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Foundation Energy Advisors used PHDwin V3 to uncover the truth behind a high-stakes acquisition — avoiding a $100 million overvaluation. Learn how advanced diagnostics, transparent economics, and real-world engineering helped protect investor capital and uphold ethical forecasting.
Learn how DeGolyer & MacNaughton leverage advanced qDb plot diagnostics in PHDwin V3 to analyze multiphase well behavior and significantly improve GOR/CGR forecasting accuracy for unconventional reservoirs, using a structured diagnostic-based workflow and real-world field insights.
From major consulting firms to independent engineers, PHDwin is the trusted engine behind reserves and economics decisions worldwide.
Built by engineers for engineers, we help teams to model, audit, and communicate value with absolute confidence.






PHDwin V3 is engineered on Microsoft’s .NET framework and powered by SQL Server for unmatched reliability and scalability.
Seamlessly integrates with your existing analytics stack; Excel, Spotfire, Tableau, Azure, and beyond — so your engineering workflows stay connected, auditable, and future-proof.
Every layer of PHDwin is designed for interoperability — from API endpoints to plug-and-play visualization in Spotfire or Tableau.
Powered by the Most Trusted Reserves Platform
Model any reservoir, anywhere. Our team builds custom fiscal models for complex PSC/PSA agreements in over 40 regions worldwide — tested, validated, and ready to deploy in PHDwin V3.
Transition seamlessly from legacy systems to PHDwin. Our data specialists ensure clean, verifiable conversions from ARIES, OGRE, Mosaic, ValueNavigator, and more — preserving accuracy every step of the way.
From Combo to One-Liner, Standard Eco, and beyond — our team designs custom reports tailored to your organization’s format and presentation standards, right inside PHDwin V3.
Connect PHDwin with Spotfire, Tableau, WellDatabase, and EnergyDomain. Our experts help automate data flows for seamless visualization, analytics, and reporting.
Our engineers work directly with your team to optimize setup, licensing, database setup and workflow automation. Streamline adoption and ensure every department to use PHDwin efficiently.
Accuracy you can prove. We implement quality assurance checks, version control, and validation layers so your reserves and economics remain defensible across every audit.
Build expertise that lasts. From on-site training to live webinars, our certified instructors teach engineers to master every aspect of PHDwin — from fundamentals to advanced economic modeling.
We have the right team, tested experience, and a brand new client services suite to serve you better than ever before. PHDwin Support has the highest satisfaction rating of any O&G reserves and economics solution.
Model any reservoir in the world, under any PSC/PSA agreement. Our experienced team will help you gain confidence in your investments and operations abroad. Grow your international success with PHDwin.
Our intuitive interface and user-friendly design simplify the reporting process, allowing you to effortlessly generate and customize reports tailored to your specific needs. Whether you require high-level summaries or in-depth analysis, PHDwin offers a range of reporting options to accommodate diverse reporting requirements.
Over 30 years of experience in the industry, PHDwin is a trusted engineering leader, revolutionizing reserves calculation methodology, data discipline, and robust economics modeling. Our wealth of experience empowers us to continuously innovate, optimize, and redefine industry practices, setting new standards of excellence.
Build confidence and mastery through PHDwin’s structured training programs — from beginner sessions to advanced economic modeling courses. Earn certifications recognized across the oil and gas industry.
Join engineers, consultants, and industry leaders at PHDwin Week, our flagship global event for reserves and economics professionals. Learn, connect, and earn continuing education credits while exploring the future of energy valuation.
PHDwin’s standardized reporting outputs are trusted by major banks and investors for A&D due diligence, loan evaluations, and asset-backed securities analysis.
From Ryder Scott to DeGolyer & MacNaughton, PHDwin is the common language of reserves economics. Collaborate easily, share models confidently, and ensure consistency across all partners and auditors.
Extend PHDwin with powerful integrations and automation through our Developer Program. Access SDKs, API documentation, and real-world partner examples to connect PHDwin to your enterprise stack.
Every calculation in PHDwin is built on transparent, auditable data. Version control, unit validation, and structured error checking ensure that your reserves and economics data remain consistent and defensible.
Deploy PHDwin on-premise or in the cloud (Azure-ready) with flexible licensing and secure SQL backends that scale to thousands of users worldwide.
Decades of trust, rebuilt for today’s digital workflows. PHDwin V3 combines legacy reliability with modern visualization, data integration, and AI-readiness.
PHDwin V3 partners with data innovators like WellDatabase and EnergyDomain to help engineers access, clean, and forecast production data faster than ever before.
Comprehensive access to North American well and production data with powerful mapping, query, and analytics tools.
Direct integration for well data, including headers, production, and curves — all synchronized in real time.
Direct integration for well headers, production, and curve data with real-time synchronization capabilities.
Instant valuation and reserves forecasting for dealflow opportunities with advanced analytics.
PHDwin Week unites engineers, analysts, and executives for a week of focused learning in reserves and economics—bridging today’s challenges with tomorrow’s workflows.
Backed by 35 years of software leadership, PHDwin Week showcases how top operators and consultants modernize reserves reporting, integrate data platforms, and unlock true decision-quality insight.
Through hands-on sessions, expert talks, and real-world case studies, attendees gain a forward-looking view of technology’s role in shaping the next era of reserves management.
PHDwin is built for the complete spectrum of reserves and economics work — from single-well analyses to global portfolio forecasting. Any reservoir, anywhere in the world. Whether you’re modeling unconventional decline, evaluating PSC terms, or presenting investment-grade reports, PHDwin gives you the precision, transparency, and speed to do it all in one environment.
Build reliable models for mature and emerging assets. PHDwin provides powerful forecasting tools for decline curve analysis, type wells, and reserve categorization—ensuring transparency and compliance in every scenario.
Analyze large-scale shale developments with precision. From multi-well pads to parent-child dynamics, PHDwin handles complex datasets with speed, helping teams optimize development strategy and evaluate type curve variability.
Model intricate production sharing contracts and joint ventures across global basins. PHDwin supports multi-party fiscal structures, enabling accurate cash flow forecasting for both operators and national oil companies.
Model any fiscal regime — from royalty/tax systems to profit-sharing agreements. With customizable cash-flow logic and fiscal formulas, PHDwin eliminates the limitations of hard-coded templates found in legacy software.
Evaluate uncertainty and sensitivity across thousands of cases. PHDwin V3 enables probabilistic analysis, price scenarios, and economic rollups — helping teams quantify risk and communicate results clearly to decision-makers.
Over three decades of trusted reserves and economics software—continuously evolving to meet the demands of modern energy analysis. Version 3 represents a new era of speed, scalability, and integration—while preserving the calculation discipline our clients rely on.
| Capability | PHdwin V2 (Previous) | PHdwin V3 (Current) |
|---|---|---|
| Architecture | File–based desktop system | Secure, SQL–backed platform with scalable data storage |
| Collaboration | Single–user workflow | Secure, SQL–backed architecture built for multi–user data integrity and enterprise scalability |
| Performance | Single–user, single–scenario workflow | Multi–scenario workflow |
| Reporting | Hard limit for large datasets | Optimized for enterprise–scale databases with parallel processing and lightning–fast batch runs |
| Integration | Limited by third–party reporting engine with stock capabilities & customization | Fully customizable dashboards, templates, and automated exports with Excel and Spotfire integration |
| Usability | Closed Data–schema, proprietary, difficult to export directly from database, no stored procedures, 32–bit OS | Seamless data connections with WellDatabase, EnergyDomain, Excel, Tableau, and Spotfire |
| Support & Training | Limited Keyboard Shortcuts | Extensive default keyboard shortcuts & customizability |
Keep your trusted methods; gain modern power. Our migration and integration process ensures a seamless transition into PHDwin V3’s connected ecosystem, giving your team faster performance, cleaner data, and smarter collaboration.
Every case, assumption, and historical record migrates cleanly into V3. Your trusted data stays intact; just faster, safer, and easier to manage.
Keep the report styles you know while modernizing exports, dashboards, and automation. V3 enhances your existing templates without changing how you work.
Go beyond “how-to” sessions. Our hands-on training connects engineers to modern integrations like WellDatabase and EnergyDomain, preparing your team for next-generation reserves analysis.
Brandon Penner from Giant Capital discusses PHDwin V3 and how to best Transition Successfully
Oil & Gas Reserves Economics in PHDwin V3: WellDatabase Import → Cases → Excel/V3 Connect Reporting
Thad Toups, P.E. Haas and Cobb: The Perils of the Black Box - Outsmart Costly Mistakes | PHDwin Week
Deepwater operators like LLOG Exploration rely on PHDwin V3 to model complex ownerships, automate variable costs, and improve confidence in financial outcomes.
When LLOG Exploration began transitioning its offshore Gulf of Mexico workflows to PHDwin V3, they discovered how automation, group economics, and shared-expense modeling could transform the efficiency and precision of reserves management.
Our adoption of PHDWin V3 allowed us to automate key field variables while improving reporting efficiency and increasing confidence in our financial results.
By reducing manual effort and errors, and with help from TRC Consultants, we enhanced operational efficiency, strengthened investment decisions, and improved reserves management and offshore asset reporting.
When we first started using PHDWin V3 at LLOG, we faced challenges with platform case conversions and automation of variable fee structures.
We also thought the conversion process would be a major hurdle and that QC’ing the data would take significant time in the new format. However, we soon learned that V3 simplified platform case usage and automated pricing-driven changes for PHA fees, royalty relief milestones, transportation rates, lateral capex scaling, and ORRI/NRI conversions tied to financial triggers.