PHDWin

PHDWin is a comprehensive economics and reserves analysis software designed specifically for the oil and gas industry. According to the vendor, it provides advanced functionalities for economic evaluations, decline curve analysis, and reserves reporting. The software is suitable for companies of all sizes, from small independent operators to large multinational corporations. It is utilized by professionals in various fields including petroleum engineering, reservoir engineering, geology, financial analysis, and energy consulting.

Key Features

Highly Customizable GUI: According to the vendor, PHDWin V3 offers a highly customizable user interface, allowing users, teams, and managers to create and share customized views. The customizable GUI is claimed to improve workflow efficiency and allow for task-specific operations.

Built for Speed: PHDWin V3 is built on Microsoft SQL Server, which the vendor states provides industry-standard stability and performance. The software is said to utilize multi-core processing, enabling faster calculations and data processing. The unlimited database size capability is claimed to ensure efficient handling of large datasets.

Expanded Engineering Tools: According to the vendor, PHDWin V3 supports daily data, enabling detailed analysis and forecasting. The software supports various forecasting methods, including Arps, SEDM, Scheduled, Lin Time, and Flat Segments. Flow regime identification is claimed to assist users in analyzing and understanding reservoir flow behavior. Normalized curves considering proppant and lateral length are said to enhance the accuracy of decline curve analysis.

Comprehensive Economic Modeling: According to the vendor, PHDWin V3 offers comprehensive economic modeling capabilities for both US and international economics. The software supports pre and post-income tax reporting, providing flexibility in financial analysis. True Group Economic Limit calculations are claimed to assist users in determining the economic viability of projects. The software allows for flexible inputs for prices, expenses, ownership, investment, and taxes, enabling customization of economic models.

Improved Economics Methodology: According to the vendor, PHDWin V3 introduces enhanced economic limit calculation with the introduction of Maximum Cumulative Cash Flow. The software supports differentiating sunk and discretionary investments, providing more accurate economic analysis. Economic hurdles, including discounted cash flow, non-discounted cash flow, and ROI-based metrics, are claimed to be critical for automation.

Qualified Economics & Scenarios: According to the vendor, PHDWin V3 allows users to store qualified case data, enhancing business intelligence and efficiency. Users can reportedly utilize scenarios to run sensitivities and analyze different outcomes quickly. The software is claimed to offer enhanced flexibility and user-friendliness compared to other software in managing qualified data and scenarios.

Data Discipline: According to the vendor, PHDWin V3 allows companies to establish data standards at the database level, ensuring consistent and reliable results. Data dictionaries are said to enforce consistency and reduce data entry errors. The true multi-user experience enables concurrent operations and eliminates the need to wait for calculations to complete. Admin control is stated to be coming soon, providing administrators with more control over the software.

Unrivaled Graphing & Forecasting Tools: According to the vendor, PHDWin V3 features five forecasting methods, including Arps, SEDM, Scheduled, Lin Time, and Flat Projections. The software offers flexible import options, supporting more than 25 data vendors and file types. The available forecasting methods are claimed to meet the industry's needs for decline curve analysis software. PHDWin V3 provides flexible import options, facilitating easy data import from various sources.