Solutions / By Name /PetroVR

Analyze trade-offs in Asset Development Planning

PetroVR is a full-cycle asset exploration and development simulation system. Engineers and planners can weigh the risks and rewards of multiple development options and the impact of resource constraints.

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Customizable solution for your oil and gas resources plays

PetroVR actualizes the challenges of oil and gas resources plays. It provides development planning and production optimization tools for the expanded value chains in various oil and gas resources. 

Accurate and reliable conventional modeling

PetroVR delivers petroleum exploration risk and uncertainty modeling for conventional and EOR/IOR projects. PetroVR has led the way in replacing spreadsheet-based modeling with a powerful simulation approach to upstream E&P risk and uncertainty modeling.

Complex, complete scenario planning

PetroVR features Monte Carlo risk, optimization, and advanced scenario planning for more complex asset-level planning, from exploration to development. Teams can capture and understand uncertainties by simulating the entire project over a long-time span. Model project schedules, production profiles, economic metrics, and risk analyses with sensitivity tools and Monte Carlo analysis.

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