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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 Petrel?

The Petrel platform is designed for use both on-premises and within the DELFI cognitive E&P environment, enabling geoscientists and engineers to analyze subsurface data effectively from exploration through to production, which enhances collaborative insights into the reservoir. By adopting this comprehensive approach to earth science, companies can optimize their workflows across both exploration and production phases, thus making better-informed decisions through an integrated view of potential prospects and their inherent risks. At the heart of this process lies data-level integration, a vital component that fosters collaboration among various disciplines. This integration supports the accumulation and protection of knowledge throughout the entire lifecycle, from initial exploration through to production, involving all stakeholders from petroleum systems modelers to reservoir engineers, all striving for a cohesive understanding of the subsurface environment. Whether you are initiating your first deepwater exploration project or overseeing a large-scale drilling operation in a shale formation, the Petrel platform greatly enhances multidisciplinary workflows and boosts overall project effectiveness. Ultimately, this platform not only propels innovation but also emphasizes the critical role of teamwork in achieving successful outcomes within the geoscience sector, reinforcing the notion that collaboration is key to navigating the complexities of subsurface exploration and production. As the industry evolves, the capabilities of Petrel will continue to play a pivotal role in shaping the future of energy exploration.

Media

Media

No images available

Integrations Supported

Cegal Prizm
RokDoc

Integrations Supported

Cegal Prizm
RokDoc

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

SLB

Date Founded

1926

Company Location

United States

Company Website

slb.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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