A content-rich Fiscal Regime Library, including PSC, Corporate Income Tax, Royalty Tax, Concession, Service Contract & more

Part of the R3 Software Suite from OGRE Systems

R3 ModelBuilder empowers our users to build their own fiscal regimes model or migrate the current solutions from conventional sources, such as Excel.

Organizations need a solution that not only generates production and cash flows using a basic flow chart, but one that can adapt to a specific set of conditions. R3 can provide the tools required to be successful, even when those conditions change over time.

Multiple Outputs

Create your own fiscal model or edit from our library to meet the appraisal workflow.

Concession to PSC to LLA

Easily switching evaluation models during the project life with Multi-model function.

Create your own KPIs

Not only economics but also other user-defined KPIs across the whole project.

R3+ MODEL BUILDER

Product Features

THE R3 MODEL BUILDER

International contracts are for a specific area controlled by a country and represent the terms and conditions to be met upon signing. There are several contract types being used today that are provided by R3 and data contract can have a variety of ways to divide the production and revenue.

International contracts are for a specific area, controlled by a country, and represent the terms and conditions to be met upon signing. There are several contract types being used today that are provided by R3 such as Royalty Tax, Production Sharing Contracts and Concessions as well as Operation Agreements.

Each contract can have a variety of ways to divide the production and revenue. There are Royalty Splits, Cost Recovery, Domestic Market Obligations, Profit Sharing, Local and Federal Taxes.

R3 has a multitude of models designed for contract conditions most frequently used, within many countries. This includes over 77 country models.

Model components are stored procedures that are applied in the flow chart for each asset. They are not defined cell-by-cell.

MULTI-MODEL

Some projects need to switch the fiscal regimes to justify the cost and risk, and it could be challenging for calculating the reserves and economics for each parties. Multi-model function enables users to set-up a one-time template for fiscal regimes changes - including how it's triggered during the whole economical life.

THE WORKFLOW

Model components are stored procedures that are applied in the flow chart for each asset. They are not defined cell-by-cell. The calculations are used by each asset, every time, as the code is implemented. They are not hidden from view. ModelBuilder displays the calculation components in a model as a flow chart, and the system components are included in a tree structure. These models and components exist in external files for transfer from one user to the another.

FISCAL REGIMES LIBRARY

Some projects need to switch the fiscal regimes to justify the cost and risk, and it could be challenging for calculating the reserves and economics for each parties. Multi-model function enables users to set-up a one-time template for fiscal regimes changes - including how it's triggered during the whole economical life.

READ OUR BROCHURE

Discover R3, the world’s most reliable and efficient petroleum economics software: Modular approach

R3 Economics

R3 Economics is the core product of our modular based system. This industry-leading oil and reserves asset manager delivers production forecasting, and the financial information essential for risk analysis and optimizing cash-flow from drilling programs. SEE MORE

R2R

R3 Resources to Reserves (R2R) includes all the functionality of R3 Economics, plus a full suite of tools for integration of your geologic, geophysical, and well log information; to create structure maps, volumes (P1, P2, P3) and initial drilling programs. SEE MORE

Professional

R3 Professional is our fully-integrated platform for users to perform evaluation, analysis and management of reserves economics. This solution is flexible, customizable and is focused on the client’s workflow. Rapidly access the opportunity and collaborate easily with this first-choice engineering solution. SEE MORE

Model Builder

R3+ Model Builder empowers our users to build their own fiscal regimes model or migrate the current solutions from conventional sources, such as Excel. A content-rich Fiscal Regime library, including PSC, Corporate Income Tax, Royalty Tax, concession, service contract and more. SEE MORE

Visual Analytics

R3+ Visual Analytics helps automate workflow through data collection, preparation, and by populating different metrics or KPIs onto the dashboard. Easily and intuitively provide insights with interactive query, sort, and forecast capabilities. SEE MORE

Volumetrics

R3+ Volumetrics specializes in volumetric well planning; allowing you to calculate in-place volumes of target gas and map drilling plans over time. Generate planned well production forecasts and ensure maximum revenue generation from your valuable assets. SEE MORE

Learn how R3 can transform your reserves economics - with our free demo and trial

BOOK YOUR FREE DEMO TODAY

Book a demo