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TRC Consultants LC was founded as a royalty evaluation provider.
In order to perform royalty evaluations the company created software to make the job streamlined, efficient, and ensure accurate numbers.
Read about how we became PHDwin and the impact we created in the Oil and Gas Industry.
TRC Consultants L.C. was Founded in 1984 shortly after three co-founders graduated from Petroleum Engineering Programs.
TRC began as Texas Royalty Consultants. The original mission was to sell engineering expertise in exchange of royalites.
Read more about our original business here (coming soon).
Our first piece of software was sold in 1993 to Smith Production Inc. PHDwin DOS was not the first version of PHDwin though.
Read about it here (coming soon).
Our second version of PHDwin, gains adoption and becomes the largest competitor to existing solutions.
Read about our performance at the SPEE Software Symposium (coming soon).
With over 30+ years of expertise in developing and refining PHDwin, we are proud to be a trusted and established leader in the energy industry. Our deep-rooted commitment to excellence and our passion for innovation have set us apart as the go-to solution for energy professionals seeking unparalleled software and services.
Our software is our brand. Our services are our legacy.
Our vision is to lead the energy industry reserves economics methodology through our innovative software solutions and consulting services.
By leveraging advanced technology, industry expertise, and a commitment to continuous improvement, we aim to revolutionize the way energy professionals manage and optimize their operations. Together, we envision a future where TRC Consultants and PHDwin are synonymous with unparalleled value, trusted partnerships, and transformative solutions in the energy sector.
Our values drive our organization:
Our mission is to streamline workflows, optimize decision-making, and drive success for oil and gas professionals.
We are dedicated to providing exceptional software access, unparalleled client support, and valuable industry insights.
We focus on meeting the evolving demands of exploration and production companies, reserves consultants, royalty firms, and the energy lending sector, we continuously refine and expand our flagship software solution, PHDwin.
In 30+ years we have come to support thousands of firms managing, consulting, and financing oil and gas assets. Here is our snapshot of our impact on the O&G industry.
When you have two weeks to submit a reserves report to the SEC, a few days for a loan application from large energy lender, or the right opportunity to pivot A&D strategy -- PHDwin is the solution you need, and we are the team that will support you.