Database - PLDB™
Do you manage complex portfolios in spreadsheets or outdated legacy systems? Streamline your portfolio management with PLDB – The team-based stochastic resource management system for the oil and gas industry.
Capture and Store Prospect Information
PLDB is a powerful team-based solution for creating and analysing a secure repository of your prospects, leads plays, and opportunities. It is ideally suited to companies that include Exploration in their strategy, or where there is a focus on resource replacement and managing risk.
- Provides oil & gas companies the capability to capture and store prospect information.
- Standardised procedures to evaluate potential resources.
- Provides full auditability as well as chronological reviews.
- Effective integration with other data management solutions as well as advanced analytical tools.
- Accessible via a dynamic web-based portal.
Associate Supporting Documentation – Attach or link supporting documentation to help support decision making.
Continuous Development with over 20 Years of Active Use
Resource Computation and Economic Risk
Team Based Stochastic Resource Management
- A consistent approach to volumetric assessment, geological, and economic risk.
- Perform analysis and adjust volumes following the inclusion of new information.
- Demonstrate the commercial potential of conventional and unconventional prospects.
Understand and Manage Risk
- PLDB supports configurable formulae and risk factors.
- PLDB provides full auditability as well as chronological reviews.
- Capture information on how estimates were calculated so that assessments can be ratified even if team members move on.
Rollups, Reports & Dashboards
Effective Local or Global Portfolio Management
- Undertake historical comparison and manage versions of resource estimates.
- Compare and contrast individual opportunities or combine selected prospects in portfolios.
- Portfolio Snap-shots and Rollups help support decisions to select prospects prior to commitment for full economic assessment.
- Valuable Post Well Audit and Well Failure Analysis capabilities.
Visualisation and Analytics
- Customisable dashboards provide an effective visual representation of all data.
- Reports provide critical and timely insight into prospect inventory.
- Feed data into business analytical tools.