Serafim is now being assisted by the US-based Gibraltar Software for user-interface improvements to FUTURE.
Serafim is now being assisted by the US-based Gibraltar Software for user-interface improvements to FUTURE.
FUTURE V4.0, with improved charts, better modeling of work-overs and support for Cloud-based databases is now released and is available for download.
Maersk Oil UK has joined Maersk Oil Qatar and Maersk Olie og Gas in using Serafim FUTURE as a reserves management and production forecastng system.
Talisman/Sinopec UK has started a trial of Serafim FUTURE, to assess its suitability as a replacement for forecasting spreadsheets in reserves evaluation and other tasks.
McDaniel International has decided to use Serafim FUTURE in consultancy work and reserves forecasing on capacity-constrained oil-fields.
FUTURE v3.6, with new features including running customised spreadsheet calculations during a FUTURE run, is now under testing.
In response to an urgent request from a client, Serafim has developed a new feature in FUTURE to allow production from certain wells to be prioritised. The feature adds an individual well value multiplier term to FUTURE's network solver objective function. The new feature was requested on 12th July 2012 and delivered on 23rd July.
Serafim now has developed a new training course for Future. The course focuses and follows a practical example giving the participant hands-on experience of the key features of the software.
FUTURE v3 has now in full release, after a year as a Beta version - a year in which it was being extensively used and continuously enhanced. The new version is significantly faster, more reliable and more flexible than FUTURE v2.
Salym Petroleum Development (SPD) has finished their trial of Serafim FUTURE, concluding that its functionality meets their requirements