PlanVR models exploration, appraisal, development and operations activities for any oil and gas project, from conception through abandonment. PlanVR enables project teams to build visually powerful models of appraisal & development opportunities. Teams can then compare and rank investments to determine and recommend the highest return alternatives.

Making technically accurate forecasts is important to E & P professionals and therefore to us. We focus on giving you the features necessary to most accurately represent your knowledge of the project. And because we've faced these problems before, you will typically be able to shorten evaluation cycles by 30-50%. PlanVR will also help you standardize and document project evaluations, cost estimates and production, much more accurately.

Value of Information and Value of Flexibility are tools that help you make decisions. Because, all decisions are time sensitive, we have combined decision trees and timelines to optimize your capabilties for VoI and VoF analysis. The decision tree tool in PetroVR allows the user to incorporate decisions and uncertainties in the schedule that branch out into different scenarios.

Monte Carlo simulation is also inherent in the design of PetroVR. Therefore, all PlanVR variables can be described as probabilistic distributions.

Options are great, but too many choices hinder quality decisions. Scenario Manager will help you narrow your scope by providing side-by-side comparisons of the various alternatives. It finds all the differences for you, so that you can focus on the analysis and not the search for model variations.

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.