Price Decks Overview
The Price Deck is global and applies to all entities in the project. Sales Prices, Royalty Prices, Inflation Rates, Tax Rates and Exchange Rates are all available in the price deck. You can use an evaluator’s price deck, or build your own.
Price Files for use in Value Navigator are posted on our website quarterly. We supply price files from the following evaluators: Mc Daniel, Sproule, GLJ, Deloitte, Trimble, and Ryder Scott. We also post a Flat price deck. The price decks supplied by the evaluators are converted to *.xml format.
Users of these price files are asked to recognize the high degree of uncertainty associated with forecasting oil and gas prices. As we did not create or verify the source data provided, we are not liable for any errors, omissions, or inaccuracies in the numbers provided on this site. In addition, we take no responsibility for the application of the price decks provided.
The prices indicated by the third-party consulting firms are provided for information only. Neither Quorum nor the consulting firms take any responsibility for the application or use of these price decks. Use of these price decks and the forecasts resulting from them is performed solely at the users' own risk, liability and discretion.
To import a price deck
- Download the price deck here and save it to your local disk or a network drive, or request the path to the price file from your Value Navigator Administrator.
- From the File > Import menu, select File…
- In the Import dialog box, select Import from an existing file, then click the ellipsis in the File field.
- Browse to the .xml price file you want to import and click Open.
- Click Next to display the data that will be imported.
- If asked to upgrade the xml file, click OK.
- Click Finish to import the price deck(s).
- Once your price deck has been imported, it needs to be activated to see the prices in Value Navigator.
To activate a price deck
- Open the Price Deck Editor from Tools > Global Project Data > Price Decks or by clicking Edit Price Decks on Economics | Prices & Costs | Prices.
- Select a price deck from the Select Price Deck list at the top left of the Price Deck Editor window.
- Click Make Active to enable the price deck, then click OK to close the Price Deck Editor.