Caesar Systems Releases PetroVR 7 Decision Software for the Upstream Oil and Gas Industry.PetroVR 7 Decision Software Enhances Consistency and Flexibility in Upstream E&P Decision Making HOUSTON -- Caesar Systems announced today that its Petroleum Ventures & Risk (PetroVR) decision software, Version 7.1, is now commercially available for the oil and gas upstream exploration and production (E&P) industry. "PetroVR 7 emphasizes consistency and flexibility in the way upstream Way Upstream is a play by Alan Ayckbourn. It was first performed in Scarborough, North Yorkshire, in the Round at the Stephen Joseph Theatre on 2 October 1981. CAST
According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Caesar Systems, leading E&P companies are concerned with the information quality and the timeliness of their decision models. PetroVR decision software provides a consistent modeling platform for the integration of risk and business knowledge across the entire hydrocarbon asset lifecycle, revealing the interdependencies of key risk and value levers, for greater business insights and decision confidence. The goals for PetroVR Version 7 are to make advancements in the transparency and underlying consistency of PetroVR decision models, while enhancing flexibility and empowering project teams to move faster. Using PetroVR, E&P teams have previously documented a reduction of 30 to 50 percent in decision planning time compared to traditional methods. "With PetroVR 7, E&P decision makers can accelerate their decision process with more insight from integrative team knowledge and greater decision confidence. Teams will move faster, with more knowledge links right at their fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. ," Koosh said. Examples of new features in Version 7.1 are as follows * Rig Seasonality to improve project scheduling by easily and automatically accounting for seasonal impacts on drilling; * History of Variable Changes, which reveals a quick view of all changes made to a certain data variable, at the click of a button; * Hyperlinks from the Status Menu. The program alerts modelers with errors and warnings of data inconsistency; users can now "click" from the Status Menu and link directly to that pane to make a correction. Visual displays are presented at the Caesar Systems Web site: "What's New In Version 7.1." About PetroVR Caesar Systems introduced Petroleum Ventures and Risk (The PetroVR Toolsuite) software in 1997 and is positioning the PetroVR Toolsuite to become the industry standard for integrative development planning of hydrocarbon opportunities worldwide. It is the only fully-integrated decision software suite for E&P development planning that supports risk and uncertainty modeling that encompasses the entire opportunity lifecycle, from sub-surface reservoir to surface infrastructure to economics. Caesar Systems has implemented PetroVR decision software and solutions within leading oil and gas companies such as Apache, BHP Billiton BHP Billiton is the world's largest mining company.[1] Its origin is in the 2001 merger of Australia's Broken Hill Proprietary Company (BHP) and the UK's Billiton, which has a South African background. The result is a dual-listed company. , BP, Chevron, ConocoPhillips, Murphy Oil Murphy Oil Corporation NYSE: MUR is a petroleum corporation. It is a S&P 500 company. In 2007, it was ranked as the 169th largest company in America on the Fortune 500. The current President & CEO is Claiborne Deming. , PDO PDO Php Data Objects (PHP extension) PDO Protected Designation of Origin (EC) PDO Pacific Decadal Oscillation (weather) PDO Property Damage Only , PFC Energy PFC Energy is an advisor to most of the leading oil, gas and service companies and many foreign governments. PFC advises on emerging issues affecting the energy industry and the global economy. The company was founded in 1984 by J. , Pioneer Natural Resources, Shell, Sonatrach, Total, TransMeridian and others. PetroVR is a Registered Trademark of Caesar Systems, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . About Caesar Systems Headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , Caesar Systems provides an integrative business simulation Business simulation is simulation used for business training or analysis. It can be scenario-based or numeric-based, and it sometimes involves simulation games on personal computers or board games. and decision-making capability to the upstream E&P oil and gas industry based on PetroVR decision software and its advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . Caesar Systems is led by an experienced team of oil and gas professionals, who develop, market, implement and support the PetroVR Toolsuite for oil and gas clients worldwide. The company maintains offices in Houston, Texas; Buenos Aires, Argentina; and The Hague, Netherlands. For more information about Caesar Systems or PetroVR software and services, please contact Victor Koosh, chief executive officer, at 281/598-8791 or visit www.caesarsystems.com. Release Summary: Caesar Systems released PetroVR 7 decision software for the upstream oil and gas industry, emphasizing consistency and flexibility in building decision models for E&P projects and portfolios. Keyword Tags: decision software, petrovr, upstream oil gas, upstream oil gas |
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