What Does softPetroleum AppraiserÔ Do?>

softPetroleum AppraiserÔ  is a subset of an enterprise-wide information system that provides the tools for an evaluator to determine the value of petroleum properties. It is connected to corporate data through the softPetroleum EnterpriseÔ  data layer and therefore has a direct and powerful set of tools to project future production and the future financial performance (cash flows) which are likely to result from the operation of particular petroleum properties. Those expected financial results, i.e. the future value of the properties, can then be used for a variety of purposes.

softPetroleum AppraiserÔ  can be used to value reserves for corporate financial statements, to value assets subject to acquisition, sales, or financing, and to provide valuations for property tax appraisal. The system can also be used for conventional reservoir engineering studies, for reserve management, and by production engineers for evaluating the economic merits of well re-completions or other well improvements.  Virtually any type of analysis of the performance of a petroleum property from a reserve and financial standpoint can be performed using the tools within softPetroleum AppraiserÔ.

Key Benefits

• Easy to use
• Comprehensive property valuation features
• Automatic intelligent curve fitting
• Extensive property database stores historical expenses, revenue, production, etc.
• Economic parameters automatically derived from property history
• Specialized property tax valuation tools and reports
• Dynamic update of discounted cash flow as production forecast is manipulated with graphical user tools

Return to the top of the page.

Send mail to webmaster@petrosci.com with questions or comments about this web site.
Copyright © 2000 Petroleum Science Corporation
Last modified: September 10, 2000