Petex Boosts CU’s Petroleum Engineering Programme with IPM Software

Petex Boosts CU’s Petroleum Engineering Programme with IPM Software


Covenant University’s Department of Petroleum Engineering has taking delivery of the Integrated Production Modeling (IPM) Software suite for training and educational purpose.

The software was recently donated to the University by Petroleum Experts (Petex) Limited, United Kingdom, through its Nigerian partners, Accrete Petroleum Limited. This was part of the Educational Institution License Agreement Limited Warranty, signed by both institutions between February 2 and 4, 2016.

The IPM suite donated to the University include PROSPER well modeling and design, MBAL reservoir analytical simulation, PVTP fluid characterisation, GAP multiphase network optimisation, REVEAL specialised reservoir simulator and near wellbore reservoir simulator, RESOLVE integrated production controller and HARDLOCK software protection.

In a statement signed by the Head of Department, Petroleum Engineering, Dr. Paul Anawe, each software package came with 10 licenses worth $2.3 million (US Dollars) and is currently deployed on the work stations in the postgraduate research laboratory at the Department of Petroleum Engineering.

Dr. Anawe expressed strong belief that the software would go a long way in boosting the research capacity of the Department. “Also, the competitiveness of our undergraduate and postgraduate students will be boosted as they are exposed to current oil and gas industry software, thus culminating in the speedy accomplishment of Vision 10:2022 (one of ten in ten).

The Petex petroleum engineering software tools enables the oil and gas industry to model dynamically their oil reservoir, production and injection wells and surface pipeline networks as an integrated production system.

The HOD noted that the IPM suite of tools is the industry standard for integrated field modeling, and production optimisation, as well as providing production forcast. “The IPM suite models the reservoir(s), the production and injection wells and the surface gathering system. Multiple reservoir, naturally and artificially injected wells including single and looped surface pipelines networks can be handled in an integrated way,” he explained.