The race for using high-performance computing in oil and gas reservoir simulation, management and development is on. Oil and gas supermajors are continuously pushing for higher efficiency and lower costs, all the more so since the oil price crash in 2014 caused them to cut exploration and production investments. The industry is increasingly relying on advanced technology in appraising oil and gas fields that would minimize downtime and maximize profits. Last week, ExxonMobil boasted that it had set a record in high-performance oil and gas reservoir computing. In cooperation with the National Center for Supercomputing Applications ( NCSA ), Exxon said it achieved parallel simulation using 716,800 processors, the equivalent of 22,400 computers with 32 processors each. The U.S. major claims that the data output is provided “thousands of times faster” than data received with typical oil and gas reservoir simulations. “As our industry looks for cost-effective and environmentally […]