Schlumberger has completed an acquisition of VMG—a privately owned software company specializing in process simulation and thermos-physical property prediction. Through the addition of VMG and its software portfolio, customers will have the opportunity to further improve efficiency and experience a seamless collaborative workflow across the full spectrum of E&P technology—enabling simulation of every portion of the production system—from the reservoir, through wells, gathering system, processing facilities and transmission lines. .................... Virtual Materials Group (VMG) Inc. was founded in 1999 in Calgary, AB, Canada. VMG develops process simulation software that can be used across a wide range of industries but remains most popular amongst oil and gas processing and exploration companies. VMGSim is our flagship simulation software utilizing some of the most accurate, validated, thermodynamic property packages available in the industry. VMGSim incorporates both steady-state and dynamic simulation engines and is packed with user-friendly features, making it a very comprehensive software. The founders, and many of the current board members were instrumental in developing the first examples of interactive process simulation and bi-directional information propagation nearly 30 years ago. The result is a company with a basis of experienced individuals and a fresh, progressive outlook with a growing, enthusiastic workforce. Give us a call today or send an email to our sales department to see how VMG can help you rethink the value of your simulation.