Audience
Companies searching for a solution to manage their operations and daily production
About ProdEval
There is no such thing as a typical user of this system. Users include; independent reservoir engineers doing reserve reports, production engineers working up AFE’s and monitoring daily production, bank engineers tracking petroleum loan packages, CFOs tracking their borrowing base, property tax professionals assessing ad-valorem value, plus investors buying and selling producing properties. TCW’s ProdEval software is a quick and comprehensive Economic Evaluation system for both reserve reporting and prospect analysis. ProdEval has a very easy-to-use and straightforward approach to economic analysis and this methodology serves the user well. For example, the projecting of future production using sophisticated curve fitting techniques that allow the user to simply adjust the curves is one of the big factors that new users find attractive. The system is a rather open-ended system in that it accepts data from many sources; excel worksheets, commercial data sources.