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Our utility package is designed to help you better characterize and understand your opportunities with various tools to aid in systematic Risk Analysis. Now you can simultaneously plot up to five groups of data each with up to 10,000 points, to characterize field size distributions and other relevant data. The distributions can also be plotted in two time frames.

Tools Included in ToolBox:

• Enhanced Plotting. Plots up to five (5) groups of 10,000 data points each, including labels, in log-probit,  frequency, and cumulative frequency coordinate systems and determines the statistical markers and regressions for each dataset.
• Creaming Curves. Defines a lognormal distribution from up to 2,000 data points and permits viewing of two plots: (1) a single dataset divided by two equal time periods; and (2) the creaming curve showing changes in growth rates over time.
• Distribution Parameters. Defines any lognormal distribution from any two parameters.
• Units Conversion. Provides a comprehensive list of common oilfield conversion factors as well as a conversion between SI and Imperial reserves units.
• Value of Information. Calculates the expected value of acquiring additional data and compares that to the base-line expected value of moving forward without that data.
• Geometric Correction. Estimates the geometric correction factor for a gross reservoir interval for determination of the average net pay over a prospect area.
• Bg and FVF Oil Calculation. Calculates the gas expansion factor for gas reservoirs and the formation volume factor for oil reservoirs based upon estimates of reservoir conditions and fluid composition.

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Save money on ToolBox when you purchase the Prospect Risk Analysis Suite. The suite includes our most popular software tools, Multi-Method Risk Analysis (MMRA), Multi-Zone Master (MZM) and ToolBox for one low license price.

Contact us today to learn more about these valuable this software tool is and how it will become an important part of your risk assessment projections. Or, request a Trial Evaluation Package to see for yourself how easy it is to get sophisticated, risk analysis results.