Repsol, IFPEN plan reservoir research
Repsol, Madrid, and IFP Energies nouvelles (IFPEN), Rueil-Malmaison, France, have signed a framework collaboration agreement for research in reservoir modeling.
The effort will blend IFPEN’s development of basin-modeling and reservoir-characterization software with Repsol’s research in underground modeling and reservoir characterization. A priority will be carbonate-reservoir characterization.
The collaboration will validate and jointly develop technologies in these areas using data from fields operated by Repsol, the companies said in a press statement.
“IFPEN and Repsol will use these data to fine-tune the software and adapt it to the specific problems faced by Repsol,” the statement said.