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Friday, December 27, 2024

Seequent acquires geothermal simulation specialist Stream State Options


Seequent acquires geothermal simulation specialist Flow State Solutions
An instance of a geological mannequin inbuilt Leapfrog Power being utilized for reservoir simulation in Stream State Options software program Volsung. (supply: Stream State Options)

With the acquisition of Stream State Options, Seequent now provides probably the most sturdy software program answer for geothermal subsurface modeling and reservoir simulation.

Bentley Methods, Included, the infrastructure engineering software program firm, in the present day introduced that Seequent, The Bentley Subsurface Firm, has signed an settlement to amass Stream State Options, an trade chief in geothermal simulation software program. The transfer additional solidifies Seequent’s place as probably the most complete subsurface software program supplier for the geothermal trade.

Stream State Options’ geothermal reservoir, wellbore, and floor community simulation software program helps undertaking builders and operators higher perceive geothermal assets for asset growth and optimization and improved nicely efficiency. Combining Stream State Options’ Volsung portfolio with Seequent’s capabilities creates probably the most sturdy end-to-end answer for reservoir evaluation out there. Detailed fashions of the subsurface inbuilt Leapfrog Power will be utilized in Stream State Options’ simulation surroundings to construct a full image of a geothermal asset.

Simulated density adjustments in a geothermal reservoir, modeled and visualized in Stream State Options software program Volsung. (supply: Stream State Options)

Geothermal trade leaders are already using each options to raised perceive their assets. Simon Webbison, Vice President, Exploration and Useful resource Administration, Ormat Applied sciences Inc., mentioned, “Ormat Applied sciences is likely one of the largest and most energetic geothermal firms globally, and we’re delighted to see the mix of Seequent and Stream State Options software program capabilities by this acquisition. We already use each firms’ software program to raised perceive our geothermal property and predict efficiency, and we’re wanting ahead to working with the joint group to proceed driving our success.”

Graham Grant, CEO, Seequent, mentioned, “We’re delighted to welcome the Stream State Options group to Seequent. Geothermal has the potential to assist resolve the world’s greatest vitality challenges. With this acquisition, Seequent’s best-in-class subsurface evaluation software program allows a full understanding of geothermal asset efficiency.”

Stream State Options co-founder Jonathon Clearwater, who joins Seequent as Technical Area Knowledgeable, Reservoir Engineering, mentioned, “We’re excited to affix Seequent’s vitality group. By combining Seequent’s experience and our technical functionality in geothermal modeling, we’re wanting ahead to creating a big contribution to the renewable vitality transition by improved administration of pure assets.”



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