Reserves & Economics Software
Reserves & Economics estimation in oil and gas industry means; evaluating proved and probable underground reserves at the early stage of field exploration by analyzing geological and engineering data. Reserve estimation at the early stage of production is basically relying on the integrity, experience and skills of the evaluator using limited geological and petrophysical data. It is very natural that these figures change as more wells are drilled in the field and more information is available.
Manage operating costs with transparency across the entire lifecycle of your assets
How effective are your current OPEX planning tools for dealing with tight operating margins and controlled pricing structures?
Leverage the OPE$T™ software tool for optimizing costs and boosting performance during ...
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IHS PowerTools Popular
Maximize well production with reservoir and economic analysis.
Can your oil and gas software give you the information you need to accurately analyze opportunities?
IHS PowerTools® is an intuitive, Windows®-based software program providing reservoir and oil and gas economic analysis in minutes. Lea ...
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Assess exploration opportunities
GeoX exploration risk, resource, and value assessment software provides easy-to-use and scalable decision support for consistent, unbiased, and accurate assessments of your exploration opportunities in any environment or risk scenario. GeoX software can be customize ...
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Merak Peep Popular
Merak Peep petroleum economic evaluation and decline analysis software is the industry standard for economic modeling of upstream oil and gas projects. It is in daily use by over 4,000 economists and engineers in approximately 350 oil and gas companies across the world.
Standard and consistent econ ...
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The Schlumberger fiscal modeling experts—backed by many years of experience in modeling fiscal regimes worldwide—maintain a library of standardized fiscal models. The models are exceptionally flexible, making them crucial in the valuation of reserves, exploration prospects, and new ventures.
Resear ...
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To be competitive in today's rapidly changing business environment, companies must make the right decisions to increase value and stakeholders’ returns. Organizations that can respond swiftly to sudden changes in a turbulent market, and make effective use of their capital to take advantage of availa ...
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Reserves Tracking & Reserves Reporting Software
Achieve new levels of confidence in your reserves tracking and reporting processes. When reserves numbers are as heavily scrutinized as they are today, Merak VOLTS can provide a significant step toward a fully secure and auditable reserves trackin ...
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Petrel Economic Screening Tool Popular
In today's challenging and high-cost E&P environment, it is more important than ever to consider economics in the earlier stages of field development planning. Traditionally, a few representative production profiles are used for economic analysis. However, these do not comprise the full scope of ...
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The Petrel GeoTesting plug-in maximizes the value of well tests helping you increase certainty in reservoir models, improve production forecasting, determine reservoir connectivity, and identify sweet spots. This plug-in supports advanced interpretation and analysis of the reservoir model provided b ...
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ECONMOD, ECONMOD2 - Builds economic models for oil and gas properties. Calculates well life, economic limit, present worth profiles, RORs, payouts. Generates an annual cashflow report.
ECONSUM, SUM2 - Works with ECONMOD to allow summary of many individual lease cashflows.
AMORT - Makes the amort ...
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