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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 PVTsim?

Calsep is recognized as a leading provider of PVT simulation services specifically designed for the oil and gas industry. They have adeptly managed PVT modeling projects on every continent, showcasing their global reach. Their work includes EoS modeling for a wide variety of reservoir fluids, including natural gas, gas condensates, near-critical fluids, black oils, and heavy oils. Central to Calsep’s services is PVTsim Nova, an innovative PVT simulation tool that serves reservoir engineers, flow assurance specialists, PVT laboratory engineers, and process engineers. PVTsim empowers users to effortlessly navigate the entire workflow from fluid sampling through to design and process planning. With this tool, professionals can verify fluid compositions, develop EoS models, oversee water interactions, evaluate the potential for solids precipitation, and create inputs for over 30 external simulators—many of which are leading tools in reservoir, process, and flow simulation. The recent launch of PVTsim Nova 5.1 has introduced new capabilities, including support for PRODML and Calsep Excel PVT Templates, allowing for the swift import of fluid composition and PVT data into PVTsim with a single click. This integration not only improves the user experience but also optimizes workflows, simplifying the management of intricate fluid data, and ultimately contributing to more efficient project execution in the field. With Calsep’s commitment to innovation, they continue to set benchmarks in the industry for PVT simulation services.

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

Calsep

Date Founded

1982

Company Location

Denmark

Company Website

www.calsep.com

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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