Emerson acquires Yggdrasil, adds METTE to reservoir management software list
Emerson Process Management has acquired Yggdrasil.
STAVANGER, Norway – Emerson Process Management has acquired Yggdrasil.
Emerson says it will incorporate Yggdrasil’s METTE production optimization solution into the Roxar reservoir management software portfolio.
METTE is an integrated flow assurance and production modeling program that provides flow performance calculations for wells and flowlines, integrated field modeling for life of field simulation and optimization, and virtual metering for the allocation of production to wells.
Combining data from predictive reservoir models, production modeling, and field instrumentation will enable operators to monitor production continuously and use field information when forecasting reservoir performance and when making operational decisions, says Emerson.