Economics and Scenarios

R3's flexible Multi-tree can track assets and scenarios by:

  • Ownership
  • Pricing
  • Investments
  • Taxes
  • Location data
  • Asset or facility info
  • Production
  • Custom fields
  • Existing or custom economic models and scenarios.

Multiple Hierarchal Data Inheritance

Common asset tree organized by business unit

Common asset tree organized by business unit

Same asset tree organized by project

Same asset tree organized by project

Same asset tree organized by facility

Same asset tree organized by facility

Next generation scenario analysis

Companies require accurate repeatable results.  How do you simplify a company’s operational scenarios and key uncertainties so decisions can be made accurately and consistently?  What are the real world risks, constraints and sensitivities related to your company’s key decisions?  For simple decisions, this may not be too challenging in traditional economics software.  Is your traditional software forcing you to choose to ignore critical factors?  Would you make a betting decision if you could incorporate factors related to geographic regions, facilities, drilling schedules, projects, geology, tax or international fiscal regimes, risk or product markets at the same time?  For example, without this capability you may meet drilling schedules without realizing the constraints of bringing the oil to market.

Building accurate scenarios that reflect all of the key factors related to your real world challenges is difficult with traditional economics software.  With R3 you can quickly build multiple scenarios utilizing the unique capabilities of R3's multiple hierarchal data inheritance.  Simply put, you can populate assumptions related to risks and sensitivities from business units, geographic locations, drilling schedules, geology or even custom facilities constraints from those perspectives. With this feature you can easily create multiple scenario and constraint types that incorporate all key factors that affect your decision can be analyzed.