PIMAS Product

PIMAS Product

PIMAS is the first cloud-based application for Petro Economic Evaluation, Planning, and Asset Management. The structure of PIMAS allows for easy and efficient global deployment within a company’s internal cloud. PIMAS improves corporate efficiency and reduces costs for both companies and independent consultants.

PIMAS does not require any knowledge or use of programming code. It is designed with a drag-and-drop intuitive graphic user interface.  The combination of building block modules and fiscal model templates allows even novice users to build a professional fiscal model with relative ease.

With the continuously growing suite of Thales products, PIMAS can be integrated into a platform including decision analysis, type curve forecasts, production planning, reserve management, and corporate portfolio management & optimization, business intelligence and visualization, and ERP system integration.

Global Model Library

The Global Model Library (GML) covers over 140 countries, 200 models which includes US and Canada, PSC, Royalty, Service and special contracts. These models can be readily incorporated into PIMAS and modified/customized as needed.

Fiscal Graph Model

Drag-and-drop intuitive graphic interface results in fast, flexible and reliable modeling, and allows analysts to focus on analysis as opposed to programming.

Working Interest Model

Stakeholder based model allows for setting & tracking of complicated company and host government equity interests

Scenario and Sensitivity Analysis

Allows for Scenarios Management, What-if analysis, and Sensitivity Analysis including Tornado, Spider plots

Decision Analysis

Decision Analysis includes probability based decision tree model and a data-driven risk model. Drag & drop modeling approach enables quick decision analysis for exploration scenarios and development plans.

Consolidation and Incremental Economics

Consolidation function allows for the analysis of complex consolidation, ring fence conditions associated with a group of assets, and project incremental economics evaluation.

Integrated Production Planning

The interactive planning platform provides various planning scenarios and applications which link to economic models for analysis.

Report and Graph

System generated default reports and graphs in user a configurable dashboard with the ability to export reports, data and graphs

S Curve Analysis

S Curve Analysis incorporated into PIMAS is an invaluable tool for visualizing the range of possible outcomes whether it be NPV, reserves, net cash flow, etc. S Curve Analysis provides the risk measures (e.g. Probability of Loss) based on project total probability and reasonably derives P10/P50/P90 scenarios.

Monte Carlo Analysis

The traditional deterministic approach to project economics does not provide sufficient insights into the range of possible outcomes resulting from variations in reserves, costs, timing, etc. PIMAS allows for a fully probabilistic view of a project outcome.

Next Steps...

Feel free to contact us for a demo

Contact Us