This is a hands-on training course that will introduce attendees to the fundamentals of PHDwin Version 3 and how it is used in solving real-life case studies. The course will demonstrate to 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, and differentials), set up ownership and reversions, apply economic inputs to cases, generate prospects using type curves, manage projects with multiple wells, and create highly detailed and highly granular forward-looking Discounted Cash Flow (DCF) reports. Participants will also learn about Scenarios and qualifiers and how to utilize them to: collaboratively share and manage data in a multi-user environment, evaluate sensitivities, and usage of automation to improve efficiency and transparency, and finish evaluations faster and reliably, all within one database. Participants will learn how to model intra-case relationships using specialized group cases, completions, and incremental. These case types are common in the oil & gas industry and are used to model workovers, refracts, completions (of behind pipe, for example), waterflood, and shared economic ring-fencing to generate group economic limits (GEL), etc.