Computer Modelling Group Ltd., abbreviated as CMG, is a software company that produces

reservoir simulation Reservoir simulation is an area of reservoir engineering in which computer models are used to predict the Fluid dynamics, flow of fluids (typically, oil, water, and gas) through porous media. The creation of models of oil fields and the impleme ...

software for the

oil and gas industry The petroleum industry, also known as the oil industry, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products ...

. It is based in

Calgary Calgary () is a major city in the Canadian province of Alberta. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806 making it the third-largest city and fifth-largest metropolitan area in C ...

Alberta Alberta is a Provinces and territories of Canada, province in Canada. It is a part of Western Canada and is one of the three Canadian Prairies, prairie provinces. Alberta is bordered by British Columbia to its west, Saskatchewan to its east, t ...

, Canada with branch offices in

Houston Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...

Dubai Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the Lis ...

, Bogota,

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London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

and

Kuala Lumpur Kuala Lumpur (KL), officially the Federal Territory of Kuala Lumpur, is the capital city and a Federal Territories of Malaysia, federal territory of Malaysia. It is the largest city in the country, covering an area of with a census population ...

. The company is traded on the

Toronto Stock Exchange The Toronto Stock Exchange (TSX; ) is a stock exchange located in Toronto, Ontario, Canada. It is the List of stock exchanges, 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in th ...

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. CMG also offers CMOST, a reservoir engineering tool that conducts automated history matching, sensitivity analysis and optimization of reservoir models. In addition, CMG has developed CoFlow, which is a unique production engineering software for wellbore and facility analysis and allows for smart coupling with reservoir models.

History

The company began in 1978 as an effort to develop a simulator by Khalid Aziz of the

University of Calgary {{Infobox university , name = University of Calgary , image = University of Calgary coat of arms without motto scroll.svg , image_size = 150px , caption = Coat of arms , former ...

Chemical Engineering Chemical engineering is an engineering field which deals with the study of the operation and design of chemical plants as well as methods of improving production. Chemical engineers develop economical commercial processes to convert raw materials ...

department, with a research grant from the

government of Alberta The Government of Alberta () is the body responsible for the administration of the Provinces and territories of Canada, Canadian province of Alberta. In modern Canadian use, the term ''Government of Alberta'' refers specifically to the executive� ...

. CMG became known for its expertise in heavy oil, and has expanded this knowledge into all aspects of reservoir flow and advanced processes modelling. A commercial product was available by the late 1980s. For the first 19 years of the company's history it was a non-profit entity. In 1997, CMG became a public company when it was listed on the TSX. The company now claims over 570 clients in 58 countries. In May 2018, CMG President and CEO Kenneth Dedeluk announced his retirement following the company. Ryan Schneider was appointed to succeed Dedeluk.

References

Companies listed on the Toronto Stock Exchange Companies based in Calgary Technology companies of Canada Software companies of Canada 1978 establishments in Alberta Canadian companies established in 1978 Software companies established in 1978 {{Software-company-stub