Oil & Gas CAPEX/OPEX cost estimation software

[kald]

what the best Oil & Gas CAPEX/OPEX cost estimation software

 

[chengg29]

Not sure which is the best software but we use ASPEN Capital cost Estimator while accounting for CAPEX in our field development projects in Oil & Gas (I think the latest version is 9.0). The CAPEX thus estimated is comparable to actual CAPEX incurred on other "live" projects or completed projects when becnhmarked against them.

 

[rotw]

experience

 

[kald]

very thanks , there is anther software like QUE$TOR ,HD Estimating & NetCo$ter

 

[chengg29]

Yes Kald you are right . There are many in the market and hence that poses a challenge as to which one is good or better than the rest.

I worked on QUE$TOR before in another company previous to this one. I thought their software was also good i.e. giving a "realistic" picture of the actual estimated CAPEX on the projects. The other thing is that personally I prefer the "user friendliness" of ASPEN Capital Cost Estimator as compared to QUE$TOR and as I said earlier ASPEN Capital Cost Estimation software is the official capital cost software for the company that I work with currently.

There is a website which rates various oil & Gas business software. The link to it is as follows:

http://www.capterra.com/oil-and-gas-software/

It has a huge list of such software with user reviews and ratings. Check it out

Cheers