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.
Determine the Initial Production rates (IP) of locations Set Production Start dates for wells.
Can auto-generate an asset tree for locations on a map.
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 .
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. This feature enables you to deliver reasonable certainties with confidence.
Allows users to calculate multiple break-even points based on user-defined parameters such as ROR, ROI, NPV and remaining reserves, and much more.
Allows users to calculate multiple break- even points based on user defined parameters such as ROR, ROI, NPV and remaining reserves, and much more.
One click of Unit and currency conversion is a life savor for our multi-countries assets
We are able to incorporate our country's evaluation workflow into R3 R2R since geologic risk and uncertainties play a significant role in resources estimation...
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