IRAP RMS Suite
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IRAP RMS Suite
Roxar RMS is a reservoir characterization and modeling software suite. It is primarily designed for use in the Petroleum Industry, oil and gas industry, helping engineers gather data from a wide variety of sources to efficiently build reliable reservoirs. History *1987 - Geomatic begins distribution of the first version of the IRAP software. *1994 - IRAP becomes IRAP RMS, the industry’s first 3D modelling package. *1995 - Smedvig, Smedvig Technologies, later known as Roxar AS, acquires Geomatic AS and ODIN Reservoir Software. Smedvig’s analysis and processing software, ResView, ODIN's tool for stochastic reservoir modelling, STORM, and Geomatic's IRAP reservoir modelling software merge into IRAP RMS, later renamed to Roxar RMS. *2009 - Roxar is acquired by Emerson Electric, Emerson, St.Louis USA and becomes part of a USD 28 billion company. Versions RMS 6 In RMS 6.0, STORM’s stochastic modelling was merged with structure and fault modelling capabilities. Also introduced was ...
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Windows XP
Windows XP is a major release of Microsoft's Windows NT operating system. It was released to manufacturing on August 24, 2001, and later to retail on October 25, 2001. It is a direct upgrade to its predecessors, Windows 2000 for high-end and business users and Windows Me for home users, available for any devices running Windows NT 4.0, Windows 98, Windows 2000 and Windows Me that meet the new Windows XP system requirements. Development of Windows XP began in the late 1990s under the codename "Neptune", built on the Windows NT kernel explicitly intended for mainstream consumer use. An updated version of Windows 2000 was also initially planned for the business market. However, in January 2000, both projects were scrapped in favor of a single OS codenamed "Whistler", which would serve as a single platform for both consumer and business markets. As a result, Windows XP is the first consumer edition of Windows not based on the Windows 95 kernel and MS-DOS. Windows XP removed supp ...
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Springer Science+Business Media
Springer Science+Business Media, commonly known as Springer, is a German multinational publishing company of books, e-books and peer-reviewed journals in science, humanities, technical and medical (STM) publishing. Originally founded in 1842 in Berlin, it expanded internationally in the 1960s, and through mergers in the 1990s and a sale to venture capitalists it fused with Wolters Kluwer and eventually became part of Springer Nature in 2015. Springer has major offices in Berlin, Heidelberg, Dordrecht, and New York City. History Julius Springer founded Springer-Verlag in Berlin in 1842 and his son Ferdinand Springer grew it from a small firm of 4 employees into Germany's then second largest academic publisher with 65 staff in 1872.Chronology
". Springer Science+Business Media.
In 1964, Springer expanded its business internationa ...
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Python (programming Language)
Python is a high-level, general-purpose programming language. Its design philosophy emphasizes code readability with the use of significant indentation. Python is dynamically-typed and garbage-collected. It supports multiple programming paradigms, including structured (particularly procedural), object-oriented and functional programming. It is often described as a "batteries included" language due to its comprehensive standard library. Guido van Rossum began working on Python in the late 1980s as a successor to the ABC programming language and first released it in 1991 as Python 0.9.0. Python 2.0 was released in 2000 and introduced new features such as list comprehensions, cycle-detecting garbage collection, reference counting, and Unicode support. Python 3.0, released in 2008, was a major revision that is not completely backward-compatible with earlier versions. Python 2 was discontinued with version 2.7.18 in 2020. Python consistently r ...
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64-bit
In computer architecture, 64-bit integers, memory addresses, or other data units are those that are 64 bits wide. Also, 64-bit CPUs and ALUs are those that are based on processor registers, address buses, or data buses of that size. A computer that uses such a processor is a 64-bit computer. From the software perspective, 64-bit computing means the use of machine code with 64-bit virtual memory addresses. However, not all 64-bit instruction sets support full 64-bit virtual memory addresses; x86-64 and ARMv8, for example, support only 48 bits of virtual address, with the remaining 16 bits of the virtual address required to be all 0's or all 1's, and several 64-bit instruction sets support fewer than 64 bits of physical memory address. The term ''64-bit'' also describes a generation of computers in which 64-bit processors are the norm. 64 bits is a word size that defines certain classes of computer architecture, buses, memory, and CPUs and, by extension, the software that ru ...
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32-bit
In computer architecture, 32-bit computing refers to computer systems with a processor, memory, and other major system components that operate on data in 32- bit units. Compared to smaller bit widths, 32-bit computers can perform large calculations more efficiently and process more data per clock cycle. Typical 32-bit personal computers also have a 32-bit address bus, permitting up to 4 GB of RAM to be accessed; far more than previous generations of system architecture allowed. 32-bit designs have been used since the earliest days of electronic computing, in experimental systems and then in large mainframe and minicomputer systems. The first hybrid 16/32-bit microprocessor, the Motorola 68000, was introduced in the late 1970s and used in systems such as the original Apple Macintosh. Fully 32-bit microprocessors such as the Motorola 68020 and Intel 80386 were launched in the early to mid 1980s and became dominant by the early 1990s. This generation of personal computers coin ...
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Seismic
Seismology (; from Ancient Greek σεισμός (''seismós'') meaning "earthquake" and -λογία (''-logía'') meaning "study of") is the scientific study of earthquakes and the propagation of elastic waves through the Earth or through other planet-like bodies. It also includes studies of earthquake environmental effects such as tsunamis as well as diverse seismic sources such as volcanic, tectonic, glacial, fluvial, oceanic, atmospheric, and artificial processes such as explosions. A related field that uses geology to infer information regarding past earthquakes is paleoseismology. A recording of Earth motion as a function of time is called a seismogram. A seismologist is a scientist who does research in seismology. History Scholarly interest in earthquakes can be traced back to antiquity. Early speculations on the natural causes of earthquakes were included in the writings of Thales of Miletus (c. 585 BCE), Anaximenes of Miletus (c. 550 BCE), Aristotle (c. 340 BCE), and ...
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Real-time Data
Real-time data (RTD) is information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Real-time data is often used for navigation or tracking. Such data is usually processed using real-time computing although it can also be stored for later or off-line data analysis. Real-time data is not the same as dynamic data. Real-time data can be dynamic (e.g. a variable indicating current location) or static (e.g. a fresh log entry indicating location at a specific time). In economics Real-time economic data, and other official statistics, are often based on preliminary estimates, and therefore are frequently adjusted as better estimates become available. These later adjusted data are called " revised data". The terms real-time economic data and real-time economic analysis were coined by Francis X. Diebold and Glenn D. Rudebusch. Macroeconomist Glenn D. Rudebusch defined real-time analysis as 'the use of sequential information s ...
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Correlation
In statistics, correlation or dependence is any statistical relationship, whether causal or not, between two random variables or bivariate data. Although in the broadest sense, "correlation" may indicate any type of association, in statistics it usually refers to the degree to which a pair of variables are ''linearly'' related. Familiar examples of dependent phenomena include the correlation between the height of parents and their offspring, and the correlation between the price of a good and the quantity the consumers are willing to purchase, as it is depicted in the so-called demand curve. Correlations are useful because they can indicate a predictive relationship that can be exploited in practice. For example, an electrical utility may produce less power on a mild day based on the correlation between electricity demand and weather. In this example, there is a causal relationship, because extreme weather causes people to use more electricity for heating or cooling. Howev ...
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Oil Well
An oil well is a drillhole boring in Earth that is designed to bring petroleum oil hydrocarbons to the surface. Usually some natural gas is released as associated petroleum gas along with the oil. A well that is designed to produce only gas may be termed a gas well. Wells are created by drilling down into an oil or gas reserve that is then mounted with an extraction device such as a pumpjack which allows extraction from the reserve. Creating the wells can be an expensive process, costing at least hundreds of thousands of dollars, and costing much more when in hard to reach areas, e.g., when creating offshore oil platforms. The process of modern drilling for wells first started in the 19th century, but was made more efficient with advances to oil drilling rigs during the 20th century. Wells are frequently sold or exchanged between different oil and gas companies as an asset – in large part because during falls in price of oil and gas, a well may be unproductive, but if pr ...
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Emerson Electric
Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri. The ''Fortune'' 500 company manufactures products and provides engineering services for industrial, commercial, and consumer markets."David Farr"
Emerson has approximately 86,700 employees and 170 manufacturing locations.


History

Emerson was established in 1890 in St. Louis, Missouri, as ''Emerson Electric Manufacturing Co.'' by Union veteran

Stochastic
Stochastic (, ) refers to the property of being well described by a random probability distribution. Although stochasticity and randomness are distinct in that the former refers to a modeling approach and the latter refers to phenomena themselves, these two terms are often used synonymously. Furthermore, in probability theory, the formal concept of a '' stochastic process'' is also referred to as a ''random process''. Stochasticity is used in many different fields, including the natural sciences such as biology, chemistry, ecology, neuroscience, and physics, as well as technology and engineering fields such as image processing, signal processing, information theory, computer science, cryptography, and telecommunications. It is also used in finance, due to seemingly random changes in financial markets as well as in medicine, linguistics, music, media, colour theory, botany, manufacturing, and geomorphology. Etymology The word ''stochastic'' in English was originally used as ...
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Roxar AS
Roxar AS was a provider of products and associated services for reservoir management and production optimisation in the upstream oil and gas industry. Roxar was headquartered in Stavanger, Norway and operated in 19 countries with around 900 employees. Roxar offered software for reservoir interpretation, modelling and simulation, as well as instrumentation for well planning, monitoring, metering and production optimisation. Roxar was acquired by Emerson Electric Company in April 2009. Roxar developed real-time multiphase flow measurement and instrumentation of wells and data acquisition systems. History Roxar was formed in 1999 as a result of a merger between Multi-Fluid ASA and Smedvig Technologies AS. 1984 - Smedvig International Petroleum Research Group AS (IPR) is established. The company develops technical solutions within drilling and production. 1987 - Smedvig IPR establishes Permanent Downhole Monitoring Systems (PDMS) in a 50/50 joint venture with Lasalle Pressure ...
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