A technique for centralized processing of oilfield or waterfield engineering data for design and analysis from distributed locations is disclosed. In one aspect, the invention includes a method comprising: acquiring a plurality of oilfield or waterfield data; establishing a communications link between a client computing device to a server computing device; inputting data from the client computing device to the server computing device; processing the data at the server computing device; and communicating the results to the client computing device. In a second aspect, the invention includes a computing system, comprising: a client computing device; a server computing device interconnected with the client computing device; and an analysis tool resident on the server. The analysis tool includes a calculation engine capable of analyzing the data entered from the client computing device; and a plurality of program utilities for use by the calculation engine in analyzing the data.
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