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Average Ratings 0 Ratings
Description
Estimation of reserves and resources involves NMR, acoustic, and image log analysis, alongside core database and interpretation software. The Resource Evaluation Programme (REP) employs the widely recognized Monte-Carlo method to accurately solve volumetric equations. LogIC serves as a petrophysical analysis tool for examining NMR, image logs, sonic waveforms, and conventional well-logging datasets. The Core Chopper tool transforms boxed core images into depth-indexed strips, facilitating their integration into petrophysical software. Meanwhile, Q-SCAL is designed for the loading, storage, and analysis of various conventional and specialized core analysis data. Developed by professionals in geology and petrophysics, this software caters to practical needs encountered during exploration and production efforts. LogIC has been refined to prioritize speed, adaptability, and high-quality output, making it an essential resource for idea development, testing, and effective communication. This suite of tools collectively enhances the efficiency and accuracy of resource estimation in the industry.
Description
There is no definitive archetype for a typical user of this system, as it caters to a diverse range of professionals, including independent reservoir engineers compiling reserve reports, production engineers developing AFEs and overseeing daily production metrics, bank engineers managing petroleum loan packages, CFOs evaluating their borrowing bases, property tax specialists estimating ad-valorem values, and investors engaged in the buying and selling of producing assets. TCW’s ProdEval software offers a swift and thorough Economic Evaluation tool suitable for both reserve assessments and prospecting analysis. With its user-friendly and accessible approach to economic analysis, ProdEval effectively meets the needs of its users. A significant feature that appeals to newcomers is its ability to project future production using advanced curve fitting techniques, which allow for easy adjustments to the curves. The flexibility of the system is noteworthy, as it can integrate data from various sources, including Excel spreadsheets and commercial data providers, making it a versatile choice for many. Overall, ProdEval not only simplifies complex economic evaluations but also enhances the decision-making process for its users.
API Access
Has API
API Access
Has API
Integrations
Datto RMM
Datto Workplace
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Logicom
Founded
1985
Country
United Kingdom
Website
www.logicomep.com
Vendor Details
Company Name
Texas Computer Works
Website
www.tcwsoftware.com/products/prodeval/
Product Features
Oil and Gas
Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management
Product Features
Oil and Gas
Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management