Under the proposed seven-month collaboration, Sciencesoft will work closely with the University of Glasgow’s School of Science and Engineering, to explore various refined ways of enhancing oil recovery (EOR) using technology.
The collaboration is in line with the UK Government’s desire to maximise the returns from existing oil producing fields in the North Sea, said the company.
Sciencesoft believes that new software currently in the making will allow reservoir engineers to refocus on specific parts of established, mature oil and gas fields, while also helping them visualise and interpret oil and gas production in order to make output-driven performance decisions.
The joint project has recently secured a grant of £75,000 from the government-sponsored Technology Strategy Board as part of a £1m allocation earmarked to encourage UK-based firms involved in oil and gas sector innovation through open competition.
Commenting on the "hugely exciting" collaboration, Sciencesoft’s director of research and development Dr Lindsay Wood said the teams involved, from both the company and the university, are experienced enough to develop innovative ways of boosting production and extending asset lifetimes in the oil sector.
"We’ll be looking at constructing fine scale visualisation models of EOR processes, from existing full field simulation models, which will enable engineers to accurately target parts of existing oil fields and maximise further recovery," Dr Wood added.
University of Glasgow’s head of College of Science and Engineering Professor John Chapman said the university is delighted to maintain its relationship with Sciencesoft in accordance with its objective to extend its Knowledge Exchange activity.
"This time we are bringing together leading edge expertise from Engineering and Earth Sciences to address real challenges in the oil sector," Prof. Chapman said.
The grant was accorded with a primary objective to improve the oil and gas supply chain in the UK, which in turn, could deliver sustainable employment and drive economy in the long term, said Sciencesoft.
Technology Strategy Board chief executive Iain Gray commented: "Investment in innovation is important to help prolong the life of the UK’s hydrocarbon reservoirs and increase the global competitiveness of the UK oil and gas sector."
Image: Dr Lindsay Wood of Sciencesoft described the collaboration as "hugely exciting". Photo courtesy of SourceWire News Distribution on behalf of PDS Media.