Patent ID: 7778859

Claim:
A computer-implemented method for performing economic calculations in petro-technical workflows, comprising: designing a computer-implemented economic model including, building and running an economic calculation in a petro-technical workflow using one or more processors, the building and running step including, opening an economics dialog box, clicking an economics calculation tab in the economics dialog box, clicking a settings tab in the economics dialog box and configuring a set of settings for the economic calculation, clicking a run button in the economics dialog box to perform the computer-implemented economic calculation, wherein the step of clicking the economics calculation tab in the economics dialog box comprises defining a set of basic economic calculation parameters for the economic calculation using one or more processors, and wherein the step of defining a set of basic economic calculation parameters for the economic calculation using one or more processors comprises: (a) choosing to create a new run or overwrite an existing run; (b) choosing an economic model upon which to base the economic calculation; (c) specifying identifiers for which data is obtained; and (d) specifying one or more simulations from which data is obtained for the economic calculation; wherein said set of basic economic calculation parameters is selected from the group consisting of an economic model that will be used for the economic calculation, a set of wells or groups or field for which the economic calculation will be performed, and a set of simulations whose data will be used as inputs for the run.