproducible and auditable subsurface workflows. The workflows help propagate uncertainties and capture their dependencies while calibrating reservoir models to observed data. The result is reliable probabilistic predictions.

Technical Paper

A Bayesian Optimization Workflow for Field Development Planning Under Geological Uncertainty

Field development planning using reservoir models is a key step in the field development process. Numerical optimization of specific field development strategies is often used to aid planning, and Bayesian Optimization is a popular optimization method that has been applied in the past.

Technical Paper

Drilling Simulation and Risk Assessment of the IDDP-2 Geothermal Well in Iceland

The Reykjanes reservoir, lying in a volcanic environment in Iceland, is assumed to contain supercritical fluids, whose energy content is about ten times higher than conventional geothermal systems. Drilling a well in this environment has to cope with very high temperature and pressure as well as an intensely fractured subsurface. A detailed well design can help minimize the likelihood of drilling and completion problems that could compromise the success of the project.

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