The Company

More than 15 years of R&D to serve and improve the oil industry

Our Story

Phase 1 – Technology Development

Spin-off from MOMA, a leading Math & High-Performance Computer (HPC) Science R&D company.
Strong internal R&D effort (15+ years), developing a unique technology adapted from other markets to the Oil & Gas Industry.

Phase 2 – Technology Validation

4 US Patents (inc. 1 pending)
SPE Publications, See Downloads
Numerous projects achieved worldwide.

Phase 3 – Digital Oil Recovery Deployment

Increasing marketing reach
Extending field applications
Embracing Digital Transformation
Reducing Carbon Footprint.

Technology Progress

  • 2007

    FOROIL Inception

    Capitalizing on 10 years of R&D in modeling and optimization, and adapting from other markets to the Oil&Gas Industry, FOROIL is founded to increase brown fields reserves.

  • 2008

    1 Million forecasts

    Technology development allows playing up to 1 Million Forecast overnight.

  • 2009

    San Francisco field results

    The effectiveness of FOROIL technology is demonstrated by achieving a 20% production increase at San Francisco field, Colombia.

  • 2010

    First patent

    FOROIL filled its first US Patent which will be granted in 2015.

  • 2011

    More than 500 reservoirs evaluated

    Accumulating experience, FOROIL has evaluated the recovery factor potentials of more than 500 reservoirs.

  • 2013

    10 Million Forecast

    Implementation of Massive parallelization enables computation of up to 10 million forecast overnight.

  • 2014

    Projects completed on 5 Continents

    Massive optimization is implemented on 5 continents.

  • 2016

    Digital Oil Recovery

    Digital transformation is made available to the Subsurface.

  • 2018

    Polymer Flooding

    FOROIL Technology is successfully applied on a large-scale polymer flooding project.

  • 2019

    100 Million Forecasts

    Forecast computation capability reaches a speed of 100 million of forecast overnight.

  • 2021

    Water Alternate Gas

    Massive Optimization is applied on a major WAG (Water Alternate Gas) oil field.