Overview
What is REP?
REP (Resource Evaluation Programme) is a software solution designed specifically for the oil and gas industry. It is primarily used for performing rigorous volumetric calculations and evaluating hydrocarbon reserves. This software solution is suitable for companies of all sizes, from small independent...
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Basic
$10,000
Entry-level set up fee?
- No setup fee
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- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Details
- About
- Tech Details
What is REP?
REP (Resource Evaluation Programme) is a software solution designed specifically for the oil and gas industry. It is primarily used for performing rigorous volumetric calculations and evaluating hydrocarbon reserves. This software solution is suitable for companies of all sizes, from small independent operators to large multinational corporations. Geoscientists, reservoir engineers, petrophysicists, explorationists, and production engineers are among the professionals and industries that can benefit from the features and capabilities of REP.
Key Features
Monte-Carlo Technique: According to the vendor, REP utilizes the well-known Monte-Carlo technique to estimate reserves and assess the uncertainty associated with these calculations. By simulating multiple scenarios and considering the variability of input parameters, REP aims to provide a comprehensive analysis of reserves.
User Interface: The vendor states that REP offers a user-friendly interface that guides users through the estimation process, ensuring ease of use and effective navigation. It is designed to enhance understanding and facilitate the presentation of results to colleagues and management.
Report Quality Output: According to the vendor, REP routinely produces report quality output that can be used without modification for presentations or submission documents. The program generates high-quality reports that can be easily shared with stakeholders, aiming to ensure professional and visually appealing results.
Validation and Consistency: REP includes "reality" plots at both variable and results levels, allowing for validation and checking of input data, according to the vendor. It aims to ensure consistency in calculations and results, providing confidence in the assessment of reserves.
Prospect Assessment: According to the vendor, REP is designed to assess prospects in a play setting, considering multiple prospects or fields in a single geological setting. It allows for the proper assessment of prospect groups and the investigation of relationships between them.
Consolidations: The vendor states that REP includes a consolidation module that allows for the proper assessment of groups of prospects or fields. The module enables the evaluation of relationships between different prospects and the consolidation of reserves figures, aiming to provide a comprehensive overview of a company's assets.
Volumetric Calculations: According to the vendor, REP handles the calculation of prospect and field reserves using the standard volumetrics equation. It supports various fluid types, including oil, gas, oil and gas, gas condensate, and gas condensate with oil.
On-Screen Digitisation: The vendor states that REP includes an on-screen digitisation feature that allows for the digitisation of well logs, graphs, cross-plot overlays, maps, and pictures. This feature enables the importation of data directly into the volumetrics section, aiming to save time and improve accuracy.
Batch Analysis and Plotting: According to the vendor, REP offers batch analysis and plotting capabilities, allowing for the processing of an unlimited number of wells without user interaction. The program's batch analysis feature includes a simple control file that manages the processing, aiming to enhance productivity and efficiency in reserves assessment.
REP Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Windows |