Accelerate E&P Decisions with understanding and quality

With 15 years of field testing and continuous improvement, PetroVR is the global standard for E&P Decision Assurance Software

For Conventional

Petroleum exploration risk and uncertainty modeling for conventional and EOR/IOR projects

PetroVR Project has led the way in replacing spreadsheet-based modeling with a powerful business simulation approach to upstream E&P risk and uncertainty modeling.

Questions a PetroVR simulation can answer

  • What are the major value drivers for my asset or project?
  • What are the major risks; what strategies will be the best way to manage those risks?
  • How large should a host facility be, given the subsurface and upstream uncertainties?
  • Should we build a large facility or phase development?
  • How fast should we develop our field?
  • What are the primary target goals and constraints that will impact scheduling?
  • What is the best drilling rig strategy? How many rigs should be deployed?
  • How can new technologies impact our project (rates and schedules)?
  • How will we determine Value of Information for decisions?
  • What will be the decision trade-offs related to debottlenecking the project?
  • And many more

The robust power of PetroVR risk and uncertainty modeling is realized in the many discrete software functionalities, all packed into a unified software platform:

The Power of PetroVR
Project Management Event Simulator Production Planning Monte Carlo Simulator Financial Modeling Decision Trees Portfolio Modeling