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

What’s New in PetroVR

PetroVR 10.2: Flexibility and Greater Transparency for Modeling Unconventional Projects

PetroVR (Version 10.2) Highlights

Released January 23, 2013

Delivers Transparency, Consistency, and Robust Decision Assurance with 23 New Capabilities and More Power for Modeling Unconventional Projects

Exploration and production (E&P) companies seeking to accelerate confidently to production, with greater understanding, insight and quality decisions, get faster decisions and greater transparency in PetroVR Version 10.2, now ready to download.

As we strive to improve your work life through new PetroVR capabilities, we keep in mind the 10 Attributes of Successful Software Applications. This release focuses on seven of these: Flexible, Transparent, Consistent, Robust, Integrative and Sustainable.

Flexible – Adaptive To Change

Redesigned Table Performance Types

You will be able to model any kind of behavior for your main and secondary fluids, including unconventional well performance types.

Well Completion Rate - Coal Bed

PetroVR version 10.2 increases flexibility in modeling unconventional projects, particularly the modeling of unconventional well performance

Flexible Intervention Priority

From this version on, you can select whether an intervention takes priority over already-scheduled drilling and completion jobs.

Flexible Well Interventions

New Decline Switch Mode

You can now select Keep Current Rate in an Decline Manipulation job and easily see how a secondary or tertiary recovery technique impacts the existing performance of a well.

More Dynamic Simple and Extended Rig Modes

This new capability permits you extraordinary flexibility in controlling rig mods without being forced to switch to Extended Rig Mode.

Transparent – Clear Presentation of Assumptions and Results

Surface Layout in Last Simulation

In this version, a new Tab appears titled In Last Simulation, showing the Surface Layout that resulted from the simulation: What facilities have been built? What happened to them, were they abandoned? What wells were choked? Re-routing, emissions and consumption, clones built, and many other facility events are displayed to help you see more clearly what happened to your model.

Surface Layout in Last Simulation

Tag PetroVR Plan Variables as Results

From this version on, you are no longer required to have an associated Econ model to run Monte Carlo, Sensitivities, Spider Graphs, Excel cases, etc. If you want to examine only technical results in your model, simply tag a variable and go.

Tag PetroVR Plan Variables As Results

Browse and Search for PetroVR Plan Cost Categories Items

A new Tree View is available to review, edit and QA all user-defined Cost Categories.

Cost Categories in Tree View

Wells Online in Reservoir Graphs

Reservoir-level graphs have been enhanced to show the number of wells online in each period, both producer wells and injector wells.

Reservoir Graphs Show Wells Online

Consistent – Results Are Reliable and Based On Uniform Assumptions

Facility Groups in Tree View

Facility groups now appear as foldable nodes in the Tree View, which helps you visualize the hierarchy and classification of facilities in large projects.

Facility Groups

Robust – High Decision Quality Based On A Total Quality System

Learning FML Function

A new Learning Function has been added to the powerful Functional Modeling Language (FML) that enables you to calculate learning for any type of object, including facilities. Previously, this was limited to well drilling and completion.

Learning Function in FML

Integrative – Facilitates Discussion and Common Understanding To Attain Strategic Objectives

Portable PetroVR Models

Now, you can copy a complete PetroVR model and all its related files (.pvr, .eco, .ch, image files, Excel spreadsheets, etc.) into a single folder, resetting the file location registry, thus creating a stand-alone duplicate of your project. This new copy can be used as a back-up or as an independent project to be opened from any machine.

Sustainable

These combined new and enhanced capabilities were subject to 998 discrete new unit tests and 1,800 discrete new functional test cases, for a total 9,523 unit tests and a total 28,814 functional test cases.