PowerTools®
Economic and Reservoir Analysis Software
PowerTools
Run your economic reserves quickly and easily
PowerTools was developed for oil and gas professionals by
oil and gas professionals and allows you to quickly and easily assess reserves, evaluate economics, and produce supporting documentation. O&G companies use PowerTools when acquiring
or divesting properties to maximize well production through accurate economic and reservoir analysis.
Printer Friendly PowerTools Brochure
Why Choose PowerTools
PowerTools is an easy-to-use and affordable economic reserves evaluation software available. Engineers, geologists, landmen, service companies, lenders, and investors rely on PowerTools for quick and easy screening as well as detailed corporate evaluations of specifi c oil and gas projects. With an intuitive interface that is easy to learn, time is freed up for you, and your staff does not spend time learning another software package.
PowerTools intuitive interface includes automatic updating of existing case studies, easily and quickly preparing multiple scenarios, and viewing multiple scenarios simultaneously.Users can view data by mapping, modeling, and reporting.
With features like click and drag, side-by-side comparisons, mapping, report books, and ease of use when integrating data, PowerTools is easy to learn and use by your whole team, not just specialists.
Make PowerTools Part of Your Daily Operations
Quickly and Easily
Users can set up numerous case studies and easily switch back and forth between them because input variable such as prices, expenses, taxes, investments and interests, are in one location. It is complete with BFIT and AFIT calculations, cases, reversions, taxes, ROI, ROR, payout and NPB calculations.
Model and map multiple scenarios by inputting multiple leases in one location using the Input Grid. Evaluate future net income associated with remaining reserves, undeveloped reserve potential, and other measures of value including collateral and fair market value.
View EUR simultaneously three ways in one window. PowerTools runs production decline curve analysis, gas pressure analysis, and oil, gas, and coal bed methane volumetric calculations all at once! This allows you to compare, substantiate, and increase overall estimate accuracy.
Click and drag or use automatic decline curve fit to refine decline curves on your own evaluations. Derive economic models by coupling your economic values such as prices, expenses, taxes, etc., with exponential, hyperbolic, and combined decline curve analysis.
Mapping capabilities include bubble maps and color contour displays of
production and economic values such as remaining reserves, EUR’s, future
net revenues, NPV’s, and past monthly production.
Reservoir Analysis: Production decline curve analysis includes unparalleled
fast and simple modeling capabilities—exponential, hyperbolic, hyperbolic
with exponential tail, and annotations. Past production data can be directly
compared with current FieldDIRECT field data.
Use PowerTools reporting capabilities to access the more than 65 pre-designed O&G reports and the ability to create your own quickly and easily. PowerTools users devote their time to analysis – not report creation. PowerTools features Report Books – reports that automatically create well, subtotal and grand total level reports.
PowerTools Integration was developed to seamlessly interface with IHS data from a variety of sources. Subscribers dynamically get the latest historical information available.
U.S. Data Online/Enerdeq – IHS offers the most comprehensive database of U.S. oil and gas production volumes and tests with more than 1.7 million producing entities. PowerTools users who subscribe to IHS data save time – browse for leases and add the selected leases to the PowerTools project via the internet – it’s done that quickly.
FieldDIRECT Integration – Create a direct link to your FieldDIRECT project located on your local desktop or network source. Leases are then updated for your review. View oil, gas, and water production in addition to being able to graphically see downtime periods and reasons.
PETRA Integration – We have made it easy for you to move your economic analysis directly into PETRA so that you can do a more complete reservoir analysis. This is a dual direction link between PowerTools and PETRA. PowerTools imports well header, location, and production data that is stored within the PETRA project. After analyzing the loaded well economics, PowerTools information is exported back into PETRA as a zone. Data that is exported to the zone includes decline oil and gas volumes, economic life and parameters, and AFIT economics.
“I have used other economic evaluation packages but now I use PowerTools exclusively for my reserve and reservoir analysis. From the start, I felt it was very user-friendly, easy to learn and flexible. And, I have found that it is simple to update existing projects over time.”
Allan Heinle, PE, President, Heinle & Associates Inc.
Data Integration Example
Projects may be created from fi les from any of the links and the user
will browse for the selected project information or search for the desired
information through Enerdeq or IHS Data CDs.
Free 30-Day Trial
- PowerTools is available on a trial basis of 30 days.
- Your trial CD contains the fully functional PowerTools program, complete with sample data.
- It also includes more than 30 tutorials and a Quick Reference Guide so you can start immediately.
- Try PowerTools for free