News // Companies
Rosneft completes development of its own geomechanics simulator
17 January 2019 , 10:10Neftegaz.RU334
Moscow, January 17 - Neftegaz.RU. Specialists from RN-UfaNIPIneft, a facility of Rosneft’s corporate Research and Development Complex, have completed their work on creation of the first industrial model of RN-SIGMA corporate software solution designed for geomechanics modelling when drilling.
The software allows company’s engineers expanding their application of geomechanics for borehole stability calculation and reducing the risks during drilling of directional and horizontal wells.
Technological potential development is one of the key items of the Rosneft-2022 Strategy. The company pays special attention to innovation, recognising the technological leadership as an essential element for competitive performance on the oil market.
RN-SIGMA software bundle features all the tools required to construct a 1D geomechanics model - borehole near-wall stress calculation; borehole stability analysis; and best drilling settings calculation.
Comparisons made during the development showed that RN-SIGMA calculations meet the level of its best global peers, while RN-SIGMA is more user-friendly. The use of the own geomechanics simulator makes it possible to create a shared information space with reference to geomechanics modelling, knowledge accumulation, and efficient interaction of company’s geo-engineers.
At the moment, RN-SIGMA undergoes pilot tests to be further distributed to all production and R&D facilities of the company.
To read the article in Russian.
10:10 20.02.2019G.Schröder was informed about the latest developments in the business strategy of Rosneft Deutschland
14:05 15.02.2019Rosneft: Nayara Energy’s retail network expands to over 5,000 fuel-filling stations
16:09 05.02.2019Rosneft CEO said the company plans investments between 1.2 and 1.3 trillion RUB in 2019
14:10 31.01.2019Rosneft: Zohr gas output exceeds 12 bcm in 2018
16:09 22.01.2019Rosneft: Nayara Energy to enter Indian petrochemical market in 2022