Profile
Develops advanced simulation software to optimize oil and gas recovery and support energy transition projects.
Computer Modelling Group (CMG), founded in 1978 and headquartered in Calgary, Canada, specializes in advanced reservoir simulation software for the energy industry. The company’s roots trace back to complex physics-based calculations, a legacy that continues to underpin its technology today. CMG’s software solutions are designed to optimize oil and gas recovery, enhance reservoir performance, and support energy transition projects such as carbon capture, hydrogen, and geothermal energy.
With a global presence, CMG operates offices in Houston, Oxford, Dubai, Bogota, Rio de Janeiro, Bengaluru, and Kuala Lumpur. The company serves approximately 500 enterprise customers, primarily in the oil and gas sector, and has achieved a Net Promoter Score (NPS) of 68, with customer satisfaction ratings consistently above 90%. CMG’s financial trajectory has been marked by strong recurring revenue and operating margins, supported by its CMG 4.0 strategy, which focuses on digitization and energy transition solutions.
Recent acquisitions, such as Sharp Reflections and Bluware, have diversified its product offerings and expanded its market reach. CMG’s 2026 second quarter software release highlights its ongoing commitment to innovation and customer-driven workflows.
Who buys this
- Oil and gas companies
- Energy transition project developers
- Critical mineral extraction firms
- Geothermal energy companies
- Carbon capture and storage initiatives
Strengths and what to watch
Strengths
- Deep expertise in reservoir simulation and energy transition technologies
- Strong recurring revenue model with high operating margins
- Global presence with offices in key energy markets
Watch for
- Concentration risk in the oil and gas sector, which remains its primary customer base
- Potential challenges in scaling energy transition solutions amid market volatility
- Integration risks associated with recent acquisitions like Sharp Reflections and Bluware
Recent moves
Key Information
Frequently Asked Questions
What does Computer Modelling Group do?
Computer Modelling Group develops advanced reservoir simulation software to optimize oil and gas recovery and support energy transition projects. Founded in 1978 and based in Calgary, CMG serves 500+ global customers with solutions for carbon capture, hydrogen, and geothermal energy applications.
How does CMG's software help oil and gas companies?
CMG's reservoir simulation software helps oil and gas firms optimize recovery rates and enhance reservoir performance through physics-based calculations. Their tools model complex subsurface conditions, enabling better decision-making for extraction processes while maintaining high customer satisfaction ratings above 90%.
What energy transition projects use CMG technology?
CMG supports carbon capture, hydrogen production, and geothermal energy projects through specialized simulation software. Their CMG 4.0 strategy focuses on digitizing these energy transition solutions, helping developers model and optimize alternative energy extraction and storage processes.
Where is Computer Modelling Group headquartered?
CMG is headquartered in Calgary, Canada, with additional offices in Houston, Oxford, Dubai, Bogota, Rio de Janeiro, Bengaluru, and Kuala Lumpur. This global presence supports their 500+ enterprise customers across oil/gas and emerging energy transition markets.
What recent acquisitions has CMG made?
CMG expanded its capabilities through acquisitions like Sharp Reflections and Bluware, diversifying its product offerings beyond core reservoir simulation. These strategic moves aim to enhance geophysical interpretation and data analytics for energy sector clients.
How financially stable is Computer Modelling Group?
CMG maintains strong recurring revenue and operating margins, supported by its CMG 4.0 digitization strategy. With a Net Promoter Score of 68 and consistent 90%+ customer satisfaction, the company demonstrates stable performance despite oil/gas market concentration risks.
Sources
- www.cmgl.ca — Company overview and product details
- www.cmgl.ca — 2025 Annual General Meeting details
- www.cmgl.ca — Financial reporting schedule and interim results
- www.cmgl.ca — Investor presentation and past events