Roxar Press Brief
About Roxar
Roxar is one of the world’s leading international technology solutions providers to the upstream oil and gas Exploration and Production (E&P) industry. As the market leader in the growing field of real-time reservoir production optimisation and flow assurance - Roxar creates value for its customers with innovative and professionally delivered solutions that generate maximum performance from oil and gas reservoirs.
From high temperature reservoir monitoring to multiphase metering, sand erosion sensors, oil in water monitoring, and corrosion detection, through to modeling, uncertainty management and simulation, Roxar allows operators to make reservoir management and flow assurance decisions with the maximum amount of information.
Roxar is the industry’s largest provider of subsea instrumentation.
Roxar’s Growth
Roxar is headquartered in Stavanger, Norway, employs over 800 staff and has 28 offices in 19 countries with a network of wholly owned offices in Europe, the Americas, Africa, CIS, Asia Pacific and the Middle East. In 2009 Roxar was acquired by Emerson, St. Louis USA and became part of a USD 28 billion company.
Roxar’s Solutions
Through its integrated reservoir and production management (iRPm™) solutions, Roxar combines data from its instrumentation with predictive models from its software to helps operators monitor production continuously, observe and control fields from remote locations, process large volumes of vital reservoir data quickly and use the most up to date field information when making operational decisions.
As well as consultancy services, Roxar provides Reservoir Interpretation, Reservoir Modeling and Uncertainty Management, Reservoir Simulation, Well and Completion, and Production and Process Solutions.
Roxar’s Reservoir Interpretation solutions include easy-to-use 3D tools and a powerful vizualisation environment that provides valuable decision-making information. Roxar’s MultiViewer™ tool allows users to investigate and edit data from different angles in multiple 3D, map or section views.
Roxar’s industry leading Reservoir Modeling& Uncertainty Management solutions are based around IRAP RMS™ - 18 integrated software modules including mapping, modeling, planning and workflow management tools. In September 2007, Roxar launched its next generation structural modeling solution, dramatically speeding up and improving the structural modeling process.
Roxar’s EnABLE™ is also the leading history matching and uncertainty estimation software product on the market today. Working alongside IRAP RMS™ and Tempest™, EnABLE™ helps E&P companies understand production behavior and create robust estimates from a shared earth model.
Roxar’s Reservoir Simulation solution is based around Tempest™, a robust, fast, memory efficient reservoir simulation tool, which has extended parallel processing capabilities and enhanced compatibility with other simulation models.
Roxar’s Well and Completion solutions include Roxar’s PDMS (Permanent Downhole Monitoring System), providing reliable real-time data from any location, and the Roxar intelligent downhole network. Roxar also supply complete Smartwell systems.
Roxar’s Production and Process solutions include Roxar’s industry leading multiphase and wet gas meters, and the Roxar Distributed Multiphase Flowmeter – all designed to measure accurately and continuously the flow rates of oil, water and gas in the well stream
Roxar’s Subsea SenCorrTM sensors and FSM (Field Signature Method) system and topside TopCorrTM Sand Erosion and Corrosion Monitoring technology provide the industry’s leading measurement technology for the detection and quantification of corrosion, erosion, cracking, pitting, sand production, pressure, temperature, and flow momentum. Roxar is also a provider of advanced subsea chemical injection valves which can be adjusted based on the in-line conditions monitored by the SenCorrTM sensors.
In addition, Roxar provides a complete flow assurance management software solution through Roxar Fieldwatch and Roxar Fieldmanager, integrating instrumentation datafor analysis and interpretation, and WellCorrTM, which utilizes input from monitoring products to provide an advanced VMS (Virtual Metering System) and simulation functionality.
Roxar’s Customer Base
Roxar’s International customer base includes all of the multinationals, major independents and the majority of national oil companies. During the past 18 months, the company has announced major contracts with ExxonMobil, Hydro, LUKOIL, PetroChina, PETRONAS Carigali, Repsol YPF, Statoil, and TOTAL among others.
Contacts for Further Information
Gunnar Hviding, Chief Executive Officer
Email:
Hege Forus, PR & Communications manager,
Phone: +47 51 81 88 21/+47 99 24 11 09
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