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Computer Modelling Group Ltd

Posted on December 14, 2020December 14, 2020

Computer Modelling Group Ltd., abbreviated as CMG, is a software company that produces reservoir simulation software for the oil and gas industry.

It is based in Calgary, Alberta, Canada with branch offices in Houston, Dubai, Bogota, Rio de Janeiro, London and Kuala Lumpur. The company is traded on the Toronto Stock Exchange under the symbol CMG.

The company offers three reservoir simulation applications. IMEX, a conventional black oil simulator used for primary, secondary and enhanced or improved oil recovery processes; GEM, an advanced Equation-of-State (EoS) compositional and unconventional simulator; and STARS a k-value thermal and advanced processes simulator.

In addition, CMG offers CMOST, a reservoir engineering tool that conducts automated history matching, sensitivity analysis and optimization of reservoir models.

Traded as:           TSX: CMG

Industry:              Oil and gas

Founded:            1978

Founder:             Khalid Aziz

Headquarters:   Calgary, Alberta, Canada

Products:             Reservoir simulation software

Services:              Training, Consulting, Reservoir Simulation Software development

Website:              www.cmgl.ca

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