Optimization of Mature Floods
Almost 70% of global oil production originates from mature conventional fields, which face decline rates as high as 10% per year. Enhancing efficiency in these fields reduces supply risks, minimizes the need for drilling in remote areas, and supports a smoother energy transition.
Streamsim Technologies' tools facilitate pattern surveillance, efficient full-field simulation, screening and classification of geological models, and history matching and forecasting under uncertainty for IOR/EOR processes. Together, these tools help engineers optimize performance and maximize recovery from mature conventional floods.