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Partner Interview
Published September 13, 2024

Computer Modelling Group: Geographic Expansion & Sales

Executive Bio

Former Executive at Computer Modelling Group

Interview Transcript

Disclaimer: This interview is for informational purposes only and should not be relied upon as a basis for investment decisions. In Practise is an independent publisher and all opinions expressed by guests are solely their own opinions and do not reflect the opinion of In Practise.

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So, my understanding is that reservoir simulation software is very sticky, with a lot of renewals and not much switching. I'd like to hear your comments on that. When CMG or any reservoir simulation company loses a customer, why does that happen?

The drivers inside the oil companies, especially the bigger ones, tend to view reservoir simulation as part of the overall technical pie. In other words, it's not just about comparing simulator A to simulator B and making a decision. They ask, "What can we buy that will integrate into our IT-derived data workflow?"

This is a snippet of the transcript.to get full access.

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