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What is ProdEval?

There is no single typical user for this system, as it serves a wide array of professionals, such as independent reservoir engineers creating reserve reports, production engineers who design AFEs and track daily production metrics, bank engineers dealing with petroleum loan packages, CFOs assessing their borrowing capacities, property tax experts estimating ad-valorem valuations, and investors involved in the acquisition and divestiture of producing assets. TCW’s ProdEval software provides a rapid and comprehensive Economic Evaluation tool that is ideal for both reserve assessments and prospecting analyses. Its user-friendly interface and straightforward approach to economic analysis ensure that it effectively fulfills the requirements of its users. A particularly attractive feature for newcomers is the software’s capability to forecast future production using sophisticated curve fitting methods, which facilitate easy modifications to the curves. The system's adaptability is impressive, as it can seamlessly incorporate data from multiple sources, such as Excel files and commercial data providers, making it a flexible option for a variety of users. Moreover, ProdEval not only streamlines intricate economic evaluations but also significantly improves the decision-making processes for its users, ultimately leading to more informed business strategies. This comprehensive functionality positions ProdEval as a valuable asset in the toolkit of professionals across the industry.

What is Aucerna Reserves?

Aucerna Reserves employs advanced cloud technology on a secure and interconnected platform to optimize the complex processes and workflows involved in reserves management. This innovative system provides operators with comprehensive analysis and reporting tools, synthesizing data from multiple organizational sources to form a complete perspective on corporate reserves. By utilizing volumetric calculations, reservoir simulations, and economic models, teams can avoid the cumbersome management of various spreadsheets while minimizing data entry errors related to reserves and resource estimates. At present, Aucerna Reserves manages billions of barrels of reserves for a wide array of companies, ranging from small independent operators to major international firms. Tailored specifically for the energy industry, Aucerna Reserves ensures that reserves reporting is flexible, accurate, timely, secure, and repeatable, significantly reducing the likelihood of errors commonly found in spreadsheet-based systems. This forward-thinking solution not only boosts operational efficiency but also plays a crucial role in facilitating informed decision-making throughout the sector. By integrating these advanced technologies, Aucerna Reserves sets a new standard in reserves management.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Texas Computer Works

Company Website

www.tcwsoftware.com/products/prodeval/

Company Facts

Organization Name

Aucerna

Date Founded

2005

Company Location

Canada

Company Website

aucerna.com/software/aucerna-reserves/

Categories and Features

Oil and Gas

Not specified

Categories and Features

Oil and Gas

Not specified

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