--- description: Review of PHDWin Software: system overview, features, price and cost information. Get free demos and compare to similar programs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: PHDWin | Reviews, Pricing & Demos - SoftwareAdvice AU --- Breadcrumb: [Home](/) > [Oil and Gas Software](/directory/296/energy-software/software) > [PHDWin](/software/243249/phdwin) # PHDWin Canonical: https://www.softwareadvice.com.au/software/243249/phdwin > PHDwin V3 is purpose-built petroleum reserves and economics software developed by petroleum engineers for the oil and gas industry. It provides a fully integrated platform for decline curve analysis, economic evaluation, and SEC-compliant reserves reporting — giving E\&P operators, reserves consultants, and energy lenders the tools to evaluate any asset with speed, accuracy, and confidence. Enterprise-Grade SQL Foundation Built on Microsoft SQL Server, PHDwin V3 eliminates the file size constraints of legacy database platforms. The result is virtually limitless case counts, 64-bit processing, and the reliability your IT team already trusts — whether deployed on a client/server network or run locally. Unlike cloud-dependent platforms, PHDwin V3 keeps your data on your own infrastructure, secure and encrypted, with full organizational ownership. Unmatched Calculation Speed Economic runs that previously took 10 or more minutes now complete in 2–4 minutes, with real-time recalculations updating instantly as changes are made. Engineers stay in their workflow without waiting on the software — a critical advantage on large-volume evaluations and tight reporting deadlines. Five Forecasting Methods for Any Asset PHDwin V3 supports Arps, SEDM, and three additional decline methods that can be used in combination — essential for unconventional wells exhibiting multiple flow regimes across their producing life. Autofit options are editable and database-specific, giving engineers precise control over how curves are fit to each asset's actual behavior. The Forecast ribbon keeps all graph and product settings visible, with nothing buried in submenus. Mass-Editing at Scale The Global Editor and Grid Editor allow engineers to apply formula-driven changes across hundreds of cases simultaneously. Copy and paste directly from Excel into the case grid, eliminating manual re-entry and dramatically reducing setup time on large databases. Seamless Excel Integration PHDwin V3 Connect offers five output formats for direct Excel integration — including one-line executive summaries, monthly reports, multi-scenario outputs, columnar stream data, and scheduled forecast data. Engineers move freely between PHDwin and Excel without re-entering data, reducing errors and accelerating reporting cycles. Qualified Scenario Management Run sensitivity analyses, lookbacks, and what-if scenarios without touching your base case. Economic hurdles support discounted cash flow, non-discounted cash flow, and ROI-based thresholds — all critical for portfolio decision-making and automation. Report formats and ranking metrics update dynamically without requiring evaluation re-runs. Integrated Economics and Reserves The upgraded graphics engine plots revenues, expenses, and taxes directly on production graphs, combining economics and reserves into a single view. Improved economic limit calculations and full support for sunk versus discretionary investment differentiation ensure that better economics produce better reserves — every time. Multi-User Collaboration Multiple engineers can work within the same database simultaneously and merge their work together seamlessly. Concurrent operations mean no waiting for one calculation to complete before moving to the next task — a significant productivity gain for larger teams and enterprise deployments. Customizable User Interface Users, teams, and managers can create, save, and share custom workflow views tailored to their specific roles and evaluation needs. The interface is configurable at every level, ensuring engineers see exactly what they need without navigating unnecessary complexity. PHDwin V3 is trusted by independent reservoir engineers, E\&P operators, reserves consultants, royalty firms, energy lenders, national oil companies, and government agencies worldwide. From single-asset evaluations to enterprise-scale portfolio management, PHDwin V3 delivers the speed, accuracy, and control that mo > > Verdict: Rated **5.0/5** by 2 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **5.0/5** | 2 Reviews | | Ease of Use | 5.0/5 | Based on overall reviews | | Customer Support | 5.0/5 | Based on overall reviews | | Value for Money | 5.0/5 | Based on overall reviews | | Features | 5.0/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: TRC Consultants - **Location**: Austin, US - **Founded**: 1986 ## Commercial Context - **Pricing model**: Flat Rate (Free Trial) - **Pricing Details**: Pricing Model: Subscription (Quarterly or Annual Lease) Starting Price: $413/month (Annual Standard, billed upfront) Pricing Description: PHDwin V3 is available as a quarterly or annual lease with transparent, upfront pricing and no hidden fees. All plans include one year of support. After the first year, support is billed additionally — contact sales for details. Standard — Single-user, local database installation. Quarterly lease at $1,593 upfront ($531/month) or annual lease at $4,956 upfront ($413/month, save $1,416/year). Network — Multi-user concurrent access with centralized database, priority support line, advanced administration tools, and API access \& integrations. Quarterly lease at $3,822 upfront ($1,274/month) or annual lease at $11,892 upfront ($991/month, save $3,396/year). Additional Services Available: Instructor-led training classes Custom report development PSC/PSA fiscal regime modeling Integration consulting Contact sales for additional services pricing: phdwin.com - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Windows (Desktop), Windows (On-Premise) - **Supported Languages**: English, Traditional Chinese - **Available Countries**: Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium and 210 more ## Features - Activity Tracking - Audit Management - Compliance Management - Customizable Fields - Customizable Reports - Data Analysis Tools - Data Import/Export - Data Visualization - For Oil & Gas - Forecasting - Forms Management - Production Management - Project Management - Real-Time Updates - Reporting & Statistics - Resource Management - Role-Based Permissions - Scheduling - Third-Party Integrations ## Integrations (5 total) - Azure Application Gateway - Microsoft Excel - Spotfire - Tableau - WellDatabase ## Support Options - Email/Help Desk - Knowledge Base - Phone Support - Chat ## Category - [Oil and Gas Software](https://www.softwareadvice.com.au/directory/296/energy-software/software) ## Alternatives 1. 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The support team at PHD win is always ready for any of your questions or problems. ----- ### "PHDWin V2" — 5.0/5 > **Sarah** | *20 February 2023* | Oil & Energy | Recommendation rating: 8.0/10 > > **Pros**: I enjoy phdwin v2 as our primary economic software because I believe it is easy to learn and drag and drop feature simplifies the tool. > > **Cons**: If I could make one change I would add a data column to the capital tab so you can easily see when money is being spent. ## Links - [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/243249/phdwin) ## This page is available in the following languages | Locale | URL | | de | | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | | fr | | ----- ## Structured Data