Resources
Free Resources Designed to Improve Your Productivity & Profits
Tools, templates, research and data to help you make better and faster decisions.
NYMEX Prices for PHDwin
We have updated our MOD file process to provide you with an easier, seamless experience. Just click the DOWNLOAD button, and the file will process in a new tab.
“Current” Strip Prices 9/5/2025
We have updated our MOD file process to provide you with an easier, seamless experience. Just click the DOWNLOAD button, and the file will process in a new tab.
Historical Prices
Fridays and first of month strip prices during 2025, including the most recent strips.
First of month strip prices, 2014 to 2024
EIA monthly spot prices, 2014 to 2024 (To get more up-to-date prices from EIA, click here.)
Research
Abandonment Costs: What PRMS and Other Standards Do and Don't Say
In a recent webinar, our team explored the current industry standards and guidance around plugging and abandonment (P&A) cost modeling. Download the slides and materials used during the live webinar.
A Proposal for “Holdback”
Thirty-five years of declining production and accumulating plugging liabilities have created the need for a new economic yardstick and new planning considerations. This free white paper outlines the need and proposes a solution.
A Framework for Well Plugging
The oil industry and the public we serve cannot conduct a meaningful discussion of asset retirement obligations if we can’t agree on the words to use to talk about them.
Barrels of Value, Not Energy
This Working Paper proposes a consistent and comprehensive terminology to discuss retirement obligations, particularly for well plugging operations.
Tools
✔ Templates for PHDwin 2.0
Based upon decades of engineering experience and principles of good design, the DPPE Template for PHDwin customizes the best reserves & economics software to make your engineering work faster and better.
✔ Cash Flow Spreadsheet with Holdback Calculation
This new version of our cash flow spreadsheet is built on the same AAPL template (linked below), but it focuses on producing fields instead of developing fields. It adds the calculation of end-of-life economic yardsticks like holdback and holdback coverage. Please let us know how it works out for you!
✔ Cash Flow Spreadsheet with Drilling Program
The original cash flow spreadsheet developed for the AAPL's course "Understanding Petroleum Economics" can be downloaded below. This version models producing cash flow plus future development drilling withinterest reversions.
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