Industry-leading software and services that combine the technical skills of petroleum engineers with the foresight of economists to empower better business decisions in the E&P industry. The Merak suite of petroleum economics software for planning, risks, and reserves management delivers best-in-class functionality.
Merak Peep economic evaluation and decline analysis software provides customization and openness, proven global standards, and personalization option for your company's standards. This, integrated with the other Merak applications, creates a comprehensive system to suit your needs.
Merak services include:
Merak 2013.1 is a significant software release, introducing new functionality throughout the Merak suite of applications. Key new features include
The 2013.1 release of the Merak suite dramatically improves the integration between Merak Peep and OFM software. This allows you to seamlessly link the forecasts from an OFM entity to Peep cases—either for a single well or an entire company—allowing Merak Peep to use those forecasts in economic evaluation for exploration, production, and reserves workflows. The new interface supports static or dynamic linking of OFM forecasts for thousands of wells and reduces the opportunities for human error.
The industry standard for economic modeling of upstream oil and gas projects.
A library of more than 180 standardized models ensures data integrity from E&P to planning.
Evaluate uncertainties, measure their impact on economic value, and determine your risk.
Secure, transparent, auditable reserves tracking and reporting process.
Powerful analytical tool assesses oil and gas investment performance against key corporate economic and financial metrics.
Decision and risk analysis transforms planning to dynamic, event-driven, evergreen process.
Transparent economic and financial analysis and forecasting software; integrates with Merak Peep