Access to engineering software worth more than $2.4 million from the engineering firm Petroleum Experts (known as Petex) will allow students at Missouri S&T to use the latest petroleum engineering software tools in their coursework.
Headquartered in Edinburgh in the United Kingdom, Petex has developed a suite of engineering software designed to improve the efficiency of oil and gas fields.
Petex has granted a license to Missouri S&T to use the petroleum engineering company’s Integrated Production Modeling (IPM) suite. The software has a commercial value of $2,424,414.
“Our IPM suite is the standard across the worldwide oil and gas industry and are currently used by more than 350 oil and gas companies,” says Dr. Hamid Guedroudj, Petex’s technical director. “By incorporating these tools in the curriculum, Missouri S&T will make sure their petroleum engineering students have access to the latest and most widely used software in the industry.”
“We’re grateful for Petex’s continued support of our petroleum engineering program,” says Dr. Shari Dunn-Norman, associate professor of petroleum engineering at Missouri S&T. “This license will ensure that our students have access to the latest and most sophisticated software available for the study of production engineering, reservoir engineering and the geosciences. The software will also be used by our graduate students for research.”
The Petex software allows for the modeling of full oil and gas production systems by capturing the physics, geology, engineering and fluid thermodynamics of the system from reservoir to oil and gas wells to the surface pipeline system and process. Once built, these models are used to optimize production for existing oil and gas fields and to assist with the system design of new fields.
Dunn-Norman adds that the license will help students gain the skills necessary for their future.
“This is the leading software in nodal analysis and production optimization from wellbore to surface pipelines, and it is vital that our students are experienced in using it,” says Dunn-Norman.
The Petex software will be used by approximately 100 petroleum engineering students at Missouri S&T, as well as geology and geophysics students, says Dunn-Norman.
S&T students will have access to the full Integrated Production Modeling suite, which consists of the following:
“We’re very thankful to Petex for their support of Missouri S&T’s petroleum engineering program,” says Dr. David Borrok, Gulf Oil Professor and chair of geosciences and geological and petroleum engineering at Missouri S&T. “This software will help equip our students for their future careers because it’s is so widely used in the oil and gas industry.”