Products

Oil and gas companies are measured on their success in developing new petroleum resources, reserves reported to the stock exchange and their ability to reach set production goals. The IP Suite is specifically designed to cover these areas and currently consists of four modules: IPRISKfield for field development planning, IPRISKwell for well planning, IPRISKforecast for production forecasting and IPRESOURCE for resource management and reporting.

IPRISK promotes better and faster decision-making for key investment projects as well as reliable production prognosis and serves as a communication platform between the technical disciplines and management.

IPresource is designed to store and retrieve current as well as historical data on production, reserves, contingent reserves, prospective resources, capex and opex. IPresource follows international audit standards.

 
 

Integrated Petroleum Suite (IPS)

 
 

IPRISKwell

Well Planning
- Production wells
- Injection wells
- Single branch wells
- Multi branch wells
- Well campaigns
 

IPRISKfield

Field Development Planning
- Green fields
- Brown fields
- Area development
- Data room reviews
- De-bottlenecking
 
     
 

IPRISKforecast

Production forecasting and aggregation
- Field/area forecast
- Corporate forecast
- Production goals
- Historic production
- Rig/well schedule
 

IPresource

Resource Management and reporting
- Internal processes
- Financial reporting
- International bodies
- Auditing purposes
- Company valuation