In addition to software for modeling the performance of subsea oil and gas fields, Roxar's downhole instrumentation for multiphase flow measurement complements Emerson's top-side control and instrumentation offering; PlantWeb architecture and Asset Optimization methodologies promise to bring synergy to the union."This acquisition is strategic to extending our solutions to help E&P [exploration and production] owners meet the automation challenges of offshore subsea," comments Steve Sonnenberg, president of Emerson Process Management. "Roxar's knowledge, technology and services combine perfectly to expand Emerson's solutions."
PlantWeb digital architecture uses intelligent digital networks to create smart platforms, FPSOs, and on-shore facilities. Roxar's products and software systems add major subsea capabilities, including smart downhole networks to support E&P owner's growing need for real-time reservoir production optimization and flow assurance.
"Roxar is the upstream industry's largest provider of subsea instrumentation—a complement to Emerson's end-user-voted industry leading instrumentation and valves that power the digital PlantWeb architecture," added Sonnenberg.
"We are excited to join Emerson and bring together our common drive for innovation, complementary products, and customer solutions," says Gunnar Hviding, CEO and President of Roxar. "Our mission, now supercharged by this union, continues to be one of effectively solving E&P owner's reservoir management problems and helping them maximize production."
Roxar solutions are based on knowledge of reservoir flow dynamics by the company's staff of geoscientists, engineers, software developers and computer scientists. The solutions combine real-time data from the company's multiphase flow instruments with predictive models from its software to help operators monitor production continuously, observe and control oil and gas fields from remote locations, process large volumes of vital reservoir data quickly and use the most up-to-date field information when making operational decisions.
As Emerson does for topside and on-shore process management, Roxar experts provide consultancy services for entire reservoir management including topside, subsea and downhole. Roxar solutions allow reservoir operators to make reservoir management and flow assurance decisions with maximum amount of information. Roxar solutions include Reservoir Interpretation, Reservoir Modeling and Uncertainty Management, Reservoir Simulation, Well and Completion, and Production and Process Management.