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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

There is no definitive archetype for a typical user of this system, as it caters to a diverse range of professionals, including independent reservoir engineers compiling reserve reports, production engineers developing AFEs and overseeing daily production metrics, bank engineers managing petroleum loan packages, CFOs evaluating their borrowing bases, property tax specialists estimating ad-valorem values, and investors engaged in the buying and selling of producing assets. TCW’s ProdEval software offers a swift and thorough Economic Evaluation tool suitable for both reserve assessments and prospecting analysis. With its user-friendly and accessible approach to economic analysis, ProdEval effectively meets the needs of its users. A significant feature that appeals to newcomers is its ability to project future production using advanced curve fitting techniques, which allow for easy adjustments to the curves. The flexibility of the system is noteworthy, as it can integrate data from various sources, including Excel spreadsheets and commercial data providers, making it a versatile choice for many. Overall, ProdEval not only simplifies complex economic evaluations but also enhances the decision-making process for its users.

Description

We empower various operators, such as banks, consultants, national oil companies, and government entities, to effectively and accurately oversee their assets with ease. With R3’s premier suite of decline curve tools, you can effortlessly calculate your reservoir volumes and produce precise production forecasts. Our Monte Carlo probabilistic simulator allows you to assess risks associated with your development strategies and enhance cash flow through stochastic analysis. Seamlessly create structured reports tailored for SEC, PRMS, governmental requirements, or your unique specifications. Our advanced decline curve analysis tools are accompanied by thoughtful features like shortcut keys and customizable templates, significantly improving our users' evaluation productivity. You can also generate trustworthy and adaptable Reserves Reports alongside Interactive Visual Analytics Storyboards. Additionally, R3 Economics serves as the foundational element of our modular system, offering unparalleled versatility for various operational needs. This comprehensive approach ensures that all users can maximize their asset management efficiency.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Real Review Response No 

Integrations

Real Review Response Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Texas Computer Works

Website

www.tcwsoftware.com/products/prodeval/

Vendor Details

Company Name

OGRE Systems

Website

www.ogresystems.com

Product Features

Oil and Gas

Compliance Management No 
Equipment Management No 
Inventory Management No 
Job Costing No 
Logistics Management No 
Maintenance Management No 
Material Management No 
Project Management No 
Resource Management No 
Scheduling No 
Work Order Management No 

Product Features

Oil and Gas

Compliance Management No 
Equipment Management No 
Inventory Management No 
Job Costing No 
Logistics Management No 
Maintenance Management No 
Material Management Yes 
Project Management No 
Resource Management Yes 
Scheduling No 
Work Order Management No 

Alternatives

Alternatives

ProdEval Reviews

ProdEval

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PHDWin

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R3

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PHDWin Reviews

PHDWin

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