Repsol, IFPEN plan reservoir research

Repsol, Madrid, and IFP Energies nouvelles (IFPEN), Rueil-Malmaison, France, have signed a framework collaboration agreement for research in reservoir modeling.

The effort will blend IFPEN’s development of basin-modeling and reservoir-characterization software with Repsol’s research in underground modeling and reservoir characterization. A priority will be carbonate-reservoir characterization.

The collaboration will validate and jointly develop technologies in these areas using data from fields operated by Repsol, the companies said in a press statement.

“IFPEN and Repsol will use these data to fine-tune the software and adapt it to the specific problems faced by Repsol,” the statement said.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...