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What is R3?

We provide support to a range of operators, including banks, consultants, national oil companies, and government organizations, enabling them to manage their assets effectively and accurately. Utilizing R3's top-tier decline curve tools, you can easily compute reservoir volumes and generate reliable production forecasts. Our Monte Carlo probabilistic simulator is designed to help you evaluate risks tied to your development strategies while enhancing cash flow through stochastic analysis. You can also effortlessly craft structured reports that meet SEC, PRMS, governmental standards, or your specific requirements. Our sophisticated decline curve analysis tools come with user-friendly features, such as shortcut keys and customizable templates, which greatly boost evaluation productivity for our clients. Furthermore, you can produce credible and flexible Reserves Reports along with Interactive Visual Analytics Storyboards to enhance your presentations. Additionally, R3 Economics acts as the core component of our modular system, providing unmatched adaptability for different operational demands. This holistic strategy guarantees that all users can optimize their asset management practices for maximum efficiency, ultimately leading to better decision-making and improved outcomes.

What is PetroVR?

PetroVR is an all-encompassing simulation platform tailored for the full cycle of exploration and development in the modern energy industry. This cutting-edge system enables petroleum engineers and planners to evaluate potential risks and returns linked to various technological development methods while considering multiple resource constraints. By leveraging PetroVR, industry professionals can sharpen their attention on critical elements like concept selection, facility sizing, and optimal well scheduling to enhance flow through a limited network. Furthermore, it allows for the calculation of scenario-driven economic assessments, with a primary focus on pre-tax results, thereby supporting well-informed decision-making regarding project feasibility. In addition, PetroVR plays a crucial role in simplifying the complexities associated with energy resource management, making it an indispensable asset for professionals in this field. Ultimately, its effectiveness in aiding strategic planning elevates the overall efficiency of energy operations.

Media

Media

Integrations Supported

Real Review Response

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

OGRE Systems

Company Website

www.ogresystems.com

Company Facts

Organization Name

Aucerna

Date Founded

2005

Company Location

Canada

Company Website

aucerna.com/software/petrovr/

Categories and Features

Oil and Gas

Material Management
Resource Management

Categories and Features

Oil and Gas

Resource Management
Scheduling

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