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.
Other Popular Alternatives & Related Software
Aucerna Val Nav
Val Nav™ is a fully integrated decline curve analysis, petroleum economics, and reserves management software. It is a scalable and complete reserves estimation and evaluation system with a unique auto-forecasting algorithm and a powerful economics engine. Use a single tool to perform decline curve analysis, type curve analysis, analog forecasting, cross-plots, and statistical evaluation, gas material balance, and volumetric analysis. Val Nav’s robust type curve analysis is based on the research of one of the world’s foremost experts, allowing you to do your engineering in a single program, with no need to export to spreadsheets. Quickly define your scenarios without having to rebuild your cases and run economic comparisons with ease, reducing turnaround time by as much as 90%. Val Nav™ is a fully global product that works in multiple currencies, with a library of more than 75 fiscal regimes.
Learn more
ComboCurve
Combine multiple data sources, create forecasts, generate type curves, run economics, and plan for net-zero all in one operating platform. ComboCurve is a Fintech company focused on the energy space. We are disrupting well forecasting and cash flow analysis with our flagship product ComboCurve (think supercharged Aries but easy to use). We have introduced the concept of probabilistic reserves and economics which is impossible in 40-year-old current desktop solutions. The efficiency gains of at least 10X using ComboCurve come from collaboration, incredible speed (30,000 forecasts & economics in ~5 min), and integrated workflows (which have been realized through multiple client trials).
Learn more
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.
Learn more
Tecplot RS
Tecplot RS is an integrated visualization and analysis software tailored for oil and gas reservoir engineers. It facilitates the management and interpretation of reservoir simulation data through comprehensive XY plots, 2D cross-sections, and 3D grid visualizations. The platform supports data import from various simulation sources, enabling users to efficiently organize results, validate reservoir models, and effectively communicate findings across teams. Recent updates, such as the 2023 R1 release, have introduced features enhancing the assessment of history match quality by allowing the creation of selection sets based on deviation bands. Additionally, the software now supports the visualization of negative values in stamp plots, aiding in the analysis of fluid behavior trends within reservoirs. With a user-friendly interface, Tecplot RS ensures a short learning curve, complemented by full technical support and free online training.
Learn more
Integrations
Company Information
OGRE Systems
www.ogresystems.com
Videos and Screen Captures
Other Useful Business Software
Build Securely on Azure with Proven Frameworks
Moving to the cloud brings new challenges. How can you manage a larger attack surface while ensuring great network performance? Turn to Fortinet’s Tested Reference Architectures, blueprints for designing and securing cloud environments built by cybersecurity experts. Learn more and explore use cases in this white paper.
Product Details
Platforms Supported
Windows
Training
Live Online
Support
Phone Support
Online
R3 Product Features
Oil and Gas
Material Management
Supported
Resource Management
Supported
Compliance Management
Not Supported
Equipment Management
Not Supported
Inventory Management
Not Supported
Job Costing
Not Supported
Logistics Management
Not Supported
Maintenance Management
Not Supported
Project Management
Not Supported
Scheduling
Not Supported
Work Order Management
Not Supported
