SVP operations will be doing an interview with the FT late this afternoon for a potential article and the chosen subject is Future and its impact on the business.  As such, can you please send me a potted history of how it started, when first used, what it solved, key dates in development (including when third parties started using it without names) etc.  Please keep as bullet points as I need to brief SVP by 17:00. 

Let me know what you can do 


A brief summary might be

Sep 2002 - Prompted by the need to evaluate the benefits of debottlenecking the Knock Taggart gas handling system, Addax conclude that none of the then commercially available intergrated asset modeling software meet their requirement for a simple, fast system that can model their complex assets in Nigeria (with facility constraints, multiple platforms and many reservoirs, some with simulation models, other with decline analysis models). Giel Krijger commissions Serafim Ltd to deliver a suitable system.

Nov 2002 - First prototype (input parameters in Excel, calculations in VBA, output to Access/JET database) is working and is used for the debottlenecking calculations.

2003 - 2004 - User interface created in VB6. Functionality extended to cover full range of Addax fields and plans of the time.

2005 - FUTURE ported to .NET framework and SqlServer databases.

2006 - Addax commissions Serafim to implement in FUTURE  the business planning / reserves framework and work-flow designed by Patrick Maylor of Addax.

2009 - Maersk starts using FUTURE and require it to work with Oracle databases and to implement their complex work-flows.

2011 - Salym Petroleum start using FUTURE after their required enhancement were implemented.

2012 - FUTURE V3 - Increased parallelism in calculations permit the solution of 1000+ well networks.

2014 - FUTURE V4 - Improved charts, better modeling of work-overs and support for Cloud-based databases. Talisman-Sinopec introducing FUTURE.

Hope this is suitable. The information about the other companies' use of FUTURE is already in the public domain - e.g. on the Serafim website news section.