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PEDRA™ has been created to help your technical staff analyze risky, complex investment decisions with ease, clarity, and quality.

Consider how often your organization is faced with the following decisions:

  • Under what terms should we farm-out (or farm-into) a prospect?
  • Should we invest in additional seismic information to improve drilling results and efficiency?
  • Is reducing the mechanical risk with a more expensive well design worth the additional cost?
  • What is the best land acquisition strategy: acquire a test block or do a "land grab" before the competition arrives?
  • Should we utilize measure-while-drilling technologies?
  • What is the optimum bid on a lease sale, given prospectivity and competitive behavior?

PEDRA's™ web interface allows analyses to be conducted either by individuals with responsibility for key decisions or in collaboration with team members or peer reviews anywhere in the world.