ARIES is Halliburton’s industry-standard software for petroleum economics, reserves reporting, and decision support. It is widely used by upstream oil and gas operators, reserves auditors, and A&D teams to unify well and lease economics, cash flow forecasting, sensitivity analysis, and portfolio decision workflows . According to industry data, 84% of the Oil & Gas Journal Top 100 companies use ARIES for reserves and economics .
Core Capabilities
Based on Halliburton’s official product documentation, ARIES provides :
| Category | Capabilities |
|---|---|
| Economic Modeling | Enterprise-to-property modeling, complex multi-layered scenarios, price forecasts, tax and royalty assumptions in a single platform |
| Reserves Management | Production forecasting using decline curves (Standard interactive Decline Analysis, Harmonic Hyperbolic, Cartesian), reserves reporting |
| Data Management | Flexible and extensible data model, open data models for integration with reserves ERP and financial systems, robust data QC tools |
| Enterprise Scale | Evaluate and consolidate thousands of properties in minutes using linked price forecasts and economic defaults |
| Reporting | Customizable reporting based on over 600 pre-defined reporting streams with annual/quarterly/monthly roll-ups |
| Access | SaaS-based cloud application for anytime, anywhere access |
