Rose & Associates offers a portfolio of products that feature a suite of solutions including ProjectRA, a project risk analysis and cash flow tool, that supports the challenge of effectively modeling diverse unconventional opportunities from exploration through development in a staged approach via guided workflow.

Annual subscription model.

ProjectRA:

• Leverages Monte Carlo simulation engine to provide speed and flexibility for a consistent approach that results in more informed decision making
• Uses the segment as the basic unit of investigation, defined either spatially or stratigraphically
• Decision tree outputs with simulation results presented in deterministic and probabilistic forms
• Flexible type curve modeling – ability to import from database analogs, reservoir simulators, or construct the variability to match observations

Staged investments include:

• Discovery – tests whether the petroleum system is active for minimal production
• Deliverability – test the project against a minimum average IP rate required for a given number of wells
• Demonstration – test a defined number of wells to demonstrate commercial viability
• Development – drills the wells in specified acreage tracts at specified spacing

ProjectRA addresses the following challenges:

• Multiple play segment characterization
• Forecasting from limited data sets
• Pilot-sizing and confidence achieving the mean
• Modeling type well decline variability
• Full-cycle economic portrayal
• Modeling in either scoping mode or detailed development mode