Home > Reserves and Economics > Project Evaluation

Project Evaluation Solutions

Standardised, Flexible Economic Evaluations

Economic evaluation in the highly risky and costly upstream environment is challenging. This is compounded in many organisations by a lack of standardisation in economic evaluations and inconsistency in fiscal modelling. Frustrated analysts spend significant time trying to collect and qualify data, creating and updating fiscal models and building reports and charts. Consolidating international projects to generate a complete view of a company requires significant data manipulation.

Sensitivity runs to assess the impact of changes in price, foreign exchange rate or inflation involve the whole organisation. Where third-party solutions are used for project evaluations, they are often inflexible and unable to handle complex situations. This forces analysts to do much of their daily work outside of the application and use it only for submissions and reporting.

Palantir is different. With our economic evaluation and fiscal modelling solutions you can:

  • Value exploration prospects, optimise drilling campaigns, evaluate alternative development options and form the basis of project sanction decisions.
  • Generate the analysis you need, when you need it at any of the key decision points throughout an asset’s life.
  • Benefit from standardisation but retain the flexibility needed to model the most complex situations at whatever level of detail is required.

With Palantir, disjointed, static and inflexible workflows are replaced by processes that are collaborative, dynamic and integrated.

By working with you to understand your current systems and challenges we are able to:

  • Identify areas for improvement and make suggestions for change
  • Provide customised solutions designed to suit your business or configure our existing applications to meet your needs
  • Suggest enhancements and extensions to existing tools and processes capitalising on our extensive domain knowledge
  • Eliminate operational inefficiency, reduce costs and improve your organisational performance

At Palantir we listen to your needs and design configurable, customisable solutions that work for you.

Evaluate and model more easily with PalantirCASH

Our market leading, proprietary software product, PalantirCASH, is a fast and flexible tool for economic evaluation and fiscal modelling. With an extensive and maintained international fiscal model library with over 100 regimes, PalantirCASH is the economic engine of choice for over 40 E&P companies worldwide.

Learn More