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.
ARIES Software; Proven net present value economics
Companies need accurate economic data to justify projects, plan budgets, report reserves and assess price or ownership changes.
The ARIES Petroleum Economics and Reserves Software provides comprehensive enterprise wide property and data management ...
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Accurate cost estimates are critical for both low-level budgeting and scoping, and for the more detailed Authorization for Expenditure (AFE).
Companies need to make the most productive use of available funds. Underestimating project costs causes budget shortfalls and risks delays, while overestimat ...
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GenOpt® is an optimization program for the minimization of a cost function that is evaluated by an external simulation program, such as EnergyPlus, TRNSYS, Dymola, IDA-ICE or DOE-2. It has been developed for optimization problems where the cost function is computationally expensive and its derivativ ...
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Managing spreadsheet risk with a robust approach to economic modelling.
Project and portfolio economics
PetroScope is a discounted cash-flow modelling framework, which can be supplied with individual fiscal models for any hydrocarbon producing country. Developed in Microsoft Excel, it offers a rob ...
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Integrated Business Planning & Economics
esi.manage™ is 3esi-Enersight’s Integrated Business Planning and Capital Management software designed for upstream oil and gas companies. esi.manage enables oil and gas companies to establish predictable business outcomes and improve both workflow effici ...
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This spreadsheet using for performs volume reservoir and gas reserve, volume reservoir and gas reserve calculator spreadsheet include Z factor for the formulas.
For depletion drive reservoir set the attic volume & sweep effeciency both to 0% OR set residual gas saturation on the results sheet ...
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REP - Reserves Evaluation Programme uses the well-known Monte-Carlo technique for a rigorous solution of the volumetrics equation.
The calculation of reserves, and an estimation of the uncertainty of that calculation, lie at the heart of hydrocarbon exploration and production.
But REP is much more ...
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GPTEco well economic evaluation software
GPTEcosoftware is for the oilfield management and Focus on the wellefficiency.It’s a management tool to evaluate the production wells, can assist the daily production of dynamic analysis and policy. GPTEcosoftware is based on Oracle database, used fordata ma ...
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Eco View Interactive Petrophysics Plot
Showing the wealth of drilling-related information from the EcoScope and NeoScope services, this plot presents caliper information in 2D and 3D, collar RPM, shocks and vibrations, and mud equivalent circulating density, temperature, and pressure, alongside lit ...
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Compare economic results within Petrel
The Economics window has the same layout as the plug-in. The user can select Indicators, Case/well(s) or Cash Flows to compare against other results within Petrel.
Plug-in Overview
The Economic Screening Tool provides an interface for evaluating revenues, ca ...
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