PHDWin 3.1.17

PHDWin , a product of TRC Consultants, is an advanced and professional software for economic analysis of oil and gas reserves. This software is highly anticipated in the oil and gas world. No other software program offers unparalleled computing speed. Unlimited database size, practical engineering tools and complex economic calculations are all gathered in a highly customized user interface.

TRC Consultants PHDWin gives all the power to the user. Our highly customizable user interface lets you, your team or your manager create and share comments that bring performance to your workflow. Any changes you make will result in real-time updates and an updated display.

Features and specifications of PHDWin software

Customizable user interface is designed to maximize workflow efficiency.

Ability to edit a group of Excel and…

Microsoft SQL Database Platform

Built for Speed

• Microsoft SQL Server Backend
• Multi-core Processing
• Unlimited Database Size
• Automated resolution of case dependencies
• Run reports while others work

Expanded Engineering Tools

• Support for Daily data
• Arps, SEDM, Scheduled, Lin Time, and Flat Segments can be used together on same forecast
• Flow regime identification
• Normalized curves by proppant and lateral length

Comprehensive Economic Modeling

• US and international economics
• Pre and post income tax reporting
• True Group Economic Limit calculations
• Flexible qualified prices, expenses, ownership, investment, and tax inputs

Improved Economics Methodology

• Economic limit automatically calculated with max cum cash flow
• Support for differentiating sunk and discretionary investments
• Introduction of economic hurdles

Qualified Economics & Scenarios

• Store qualified case data
• Use scenarios to quickly run sensitivities
• More flexible and user-friendly than any other software

Data Discipline

• Company standards set at database level
• Data dictionaries
• True multi-user experience
• Admin control (coming soon)

PHDWin 3.1.17 New Features:

• Large Database Processing Time and Stability: When the right hardware (32gb RAM recommended) is used with PHDwin V3, large databases (70,000+ cases) are now faster to process and more stable to ensure an efficient workflow.

• Cost Depletion Report: This newly added report is great for accounting and financial stakeholders who want to manage their wells taxable liabilities for the year.

General Improvements and Bug Fixes:
• Daily Production Fixed issue of changes not being saved on daily production form when daily data is plotted on an active graph.

• Database Manager Bug fix for issue where multiple layers of folders made restoring unresponsive.

• Decks – Prices/expenses/shrinkage was not triggering save when adding line to case specific values.

• Global Editor related bug fix and improvement:
o Fixed previous build issue of “Curve Fit – Arps” option generating invalid forecasts.
o Will now properly apply changes to cases when case selection includes norm curve cases.
o Fixed issue where in certain qualifier setups global edits to expenses were not applying if primary qualifier was empty.

• Graphs related bug fix and improvement:
o Renamed Product setting tiles from “Plot Daily” and “Plot History” to “Plot Daily History” and “Plot Monthly History” for clarity.
o Fixed issues for scaling axis and graph title values when product is not active in graph.
o Faster navigation when graph models are applied and active in current view.

• Grid Editor related bug fix and improvement:
o Fixed issue where cases in a project sometimes repeated in Eco Options grid editor
o Minor fixes for typo and clipboard interaction.

• Import related bug fix and improvement:
o Certain .DRI and .WDB files were not generating autofit upon import despite having the option checked on which has been fixed.
o Minor updates to text on import window for accuracy on scenarios, views, and mapping.

• Login Window was stalling when clicking refresh Instance list button before writing first db name.

• Merge related bug fix and improvement:
o Fixed conflicts when Merging Models with the same name across different products.
o Fixed issue where Models that match on label but differ in values were not creating new models.
o Case/Volume Multipliers, investment custom interest/qualifiers, project manager info and recompletion offset issues have been fixed.

• Prospect Case Creator now properly prompts for dry hole case when the number is higher than 0 but no dry hole case is specified.

• Scenario Manager related bug fix and improvement:
o Fixed previous build issue of case selection not handling null values for custom ID codes in when in active sort order.
o Fixed previous build issue of case selection not handling copy Scenario when using effective qualifier tokens in active sort order.
o Added the ability to resize the columns in the scenario linking tab
o Prompts for unsaved cases changes will not display repeatedly if cancelled initially.