The Monte Carlo simulation estimates the probability of different outcomes in a process that cannot easily be predicted because of the potential for random variables.

Reservoir simulation is the physics-based, numerical prediction of subsurface fluid flow used to design field development and optimize production over the asset life. 2.1 Corner-point or unstructured ...

Reservoir simulation is the decision engine of field development planning (FDP). It converts geology, fluids, and well/facility concepts into production and injection forecasts to select, optimize, ...

AI-powered chatbots. Robotic manufacturing equipment. Self-driving cars. Bandwidth-intensive applications like these are flourishing—and driving the move from monolithic system-on-chips (SoCs) to ...

It’s common for new investors to feel uneasy spending their money on real stocks without knowing exactly how the stock market works. The market is notoriously volatile, and it is easy to lose money ...