BP calibrates Exa's DigitalRock Multi-year trials of computer tomographic permeability validates alternative to laboratory analysis

Exa Corp.’s DigitalRock (DR) software was highlighted in a BP presentation at the 2017 SPE/ADIPEC conference in Dubai. BP’s Gary Jerauld presented multi-year trials of DR’s approach to computing relative permeability from micro-CT images of rock using Lattice Boltzmann flow simulation. The approach reduces the time and cost of measuring relative permeability by and uses smaller rock volumes than traditional laboratory techniques. The authors believe that this could mead to the replacement of costly coring operations with side-wall cores.

Next Big Step For Reservoir Modeling

For the first time, operators and drillers can leverage predictive computational software to assess relative permeability, which is used to accurately and efficiently assess reservoir output and rock formations. As a result, reservoir analysis time is reduced from up to 12 months to just a few days or weeks. David Freed, vice president of Exa Corp.’s oil and gas division, called the technology a huge disruption in the way downhill rock formations are valuated and how wells are drilled. 

Dassault Systèmes Successfully Completes Tender Offer for Exa Corporation

VELIZY-VILLACOUBLAY, France — November 17, 2017 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today announces the completion of the cash tender offer by its wholly owned subsidiary, 3DS Acquisition 3 Corp., to purchase all of the issued and outstanding shares of common stock of Exa Corporation (NASDAQ: EXA) (“Exa”) at an offer price of $24.25 per share in cash, without interest, subject to any withholding of taxes required by applicable law.

Exa to host European PowerFLOW Solution Forum in Frankfurt

  • Keynote speaker Chris Bangle to share his perspective on the future of automotive design
  • BMW, Bentley, Continental, Denso, Doosan, Jaguar Land Rover, Nissan, Opel, MAN, Scania and SDF to present how they are leveraging PowerFLOW simulations to develop better products
  • Exa to exhibit at the International Motor Show in Frankfurt (Halle/FG 4.1, Stand-Nr. C37)

Exa Corporation to Present at the Canaccord Genuity Growth Conference

Exa® Corporation (NASDAQ:EXA), a global innovator in simulation software for product engineering, today announced that its President & Chief Executive Officer, Stephen Remondi and Chief Financial Officer, Richard Gilbody are scheduled to present at the upcoming Canaccord Genuity 37thAnnual Growth Conference to be held in Boston.

ATZ - A Digital Approach to the Aeroacoustic Evaluation of HVAC Blowers

OEMs are increasingly focusing on the acoustic efficiency of components and subsystems in search for an overall reduction of the main noise contributors in passenger cars. This is particularly true with rotating machinery. Exa Corporation and Mahle Luxembourg investigated the prediction of an automotive HVAC module blower using a three-dimensional compressible and unsteady  Computational Fluid Dynamics (CFD) solver based on the Lattice-Boltzmann Method.

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Electric & Hybrid Vehicle Technology International - Shape of Things to Come

There is a century of design evolution behind the shape of modern cars- vehicles that have been built around the packaging of the powertrain and the need for a passenger cabin that seats X number of adults in comfort, while providing a driver with an acceptable field of vision. Aerodynamics has always been a part of the former requirement, providing cooling to the powertrain and latterly brining performance benefits (in most cases drag reduction and thereby improved fuel economy), evolving the aesthetic and function layout into the form seen today.

Upstream Technology - Uncracking the Code

New 3D multi-phase flow simulation technology makes it possible to predict the flow of both oil and water through rocks using only rotary sidewall cores

Doing less with more is a mantra in low-price environments. Reducing reservoir uncertainty is simultaneously a driving need when devising production plans, so its vital to know as much as possible about how much oil is in the ground and how fluids will move through the reservoir rocks.

JPT - Need a Faster Measure of Relative Permeability? Take a CT Scan and Follow with Digital Rock Analysis

BP is working to push digital rock testing into the mainstream of conventional development.

The latest step in its decade-long journey was a deal with Exa, a software firm that partnered with BP to develop a program modeling two-phase flow in conventional reservoirs based on data from virtual 3D images of small samples of reservoir rock.

Compared with methods used by traditional core labs, this approach significantly reduces the time and cost required, and offers the processing software in a form that could help broaden the use of this disruptive technology.

Exa Reports First Quarter Fiscal 2018 Financial Results

"Our first-quarter revenue was within the upper half of our guidance range and both net income and adjusted EBITDA were better than our guided ranges," said Stephen Remondi, President and Chief Executive Officer of Exa. "Exiting Q1, we are encouraged that the business visibility into our customer renewal and consumption trends in the automotive end-market has improved, supporting increased optimism in our full year expectations.

DENSO, Mitsubishi, Honda, Scania, Yanmar and NIO to Speak at Exa Corporation's PowerFLOW Solution Forum | Asia

Exa® Corporation, a global innovator in simulation software for product engineering, has announced the keynote speakers for its eleventh annual PowerFLOW® Solution Forum, taking place on June 2nd at the Tokyo Conference Center in the Shinagawa district of Tokyo, Japan.

Exa Corporation to Announce First Quarter Fiscal 2018 Financial Results on May 24, 2017

Exa® Corporation (NASDAQ:EXA), a global innovator of engineering software for simulation-based design, today announced that it will release its financial results for the first quarter of fiscal 2018, ended April 30, 2017, after market close on Wednesday, May 24, 2017.  On that day, management will hold a conference call and webcast at 5:00 p.m. ET (2:00 p.m.

Exa, BP Sign Multi-Year Commercial Agreement for Exa DigitalROCK

As a result of three years of cooperative research and validation, Exa is now bringing to market the first predictive computational solver for relative permeability, a goal that has long been elusive for the oil and gas industry.  This new capability will help engineering teams make more informed decisions on wells, production facilities and resource progression, including enhanced oil recovery.