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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 Field Development Planning?

The rapidly evolving nature of market dynamics, combined with the rise of remote work and increasing financial pressures, requires operators to adapt more quickly than ever before. Aucerna's Field Development Planning software provides essential tools for planners, engineers, and economists, enabling them to make well-informed decisions that align with asset goals. By offering a comprehensive, integrated platform, your teams can efficiently develop schedules, track ongoing operations, and quickly adjust to changing field conditions. Recognizing how modifications to schedules influence production start dates and output levels enables you to retain confidence in your production timelines and forecasts. Aucerna's cutting-edge solution features sophisticated modeling software for field development, along with powerful simulation and optimization tools that aid teams in evaluating the economic repercussions of various elements, including reservoir size, facility needs, capacity, and rig scheduling. Additionally, this platform guarantees that all interdisciplinary teams—spanning reservoir, marketing, production, and finance—have coordinated access to development strategies, current estimates, budgets, and consolidated reports, thereby promoting collaboration and boosting operational efficiency. Such a high degree of integration and accessibility not only enhances communication but also significantly improves decision-making processes throughout the organization. The result is a more agile response to market conditions and a stronger alignment of resources towards achieving strategic objectives.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
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/workflow/field-development-planning/

Categories and Features

Oil and Gas

Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management

Categories and Features

Oil and Gas

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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