The University of Texas Permian Basin College of Engineering has received a donation of software from Petroleum Experts (Petex), an international company that develops engineering software for the petroleum industry.
The software is equivalent to $2.5 million. This software will be used in petroleum engineering classes to enhance student learning in the areas of oil or gas production systems including reservoir, wells, and the surface network, a news release said.
“UT Permian Basin’s College of Engineering is thrilled to offer this state-of-the-art software to our students. The Petroleum Experts software will allow hands-on training to support understanding of data while equipping students with skills they will need when they enter the workforce,” said Dean of the College of Engineering George Nnanna said in the release. “UT Permian Basin engineering students will now be working with the same software that industry leaders use every day in the Permian Basin.”
The software will challenge engineering students to determine the optimum setting to maximum production or revenue, taking account of all constraints that are set in the petroleum system.
These results can then be used to implement adjustments at the field level to achieve the best results. In addition to the reservoir simulation, this software will also help students learn and model a petroleum production system more accurately.
The software models will run together, allowing the engineer to design complete field models. The models can include the reservoir tanks, all the wells, and the surface gathering system. It can model and optimize the production and the water or gas injection system simultaneously.