TECHNOLOGY CAPABILITIES

Haas Petroleum Engineering Services, Inc. employs a suite of commercial software packages and hardware capabilities in order to provide state-of-the-art tools for technical analysis and presentation. The primary economic software programs utilized by HPESI are the most common economics utilities to the industry.

PHDWin and ARIES are used in order to estimate reserves, revenue, expenses, and capital expenditures for the analysis of decline curves, future producing rates, and present value.

GEOGRAPHIC INFORMATION SYSTEMS
HPESI uses both PETRA® and GeoGraphix geographic information systems in order to allow our geologists and reservoir engineers to make quicker decisions regarding the analysis of oil and gas field data. Geological and geophysical maps can be fully integrated with production and engineering data to ensure reliable estimates of reserve potential. Both systems provide:


HDS - HPESI also utilizes HDS, a powerful petrophysics program that is based on calculations of well logs and core data. PETRA® and HDS are used in conjunction to provide the most accurate interpretations and visualizations possible for our clients.

NEOFIRMA - Haas Petroleum Engineering has been working side by side with Neofirma, an Energy Asset Management company, to enhance our oil and gas accounting analysis tools. With their help, we have developed a tool that streamlines the calculation of up to date accounting differentials and lease operating expenses. This new tool has enhanced and perfected the calculation process for a more cost effective and efficient accounting data management application.

HPESI also utilizes or has utilized: 
A2D ................................................  digital log images 
IHS Energy .....................................  nation-wide production & well data 
Lasser, Inc. .....................................  state-wide production data 
DrillingInfo.com ...........................  nation-wide production and mapping data 
GeoMap .........................................  subscriptions to the fayetteville shale play maps 
@Risk .............................................  a Monte Carlo simulation software package 
Spotfire ..........................................  a Statistical Analysis/Data Visualization software 
Fekete - F.A.S.T. RTA™ ...................  rate transient analysis software 
Fekete - F.A.S.T. WellTest™ ............  pressure transient analysis software 

HARDWARE - HPESI uses a color mapping printer capable of printing high resolution maps and logs for use in presentations and in association with PETRA®. Additionally, a 4’x 5’ digitizing table can produce digital copies of hardcopy maps and logs on virtually any scale and is capable of performing volumetrics on a large scale. All data input from the table is readable on PETRA®, GeoGraphix and HDS.


Haas Petroleum has access to these and a multitude of other hardware and software items that enable us to calculate, preserve, and compile the necessary data, information, and reports for our clients. We are continuously improving our services by adding new and improved methods and utilities to complete our clients projects more quickly and efficiently. The above listed hardware and software utilities allow us to supply our client's with more cost effective tools and engineering capabilities.