The most comprehensive solution on the globel market for oil and gas reserves economics.
This package includes our core R3 Economics platform plus all 3 add-on modules. R3+ Visual Analytics, R3+ Model Builder and R3+ Volumetrics. Let us introduce you to R3 Professional, today.
Part of the R3 Software Suite from OGRE Systems
Integrated solution for oil and gas reserves and economics using industry leading technologies, with Volumetric Mapping, Advanced Data Analytics and Visualization.
R3 Professional is a fully-integrated platform with Resource Volumetric Mapping, Decline Curve Analysis, Petroleum Economics, Reserve Analysis and management, and visualisation.
Multiple
Outputs
Offers a variety of tools for multiple outputs - from Reserve audit evaluations to Reserve based Loan evaluation.
Data Analytics Ready
Enabling users to quickly identify the opportunity in M&A, i.e.visulaize and characterize basin potential and identify sweet spots.
Reserves Management
Generating 1P 2P 3P Reserve and Economics based on the same assets whilst tracking its development stages.
R3 PROFESSIONAL
Product Features
ADVANCED MAPPING CAPABILITIES
Advanced Mapping capabilities with your Reserves and Economics, see the full value of your assets and interact your data in fully customizable dashboard in R3 Visual Analytics
VOLUMETRIC MAPPING
This is an add-on, which 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.
Decline Curve Analysis
From Conventional to unconventional, R3's advanced DCA Graphic tool, Includes several pre-built templates for your use. Users can easily edit or customize these templates to meet their unique needs. Multi-Segments, User defined EUR back calculation, Scenarios and shortcut keys are the must-have tools for a efficient and successful evaluation .
Probablistic Approach
Method - Monte Carlo
Monte Carlo simulations are used in performing Stochastic analysis, which makes it possible for R3 to perform thousands of risk calculations for thousands of random portfolios, very quickly. Generating P10, P50 and P90 values for not only the reserves numbers but also the economics. Deliver reasonable certainties with confidence.
Break Even Analysis
Allows users to calculate multiple break- even points based on user defined parameters such as ROR, ROI, NPV and remaining reserves, and much more.
Multivariate Sensitivity Analysis
Allows users to calculate multiple break- even points based on user defined parameters such as ROR, ROI, NPV and remaining reserves, and much more.
INCLUDES ALL THE FEATURES OF
ADD ON
Model Builder
ADD ON
Visual Analytics
ADD ON
Volumetrics
WHAT OUR USERS SAY
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
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
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