Asset Manager

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Computer Modelling Group

Pramod Jain leads Computer Modelling Group, a Calgary-based simulation software firm serving ~500 energy customers, with roots in 1970s heavy oil research.

Computer Modelling Group

Computer Modelling Group was founded in Calgary in 1978 as a research initiative and listed on the Toronto Stock Exchange in 1997. It has since evolved from a reservoir simulation specialist into a global software and consulting firm addressing subsurface and surface challenges across the energy spectrum. Its core simulators — IMEX, GEM, and STARS — are used for black oil, compositional, and thermal recovery workflows. The company's technology spans upstream oil and gas and a growing portfolio of energy transition applications including carbon capture and storage, geothermal, hydrogen, and critical mineral extraction. Engineering teams use its CoFlow and CMOST-AI tools for integrated production modeling and uncertainty analysis. Deployment extends across North America, Latin America, Europe, and the Asia-Pacific region. Named users include Pertamina, ONGC, and Petrolera RN, and the firm completed over 500 consulting projects from 1998 onward. Computer Modelling Group exceeded 200 employees as of 2014 and maintains offices in Houston, Dubai, Oslo, Oxford, Rio de Janeiro, and Kuala Lumpur. A 2026 milestone was the opening of a new R&D Center in Rio de Janeiro. Under CEO Pramod Jain, the firm broadened its product scope by acquiring Bluware in 2023, Sharp Reflections in 2024, and SeisWare in 2025 — integrating cloud-based seismic interpretation, data analytics, and geoscience workflows into its platform. The firm's structural differentiator is its layered consolidation strategy: it pairs in-house physics simulators originally designed for heavy oil with acquired seismic and geoscience software assets, creating a single vendor for subsurface characterization and reservoir modeling. Its 2023 partnerships with ABB and Wood on CCS digital twins further embed its tools into operators' capital-planning infrastructure.

Website
cmgl.ca

General information

Firm type

Asset Manager

Year founded

1978

AUM

Undisclosed

Location

Region

North America

Country

Canada

City

Calgary

Corporate office

3710 33 Street NW, Calgary, Alberta, T2L 2M1, Canada

Additional offices

Houston, United States · Bengaluru, India · Bogota, Colombia · Dubai, United Arab Emirates · Kuala Lumpur, Malaysia · Rio de Janeiro, Brazil · Oslo, Norway · Oxford, United Kingdom

Principals

Pramod Jain

Chief Executive Officer

Vipin Khullar

Executive Team

Matthew Miller

Executive Team

Kristina Mysev

Executive Team

Kim MacEachern

Executive Team

Sector focus

Energy Transition & RenewablesAI/MLEnterprise Software

Frequently asked questions

Who runs investment decisions at Computer Modelling Group?

Pramod Jain serves as Chief Executive Officer. The executive team includes Vipin Khullar, Matthew Miller, Kristina Mysev, and Kim MacEachern. As a publicly traded technology company, strategic investment and acquisition decisions are governed by this leadership group and overseen by the board.

How does Computer Modelling Group source proprietary deal flow?

The firm identifies acquisition targets through industry partnerships and the technical integration needs of its customer base, which includes over 500 energy companies. Recent acquisitions — Bluware, Sharp Reflections, and SeisWare — were software businesses adjacent to its core reservoir simulation suite, indicating a strategy of buying complementary subsurface geoscience technology.

Is Computer Modelling Group structured as a family office or a technology company?

Computer Modelling Group is a publicly traded software and consulting company listed on the Toronto Stock Exchange. It is not a family office. Its revenue comes from licensing simulation software, providing consulting services, and selling integrated geoscience products to energy operators worldwide.

What investment stages does Computer Modelling Group typically target?

The firm targets established, revenue-generating software companies with specialized subsurface or geophysical technology. Its recent acquisitions — Bluware (2023), Sharp Reflections (2024), and SeisWare (2025) — were all operating businesses with existing customer bases, not early-stage ventures.

Which sectors does Computer Modelling Group explicitly avoid?

The firm does not publish a formal exclusion list. However, its entire technology stack and acquisition history are concentrated on physics-based subsurface simulation and seismic interpretation for energy and new energy applications. It has no disclosed activity in consumer technology, financial services, or healthcare.

How is Computer Modelling Group related to its acquired companies like Bluware or SeisWare?

Bluware, Sharp Reflections, and SeisWare now operate as part of Computer Modelling Group's platform, with their general managers reporting into CMG's leadership. Bluware specializes in cloud-based interactive deep learning for seismic data, Sharp Reflections in seismic processing and interpretation, and SeisWare in geoscience interpretation software.

What is Computer Modelling Group's known posture on co-investments alongside external partners?

The company engages in joint industry projects and strategic partnerships rather than financial co-investments. For example, it launched the GELECO2 joint industry product with Kongsberg Digital in 2022 and partnered with ABB, Wood, Hatch, and McDaniel on integrated carbon capture and storage solutions from 2023 onward.

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