R3 Description
Our tools allow operators such as banks, consultants, and government agencies to efficiently and accurately manage their assets. R3's industry-leading suite of decline curve tools makes it easy to calculate your reservoir volumes and make accurate production forecasts. Our stochastic analysis tool allows you to understand the risks associated with your development plans. It also helps you optimize your cash flow by using our Monte Carlo probabilistic sim. You can quickly generate customized, structured SEC, PRMS or government reports. Advanced tools allow users to perform decline curve analysis. Thoughtful features such as shortcut keys and template customization will increase the evaluation efficiency of our customers. Interactive Visual Analytics Storyboard and Reserves Report that are reliable and customizable. R3 Economics is our core product.
R3 Alternatives
Aucerna Val Nav
Val Nav™, a fully integrated decline curve analysis and petroleum economics software, is available. It is a fully scalable and comprehensive system for reserves estimation and evaluation. It features a powerful economics engine and an auto-forecasting algorithm. You can use one tool to perform type curve analysis, decline curve analysis and analog forecasting. The robust type curve analysis by Val Nav is based upon the research of one the world's leading experts. This allows you to do all your engineering in one program without the need to export to spreadsheets. You can quickly define your scenarios and run economic comparisons without having to rebuild any cases. This reduces turnaround time by up to 90%. Val Nav™, a global product, works in multiple currencies and has a library of over 75 fiscal regimes.
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Field Development Planning
Operators need to adapt faster than ever because of fluctuating market conditions, remote work and shrinking budgets. Aucerna Field Development Planning software enables planners, engineers, and economists to make the right choices to achieve asset goals. You can equip your teams with one tool to create schedules, visualize current activities, and make updates as the field changes. You can see the impact of schedule changes on production volumes and start dates, so you can be confident in your production estimates and schedules. Aucerna's field development software features powerful simulation and optimization tools, which allow teams to quickly understand the economic impact on reservoir size, facilities and capacity. All multidisciplinary teams (reservoir, marketing, production, finance) have shared access to the latest estimates, budgets, roll-up reports, and development plans.
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Aucerna Reserves
Aucerna Reserves uses modern cloud technology to simplify complex operations and streamline reserves management workflows. It provides comprehensive analysis and reporting that integrates data from multiple sources within the company to give a complete picture about corporate reserves. As they capture resources and estimates from volumetric calculations and reservoir simulations, teams can eliminate endless spreadsheets and eliminate data entry mistakes. Aucerna Reserves can be relied on to manage billions upon barrels of reserves for companies ranging from small independents to multinational super-majors. Aucerna Reserves, a reserve management and reporting system specifically designed for the energy sector, is available. It allows for rapid, accurate, timely and repeatable reserves reporting. This eliminates the possibility of errors that can be found in spreadsheet-based systems.
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PHDWin
PHDWin is a fully-featured, integrated economics and decline curve software program that was developed by petroleum engineers for use in the oil and gas industry. It provides a complete solution for managing, organizing, and evaluating economics and reserves. Version 3 of PHDwin will be available in Fall 2020. PHDwin V3 gives you all the power. The user interface is highly customizable and allows you, your team and/or your manager, to create and share views that will improve efficiency in your workflow. Any changes you make to the interface trigger real-time calculations and an updated display on your screen. PHDwin V3 is highly anticipated in the oil & gas industry. PHDwin V3 is unlike any other software platform. It offers unparalleled calculation speeds, practically limitless database size1, engineering tools, and complex economic calculations all wrapped in a highly customizable user interface. You'll have better reserves and better economics with PHDwin V3.
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Integrations
Company Details
Company:
OGRE Systems
Website:
www.ogresystems.com
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Product Details
Platforms
Windows
Type of Training
Live Online
Customer Support
Phone Support
Online
R3 Features and Options
Oil and Gas Software
Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management
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