FUTURE V4 has had a major upgrade to V4.1. Users will be automatically prompted to accept the upgrade when they next start up FUTURE. V4.1 has a number of significant improvements for shorter-term forecasting.
FUTURE V4 has had a major upgrade to V4.1. Users will be automatically prompted to accept the upgrade when they next start up FUTURE. V4.1 has a number of significant improvements for shorter-term forecasting.
Talisman/Sinopec is now using FUTURE for its annual update of reserves.
To improve the provision of support for users of Serafim FUTURE, we have set up a users' help desk site, where users can have access to the Serafim Help ticketing system, to a users' forum and to a knowledge-base of problems and how to fix them. We have also put a series of training videos on our Videos page.
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.