PHDWin V2
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PHDWin V2
PHDWin is a full-featured, completely integrated economics and decline curve software package written by petroleum engineers for the oil and gas industry. It offers a complete solution to manage, organize, and evaluate reserves and economics.
Economics
Flexible modeling available for almost any country including U.S., Canadian and international assets. Before and after tax calculations are included. Cases can be projected in any volume convention and economics reported in the volume and currency convention of choice.
Flexible Economics
Advanced modeling for prices, expenses, taxes and royalties
Link to common price, expense, tax or royalty models
Sophisticated ownership modeling
Automated group reversions
Multiple ownership decks
Advanced reporting for combining ownership at report time
Create custom product, revenue, expense and tax streams
Investment grouping and tracking for capital budgeting
Unparalleled Automated Group Calculations
Group calculations affecting multiple cases like those associated with units and platforms have never been easier. PHDWin has the most advanced, automated and representative group modeling that previously had to be done manually.
Group (Field/Unit/Platform) Level Calculations
Gross or Net Summary Graphs
Allocated revenues, expenses, taxes or investments between cases
Group Ownership Reversions
International and Custom Modeling
Comprehensive U.S., Canadian, and international economics for both before and after income tax considerations are available.
Domestic tax regimes and international fiscal regimes can be modeled within a single database. Each case can be worked in its native units, currency, and economical model. At report time, a common currency and unit convention may be selected for individual and summary reports. All unit conventions and currency conversions are handled by PHDWin at report time.
Forecasting Tools
Our graphics module is unsurpassed in its ease-of-use and quality of output. Economic results are displayed immediately on a graph after any modification to either the forecast or economic variables.
Truly Integrated Decline Curves
PHDWin instantaneously displays the results of any economic or forecast change on any graph. Results such as cumulative discounted cash flow, estimated ultimate recovery, final economic limit date, cumulative production values, and important header data are dynamically displayed without re-running economics.
Easy-to-Manage Decline Curves
PHDWin graphics are the most robust and flexible while remaining easy-to-use. No other system offers more variety in editing decline curves and calculating estimated ultimate recovery. Here is a sampling of the options:
Three auto fit options or direct curve parameter inputs
Drag-and-drop projections or copy an analogous trend
View multiple projections on a single graph
Reconcile decline estimates with in-place volumes
Project rate-time or rate-cum
Presentation Quality Graphics
Comprehensive U.S., Canadian and International economics for both before and after income tax considerations are available.
All fiscal regimes can be modeled within a single database. Each case can be worked in its native units, currency and economical model. At report time, a common currency and unit convention is selected for individual and summary reports, and all the conversions are handled by PHDWin on the fly. Yes, it really is that simple.
Need a regime built? TRC Consultants may be commissioned to build PSC, PSA and any other Regime. Click here for more information.
PHDWin allows for unsurpassed flexibility in customizing graph layouts. Choose up to six different products with five different forecasts for each product on a single graph. Select colors, line styles, and create annotations. These and other features allow concepts to be easily communicated visually.
Gas Material Balance
The volumetric calculator is integrated with the decline curves to calculate in-place volumes and automatically display recovery factor percentages.
Project BHP/Z to calculate in-place gas volumes that are linked to the gas decline curve.
Estimate Reserves
Companies need to know how much they have already produced, how much is left to produce, and the total estimated economic recovery. PHDWin provides over 60 canned reports, including some reports that comply with both SEC and NI51-101 guidelines.
What-If Scenarios
Our intuitive interface makes sensitivity analysis manageable and easy.
Group prices, expenses, and taxes into scenarios to quickly and easily run sensitivity analysis
Analyze incremental economics through easy-to-manage, automated case subtraction
Risk analysis can be performed through the Risk Tree, through case or volume multipliers, or a combination of the three
Prospect Evaluation
Use normalized data to create type curves
Use the Prospect Generator to marry basic well data with type curves to create a flexible drilling schedule
Dynamic dates make moving drilling schedules easy and fast
Economic scenarios allow for instant sensitivity analysis
International Economics
Global Economic Modeling
Comprehensive U.S., Canadian, and international economics for both before and after income tax considerations are available. Economics have been modeled in over 40 countries and regions worldwide.
Domestic tax regimes and international fiscal regimes can be modeled within a single database. Each case can be worked in its native units, currency, and economic model. At report time, a common currency and unit convention may be selected for individual and summary reports. All unit conventions and currency conversions are handled by PHDWin during report generation.
Report Results
Choose from one of 60 default report formats included with the program. Roll-ups and summaries are easy to define and automate. Make informed business decisions based on Net Present Value, Internal Rate of Return, and Return on Investment.
Position your company ahead in today’s fast-paced environment with clear and easy presentations of results. PHDWin offers sophisticated reporting through a simple interface.
Reporting Features
- Over 60 default report templates included
- Supports all conventional economic indicators
- Cases entered in different volume conventions and currencies can be reported in the currency and convention of choice
- Simple controls for summaries and subtotals, even for complex reports
- Full Canadian NI 51-101 reporting supported
- Create custom MS Access queries and reports to run from PHDWin
- Full access to the reporting database enables integration with data visualization tools such as Rosetta PetroVisual
Prospect Evaluation
Create unlimited PHDWin projects and share data easily. The .phz transfer file provides full transparency of all economic inputs and results. This file format is also useful for creating backups and maintaining corporate archives.