Pricing

Serafim FUTURES will always be a good deal for you, because its cost will never be more than 50% of your direct savings.

The pricing of FUTURES is aimed to deliver a win-win situation for our customers and Serafim. We recognise that nobody benefits if software pricing limits the number of concurrent users and engineers need to ask their colleagues to free up a licence. Hence, FUTURES is generally sold under a group (corporate or business unit) licence, with no limit on the number of users. 

There are three levels of functionality available

  • Ultimate - full functionality, as used by most oil company customers
  • Basic - Priced at 50% of Ultimate, this is suitable when your requirements do not include pressure, risk or incremental sales calculations
  • Free - this licence is free of charge, but is limited to FUTURES models with 25 or fewer wells.

Our current (October 2024) list prices for Ultimate licences are as follows

  • Purchase of a perpetual Group licence (unlimited users) is in proportion to (operated + equity share of non-operated) production - USD $220,000 for a company producing 100,000 boe/day
  • Purchase of a perpetual Individual licence is USD $50,000
  • Purchase of a Multiple-Individual licence is USD $40,000 per named user (subject to a minimum of five named users)
  • Leasing per annum (as an alternative to purchase; includes support) is 35% of the relevant purchase price
  • Support per annum is 15% of the current relevant purchase price

As stated above, "Basic" licence prices are 50% of the corresponding "Ultimate" prices, while the "Free" licence is free of charge.

These prices could be discounted if appropriate, in line with the following principles

  • The list prices are for full use of FUTURES. If the company used FUTURES only occasionally (e.g. to work with FUTURES models and data from a partner company), then the purchase/lease and support prices would be discounted
  • The list prices are based on the assumption that the direct benefits of using FUTURES would be at least double the costs. If not, then the purchase/lease prices would be discounted.