Computer Modelling Group Ltd., abbreviated as CMG, is a software company that produces

reservoir simulation Reservoir simulation is an area of reservoir engineering in which computer models are used to predict the flow of fluids (typically, oil, water, and gas) through porous media. The creation of models of oil fields and the implementation of ca ...

software for the oil and gas industry. It is based in Calgary,

Alberta Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Ter ...

, Canada with branch offices in

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, Bogota,

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and

Kuala Lumpur , anthem = ''Maju dan Sejahtera'' , image_map = , map_caption = , pushpin_map = Malaysia#Southeast Asia#Asia , pushpin_map_caption = , coordinates = , sub ...

. The company is traded on the

Toronto Stock Exchange The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in the ...

under the symbol CMG. The company offers three reservoir simulation applications. IMEX, a conventional black oil simulator used for primary, secondary and enhanced or improved oil recovery processes; GEM, an advanced Equation-of-State (EoS) compositional and unconventional simulator; and STARS a k-value thermal and advanced processes simulator. CMG also offers CMOST, a reservoir engineering tool that conducts automated history matching, sensitivity analysis and optimization of reservoir models. In addition, CMG has developed CoFlow, which is a unique production engineering software for wellbore and facility analysis and allows for smart coupling with reservoir models.

History

The company began in 1978 as an effort to develop a simulator by Khalid Aziz of the

University of Calgary The University of Calgary (U of C or UCalgary) is a public research university located in Calgary, Alberta, Canada. The University of Calgary started in 1944 as the Calgary branch of the University of Alberta, founded in 1908, prior to being ins ...

Chemical Engineering Chemical engineering is an engineering field which deals with the study of operation and design of chemical plants as well as methods of improving production. Chemical engineers develop economical commercial processes to convert raw materials int ...

department, with a research grant from the

government of Alberta The government of Alberta (french: gouvernement de l'Alberta) is the body responsible for the administration of the Canadian province of Alberta. As a constitutional monarchy, the Crown—represented in the province by the lieutenant governor—is ...

. CMG became known for its expertise in heavy oil, and has expanded this knowledge into all aspects of reservoir flow and advanced processes modelling. A commercial product was available by the late 1980s. For the first 19 years of the company's history it was a non-profit entity. In 1997, CMG became a public company when it was listed on the TSX. The company now claims over 570 clients in 58 countries. In May 2018, CMG President and CEO Kenneth Dedeluk announced his retirement following the company. Ryan Schneider was appointed to succeed Dedeluk.

References

Companies listed on the Toronto Stock Exchange Companies based in Calgary Technology companies of Canada Software companies of Canada 1978 establishments in Alberta Canadian companies established in 1978 Software companies established in 1978 {{Software-company-stub