ProdEval

ProdEval is production and evaluation software from Texas Computer Works (TCW), a Houston company serving the upstream oil and gas sector. It is used to analyse the economics of producing assets for reserve reports and for assessing prospects.

Main features

• Economic evaluation: models producing properties for reserve reporting and prospect analysis.
• Scenario testing: compares price, timing and risk cases quickly and consistently.
• Production database: TCW also sells software to track and analyse production.
• GRT gauge sheets: a separate cloud-based electronic gauge sheet program for collecting field data.

Who it works with

Independent producers, consulting engineers, banks with oil and gas lending groups, and property tax representatives, according to the customer comments on the site.

Key facts

• Vendor: Texas Computer Works, Inc.
• Based in: Houston, Texas
• Support: training and technical support from staff who know petroleum software