Audience
Oil and Gas solution for organizations
About R3
We enable operators, including banks, consultants, national oil companies and government agencies to simply, accurately and efficiently manage their assets. Easily compute your reservoir volumes and create accurate production forecasts with R3’s industry leading suite of decline curve tools. Understand risks generated by your development plans and optimize your cash flow with stochastic analysis using our Monte Carlo probabilistic simulator. Effortlessly generate structured SEC, PRMS, government or customized reports. Advanced tools for the user to perform decline curve analysis; Thoughtful features like shortcut keys and template customization will boost the evaluation efficiency of our users. Generating reliable and customizable Reserves Report and Interactive Visual Analytics Storyboard. R3 Economics is the core product of our modular based system.
Integrations
Company Information
OGRE Systems
www.ogresystems.com
Videos and Screen Captures
Field Development Planning
Fluctuating market conditions, remote working and shrinking budgets are pushing operators to evolve quicker than ever. Aucerna Field Development Planning software empowers planners, engineers and economists to make the right decisions to reach asset goals. Equip your teams with one comprehensive tool to build schedules, visualize current activities and easily make updates as realities in the field change. By seeing the effect of schedule changes on production start dates and volumes, you can stay confident of production schedules and estimates. Aucerna’s solution features cutting-edge field development modeling software, with powerful simulation and optimization tools that enable teams to quickly and easily understand the economic impact of reservoir size, facilities, capacity, rig schedules, and more. Provide all multidisciplinary teams, including reservoir, marketing, production and finance, shared access to development plans, latest estimates, budgets and roll-up reports.
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PHDWin
PHDWin is a full-featured, completely integrated economics and decline curve software package written by petroleum engineers for the oil and gas industry. It offers a complete solution to manage, organize, and evaluate reserves and economics. The next generation of PHDwin, Version 3, launching Fall 2020. PHDwin V3 gives all the power to the user. Our highly customizable user interface allows you, your team, and/or your manager to create and share views that will bring efficiency to your workflow. As always, any changes you make trigger real-time recalculations and updated display on the screen. PHDwin V3 has been highly anticipated in the oil and gas world for good reason. No other software platform delivers unparalleled calculation speeds, virtually limitless database size1, practical engineering tools, and sophisticated economic calculations all packaged inside a highly customizable user interface. With PHDwin V3 you’ll achieve better reserves through better economics.
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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.
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Aucerna Reserves
Aucerna Reserves leverages modern cloud technology on a secure connected platform, to simplify complex operations and reserves management workflows. It provides operators with comprehensive analysis and reporting, integrating data from multiple sources across the organization to paint a complete picture of corporate reserves. Teams can do away with endless spreadsheets and eliminate data entry errors as they capture reserves and resource estimates from volumetric calculations, reservoir simulations, economic engines and more. Aucerna Reserves is currently relied upon to manage billions of barrels of reserves in companies that range from small independents to international super-majors. Aucerna Reserves is a purpose-built reserves management and reporting system for the energy industry. It provides agile, accurate, timely, secure and repeatable reserves reporting, eliminating the potential for errors common in spreadsheet-based reporting systems.
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Product Details
Platforms Supported
Windows
Training
Live Online
Support
Phone Support
Online
R3 Product Features
Oil and Gas
Material Management
Resource Management
Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Project Management
Scheduling
Work Order Management