This is a hands-on training course that will introduce attendees to the fundamentals of PHDwin Version 2 and how it is used in solving real-life case studies. The course will demonstrate for attendees how to use PHDwin to simplify workflow in reserve evaluation and analysis of oil & gas assets. You will learn how to import data from various sources into PHDwin, visualize production data, build production type curves, apply projections to cases using industry-standard forecasting methods, build models (for price, expense, shrinkage, escalations), set up ownership and reversions, apply economic inputs to cases, generate prospects using type curves, and create highly detailed and highly granular forward-looking Discounted Cash Flow (DCF) reports. Participants will learn how to model intra-case relationships using group cases, recompletions, and incrementals. These case types are common in the oil & gas industry and are used to model workovers, refracs, recompletions (of behind pipe, for example), waterflood, and shared economic ring fencing to generate group economic limits (GEL), etc.