SERAFIM Ltd offers consulting services in its
core discipline: Reservoir Engineering. We work with oil and gas companies
of all sizes and co-operate with other consultancies. SERAFIM Ltd offers
a consultancy service with a difference. We specialise in applying mathematical
thinking and methods to the specific reservoir(s) studied. Our mathematical
and technical skills allow us to build algorithms to guide decision
making. We approach projects with a systemic approach using all methods
and information and taking account of their benefits and limitations.
We work on projects involving: field development studies, reservoir
simulations, production forecast, optimisation and reserves audit.
RE Consultancy with a difference
SERAFIM Ltd offers a unique consultancy service based on building a
thorough understanding of the project and the application of mathematical
thinking, methods and derivations in order to deepen that understanding.
We work closely with our clients to build on their experience and insight.
The end result is improved and innovative advice leading to better judgement,
maximised returns and optimal business decisions. We also believe that
the use of mathematical methods and tools allows us and our client to
be pioneering and to learn more, faster. SERAFIM Ltd has also built
a reputation of delivering world class quality work in conventional
Reservoir Engineering work such as Reservoir Simulation and Field Development
Planning.
From simple to complex
SERAFIM Ltd methodology starts with building simple models based on
our knowledge of Reservoir Physics. We believe that simple models are
valid ways to gain understanding of the project in the face of uncertainties
and lack of data. The more understanding we gain, the more details we
can include and the more complex models become. Eventually, we create
project specific algorithms to guide decision making and to study uncertainties.
Our track record shows that our approach leads to optimal decisions
consuming less of our clients’ valuable time.
Systemic approach
SERAFIM Ltd approaches projects with a systemic view: we use appropriate
methods and account for their benefits and also for their limitations.
For instance, reservoir simulations are critical tools but their results
must be put in context. This entails a thorough understanding of the
assumptions made in the model, of the known and unknown reservoir and
flow properties, and of the uncertainties. As a result, SERAFIM Ltd
takes the view that by building our understanding of the entire reservoir
system (geology, geophysics, petrophysics, fluid properties etc), by
using simpler models, and by studying the effects of the limitations
of the information and tools, a better analysis of simulator results
is achieved.
Business benefits
Business decisions based on reservoir and production studies are crucial
to any company involved in the oil and gas E&P industry. Therefore,
it is critical that they are approached in a way that looks at the project
as whole and uses the most successful thinking tool available: mathematics.
We aim to deliver great value to our clients, maximise their returns
and exchange knowledge and experience with them. We always tend to leave
a sustainable tool in the form of an innovative algorithm or method.
We believe that the competitive environment in the industry favours
those who look outside the box and challenge traditional thinking.
Beyond consultancy
SERAFIM Ltd continually seeks opportunities for innovation (see white
papers) and we work closely with our clients to identify opportunities
to do so. Moreover, our mathematical approach allows us to gain insights
in Reservoir Engineering that are otherwise imperceptible. Our successful
development and implementation of numerous algorithms in our integrated
asset model SERAFIM Future is a demonstration of our innovative culture. |
