PetroVR enables business simulation unlike any other decision support tool in the E&P sector.

The PetroVR Toolsuite empowers E&P project teams with comprehensive reservoir-to-market simulation of a business opportunity, encompassing the whole value chain. It simplifies how E&P project teams describe a business asset for decision-making purposes. Teams perform faster, higher quality evaluations, considering more scenarios than is possible using other tools.

The PetroVR Toolsuite is field-proven: E&P leaders have been working with PetroVR since 1997 to create higher value through business simulation, team collaboration, enhanced workflow and knowledge transfer.

  • Collaboration and team workflow are integrated for greater accuracy
  • Risks and uncertainties are better defined through probabilistic analysis
  • Management confidence increases as teams "measure money, while measuring barrels"
  • Knowledge transfer is enhanced by a standardized project documentation format

PlanVR models exploration, development and operations activities for any oil and gas project, from conception through abandonment. Build visually powerful project scenarios while increasing accuracy and reducing work time by 30 to 50 percent of the time you'd spend using an ordinary spreadsheet.

EconVR is an economic model-builder used to model every fiscal regime and deal structure. Compared to spreadsheets, the Financial Modeling Language {FML} embedded in EconVR is a powerful tool that organizes and simplifies fiscal and financial modeling.

PortflioVR is an add-on to EconVR used to optimize a diverse project portfolio. Efficient Frontier techniques assist in selecting an optimal project portfolio considering the company's risk and financial parameters.

PetroVR reaches to the very core of the equity investor's decision process. It automates many key activities that technical teams once performed manually with ordinary spreadsheets. PetroVR enables more accurate and timely evaluations of projects, offering petroleum decision-makers better information to make decisions.

PetroVR features a user friendly, intuitive interface. Project evaluations, which previously took weeks or even months to complete, are now performed in a matter of hours or days with much greater accuracy and quality.

All tools in the PetroVR Toolsuite include Monte Carlo simulation for exploration volumetrics and full-cycle project economics, Decision Trees and flexible reporting and graphing facilities.

 

 

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PetroVR is a trademark of Caesar Petroleum Systems. All other products mentioned are registered trademarks or trademarks of their respective companies.