Reservoir Management and Production-Forecasting Software

IHS Markit introduced the ­Harmony Enterprise software platform to help energy companies optimize production and increase well productivity with work flows that leverage empirical, analytical, and numerical tools. Harmony Enterprise gives users a new scalable, multiuser platform that enables multiple stakeholders to manage and view all well production, analysis, and forecasts in one collaborative environment. The platform includes a centralized structured-query-language database that can manage 100,000 wells per project, which reduces the risk of duplicating wells and analysis, as well as ensures no data are lost when resources leave. Harmony Enterprise includes enhancements to pre-existing decline and type-well modules as well as physics-based risk assessment using accompanying multiphase-hybrid and probabilistics modules.