FAQ

What is Form Builder?

Form Builder is the application that is used to create an input form or forms to enter data into Asset Manager for the subject model to run. The form can be included with other forms to create a formset. For the user to be able use an input form, created in Form Builder for Asset Manager, the form must be inserted into a new or existing formset.

How do you add studies in pyxis?

Right click in the study area and add new study name in the box.

How do you add additional phases to an Asset?

Right click on the parent and go to the data phase. Add one of the phases from the list. Only these phases can be added.

What types of Imports can you do in pyxis?

Assets, OGRE, Premise, Drilling Info, Spreadsheet, Lasser, and IHS.

What are the 3 ways you can calculate Economic Limit within pyxis?

NOLOSS OFF - By default, the selection is No Loss Off.  This designation does allow a project to go negative.  

No Loss On (BTAX Cash Flow) and No Loss On (Operations Cash Flow) take effect after all cash flows have been calculated.  pyxis checks all time frames, finds the highest positive cumulative cash flow based on BTAX cash flow or Operations Cash Flow, respectively, then zeros all time frames after that point. Since the cash flow is negative in a capital cost case, Neg Cash Flow Cutoff has to be No Loss Off in order for the dry hole costs to occur.

How do you schedule working interest in pyxis?

Working interest is schedule on the OWNERSHIP form either in the digital stream or at the bottom either as a Farm In or Farm out.

How can you re-sort an Asset Tree?

Right click on parent on then go to Reorganize. The user has several options of items to sort on and the user can add to this list by editing the TransferTypes.ini file in the config directory.

What type of Exports can you do in pyxis?

ARIES, OGRE, Asset, and Premise.

What is NO LOSS and why is it used?

The NO LOSS feature is used to truncate the asset when the designated cash flow, e.g. operations cash flow, goes negative. It allows the model to make a reasonable assumption as to when the asset would be abandoned.

Why would you use a Premise File?

Premise Files are used to make it easier for the user to track a multitude of prices with the ability to change them in the properties with a minimum of effort.

What does a Query do?

Queries give the user the ability to select properties from anywhere in the Asset tree by using a search criteria.

What is a Bonus Search?

Bonus Search is the tool used to give the user the purchase price that can be paid for a property at a given rate of return.

What is a Peer Study?

A peer study is the ability to have a copy of a study that duplicates the data, but allows the user to make some changes in the data and keep the rest of the data link live. Changes made to the original study are reflected in the peer, but changes made in the peer are not reflected in the original study.

What is the purpose of Well Scheduler?

Well Scheduler is used to more easily build a drilling schedule over a period of time using one or more typical wells. It lets the user build a large number of wells without having to create them one at a time.

Can pyxis do Type Curves?

pyxis has the capability of type curves. It is labeled as curve normalization.

Testimonials

“As independent petroleum engineers, we evaluate projects for a very diverse clientele. As such it is important for us to choose an economics package that is both simple to use efficiently as well as robust enough to handle even the most challenging economic models. OGRE Systems provides us with that diversification as well as a phenomenal support team to back it up.”

Kevin A.

“As a former ARIES user, I found pyxis to be much more user friendly and its interface truly intuitive. Making the switch has definitely put me at an advantage.”