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Reducing Development Costs of Subsurface Equipment through Simulation

Oil Rig

As the oil and gas industry adapts to the “lower for longer” market, reducing costs and improving the production and efficiency of drilling and subsurface activities takes on even greater importance. Considering the current climate of the oil and gas industry, simulations are especially essential to enable companies to come up with better designs, faster, and at a reduced cost.

This online event will focus on the role of simulation in the design of drill bits, Inflow Control Devices or Valves (ICDs, ICVs), Electric Submersible Pumps (ESPs), and other down hole tools. The event, which will also feature a live demonstration, will explore the role of Multidisciplinary Design space eXploration (MDX) for:

  • Improving product performance, such as increasing ROP.
  • Understanding and mitigating failure modes, such as erosion and bit balling.
  • Troubleshooting operational questions, such as lost circulation.

The webinar will highlight the business case for simulation in the development of down hole tools, showcase enabling key technologies, including automated design space exploration, Discrete Element Method (DEM), erosion modeling, multiphase, non-Newtonian fluids, including visco-elastic solver, and Fluid Structure Interaction (FSI).

This online event is free, but registration is required to obtain log-in information. More details at


Event Type: Webinar
Date: December 1, 2015