FOROIL is a service company offering to the oil & gas industry the ability to quickly and reliably forecast and increase the production and reserves of mature fields.
FOROIL calculates the production parameters, which will lead to an increase of oil output from +10% to +100% above the "business as usual" scenario, depending on investment strategy.
FOROIL uses simulation and optimization in-house developed techniques and plays 100,000s production scenarios to identify the best.
Representation of various production scenarios, varying injection and production rates and including conversions and new infill wells.
Identify the best production scenario...
...within complex constraints.
+10% to +100% above the base line...
...depending on investment plan.
Define rules & constraints and...
...find the best production path.
