It can also be defined as a distribution, making the decision point a chance node. Process Flow Diagram - Production flow in PlanVR is modeled via fluid streams. Oil, gas, water, and condensate streams are currently supported. When a Facility Event is created it knows the input stream types it can accept and the output stream it generates. All input data, detailed production and cost data is output making it easy to customize your own reporting format and link up to economic models in spreadsheets.
All results are also automatically available for the economic modeling tool EconVR .
Economic Modeling EconVR includes the industry's most open and powerful economic analysis system available. EconVR is capable of modeling concessionary, production sharing, or service contracts. EconVR's Financial Modeling Language is a simple, visual, algebraic style language, containing all mathematical constructs required for any financial calculation. Input into FML is from either EconVR's cash flows or Excel spreadsheets. Financial Modeling Language has the unique ability of exporting its calculations directly to Excel.