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Risk Analysis for the Petroleum Professional. UnRiskIT ® Compliant and consistent coding practice is necessary to effectively share financial information.

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Presentation on theme: "Risk Analysis for the Petroleum Professional. UnRiskIT ® Compliant and consistent coding practice is necessary to effectively share financial information."— Presentation transcript:

1 Risk Analysis for the Petroleum Professional

2 UnRiskIT ® Compliant and consistent coding practice is necessary to effectively share financial information in the business process. For the purposes of AFE generation and budgeting, this must be reconciled from planning to execution. UnRiskIT ® offers the means to tightly integrate financial analysis with the company coding practice by sorting and summing analytical results into the proper accounting codes. The result is a meaningful summation of financial analysis that transparently links a sophisticated risked cost and time analysis into the business financial process.

3 UnRiskIT ® can be easily configured to access 3 rd party databases Allows for a consistent coding practice across the company Simply connect to an ODBC data source or connect directly to an Access database. Custom connections and linked tables are possible. Configuration is done one time during the installation configuration. Set it and forget it. UnRiskIT ®

4 Structured Query Language (SQL) is used to query the tables in the external database. GUI provides an interface to map the external database codes to UnRiskIT Phase Codes, Activity Codes, Cost Codes, Scenario Codes and Vendor Codes are all defined and available in UnRiskIT ® as dropdown lists. Configuration is done one time during the installation configuration. Set it and forget it. UnRiskIT ®

5 Phase Codes, Activity Codes, Cost Codes, Scenario Codes and Vendor Codes are all defined and available in UnRiskIT ® as dropdown lists. Selection is made from the list or the user can key in the codes manually. UnRiskIT ®

6 A Risk Catalog is available for selecting and applying risks to your project scenario. The Risk Catalog can be populated from other databases or spreadsheets. This is inherently a manual process of copy and paste, however Warrior Technology can provide services to help automate this process. UnRiskIT ®

7 UnRiskIT ® can be linked to your company codes. Results from UnRiskIT ® can be exported to files that are then imported to other systems like *WellView ®. Providing… Consistency with corporate accounting code practice A streamlined process for Scheduling and operational monitoring Improving time and cost estimations Risked financial prognosis, budgeting and AFE generation Standardization of risk analysis and risk management UnRiskIT ® *WellView ® is a software product of Peloton Probabilistic Cost and Time Analysis 3 rd Party Systems and Databases UnRiskIT ®

8 Risk Analysis for the Petroleum Professional Thank you for your time and interest! Please contact: Victor Guerrero Warrior Technology Services, Inc (main) (cell)


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