The present invention provides a system and method capable of facilitating the efficient analysis of oilfield data utilizing at least one computer database containing a plurality of stored petroleum engineering operations. In one embodiment, stored petroleum engineering operations may include individual petroleum engineering tasks/calculations, workflows comprising multiple engineering tasks/calculations, and/or third party applications capable of analyzing at least a portion of collected oilfield data. In one embodiment, petroleum engineering operations may be proven in the field, i.e., tested and proven to be accurate under real-world oilfield conditions, prior to storage upon the database. In one embodiment, the present invention provides a graphic user interface adapted to receive customer data and identify stored engineering operations associated thereto. Identified engineering operations stored upon the database may then be displayed and executed according to user instructions and/or predefined execution arrangements.