What We Do
Previso has created a comprehensive, gas production forecasting tool that is a truly integrated modelling solution from “reservoir to market”.
What is unique about Previso’s approach is that the forecast is ‘market-driven’. Production is tracked on a component basis and back-allocated through the processing plants, pipelines, compressors, wells and finally each reservoir.
Gas production can be constrained, and hydrocarbon liquids optimised based on multiple and complex market demands. The production constraints, prioritisation, scheduling and event triggering can be complex as required, such as specifying a minimum, maximum or a specific range of the following:
- Any product stream demand, such as the mole fraction of any gas component or combination of gas components (e.g. Raw Gas, LPG, LNG, mass rate C4-);
- Specific heating value or mass rate;
- Liquid density;
- Mole fraction of any inert gases or contaminants.
Previso is a gas forecasting software package that can model the whole integrated extraction, production and distribution system from multiple reservoirs, wells, subsea pipelines, compressors, separators to the market.
It very quickly and accurately history matches and forecasts production profiles and manages subsurface uncertainty quantification by generating vast numbers of scenarios required for short, medium and long-term production planning.