Rescale Attends Largest Oil and Gas Technical Conference

Rescale participated in the Society of Petroleum Engineers' Annual Technical Conference and Exhibition, the largest event in oil and gas exploration and production, held in New Orleans. The conference highlighted the use of high-performance computing (HPC) in various aspects of exploration and production (E&P), including seismic processing, reservoir modeling, and meteorology. These applications often require significant computing power, which is increasingly moving to cloud-based solutions due to the flexibility and cost-effectiveness they offer compared to traditional in-house clusters. This transition allows for more customizable and efficient resource use, as well as innovative pay-per-use licensing models. Rescale, which provides a pay-per-use HPC platform, is actively engaging with simulation software vendors in the industry to support this shift, positioning itself as a leader in cloud-based computing for E&P processes.