Previso Software Pty Ltd

Previso is an Australian software company servicing the Oil & Gas industry. The team comprises Oil & Gas technical professionals and expert computer programmers and software developers. The company has offices in Perth, Western Australia with a local and international client base. Previso has created a comprehensive, gas production forecasting tool that is a truly integrated modelling solution from “reservoir to market”. What is unique about Previso’s approach is that the forecast is ‘market-driven’. Production is tracked on a component basis and back-allocated through the processing plants, pipelines, compressors, wells and finally each reservoir. Gas production can be constrained, and hydrocarbon liquids optimised based on multiple and complex market demands. The production constraints, prioritisation, scheduling and event triggering can be complex as required, such as specifying a minimum, maximum or a specific range of the following: - Any product stream demand, such as the mole fraction of any gas component or combination of gas components (e.g. Raw Gas, LPG, LNG, mass rate C4-); - Specific heating value or mass rate; - Liquid density; - Mole fraction of any inert gases or contaminants. Also, Previso is the only modeling tool that combines the physics of the flow modeling together with the economics. With the cash flow embedded in the Previso application, multiple scenarios can be run – each returning full economic results.