Regional Managing Director
BMT-SLOOP is used to investigate the operational risk and economic performance of entire offshore developments. The model may also include other random events such as equipment failure, resource availability, and vessel delays. The model is repeated many times using different records.
After the simulations are complete, we can analyse statistical data for all aspects of the reproduction. We can also interface results directly with field economic models.
BMT SLOOP helps to simulate:
SLOOP is an operational modelling and simulation tool for offshore and marine applications, primarily for oil & gas.
It can be applied in many areas, including:
SLOOP can model an entire operation, or any specific aspect, as appropriate to the study in question:
BMT undertook an operational and economic simulation of a 300MW wind farm, consisting of a 100 turbine wind farm using a series of “what if” scenarios to better understand the risk profile surrounding the investment decision and ongoing maintenance of a â€˜typical' wind farm.
Operational simulations of drilling and completion activities for the Atlantis project, in the Gulf of Mexico, using BMT SLOOP oil and gas field simulations software.