By OGJ editors
HOUSTON, Apr. 7 -- ChevronTexaco Corp., Total SA, and Schlumberger Ltd. have formed a joint initiative to research and develop heavy oil thermal reservoir simulation technology.
The initiative seeks to enhance economic performance of development and production in heavy oil regions, Schlumberger said.
The 2-year collaborative project will involve next-generation reservoir simulation technology being developed by Intersect, a joint research project by ChevronTexaco and Schlumberger to develop reservoir optimization software.
