114.5 Million THB. IPM Software Donation from Petroleum Experts
This year, in 2023, Petroleum Experts (Petex) has kindheartedly donated 10 licenses of the Integrated Production Modelling (IPM) software suite to the Department of Mining and Petroleum Engineering, Faculty of Engineering, Chiang Mai University. The donation is commercially valued at 2,584,803.53 GBP, which is equivalent to more than 114.5 Million THB. The IPM software suite is capable of modeling the entire oil or gas production and injection system, including reservoirs, wells, and the surface network. It serves as a supportive tool for teaching in both BS and MSc programs, as well as for research related to Petroleum Engineering. The Department of Mining and Petroleum Engineering, Faculty of Engineering, Chiang Mai University, would like to cordially thank Petex for this generous donation, which will strongly support our teaching, research, and student development.