Aucerna Val Nav Description
Val Nav™ is an all-in-one software solution designed for decline curve analysis, petroleum economics, and reserves management. This scalable and comprehensive system features an innovative auto-forecasting algorithm and a robust economics engine, making it a complete reserves estimation and evaluation tool. With Val Nav™, users can conduct decline curve analysis, type curve analysis, analog forecasting, cross-plots, and statistical evaluations, as well as gas material balance and volumetric analysis, all from one platform. Its advanced type curve analysis draws on the expertise of a leading specialist in the field, enabling engineers to perform all necessary calculations without the hassle of exporting data to spreadsheets. The software allows users to quickly define scenarios without the need to recreate cases, streamlining economic comparisons and significantly cutting down turnaround time by up to 90%. Furthermore, Val Nav™ is a truly global solution, accommodating multiple currencies and offering an extensive library of over 75 fiscal regimes to enhance its versatility for various markets. This ensures that users can effectively manage their petroleum resources on an international scale.
Aucerna Val Nav Alternatives
Borealis
All stakeholder engagement activities can be managed from one platform. Additional modules can be added to strengthen governance, environment, and social areas. Borealis' Stakeholder Engagement module gives you the tools to create more effective engagement plans, strengthen relationships with stakeholders, and align processes with industry best practice. To simplify your day, the Stakeholder Engagement module centralizes all stakeholder information and makes it easily accessible.
Build stakeholder trust with a proven methodology
Plan
Connect engagement strategy to execution. The mapping tool in Borealis makes it easy to analyze stakeholders to prioritize the allocation of resources.
Engage
Communicate with stakeholders in a more relevant and timely manner. Borealis uses AI-driven machine learning to keep records clean and up-to-date.
Measure
Prove compliance with ever-evolving standards. Borealis lets you easily track and progress, generate reports and documentation, and demonstrate the impacts of your efforts.
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Inspectivity
Inspectivity allows you to plan, assign, schedule and record inspections of critical assets. Digital inspection reports that are customized and digitally generated provide a uniform approach to inspection with full audit records of all activities. The guided process provides control and integrity to aid in automation assessment and decision-making. You can quickly identify non-compliant assets with all the features you need to manage issues, corrective steps, and history. You can record non-compliances and take and annotate photos. You can also mark-up drawings and leverage RFID and barcode technologies. You can access asset history and information on the move. You can speed up inspections by capturing field data in cloud for desktop collaboration. Find cost savings opportunities and powerful automation using embedded asset intelligence in the inspection platform.
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R3
We empower various operators, such as banks, consultants, national oil companies, and government entities, to effectively and accurately oversee their assets with ease. With R3’s premier suite of decline curve tools, you can effortlessly calculate your reservoir volumes and produce precise production forecasts. Our Monte Carlo probabilistic simulator allows you to assess risks associated with your development strategies and enhance cash flow through stochastic analysis. Seamlessly create structured reports tailored for SEC, PRMS, governmental requirements, or your unique specifications. Our advanced decline curve analysis tools are accompanied by thoughtful features like shortcut keys and customizable templates, significantly improving our users' evaluation productivity. You can also generate trustworthy and adaptable Reserves Reports alongside Interactive Visual Analytics Storyboards. Additionally, R3 Economics serves as the foundational element of our modular system, offering unparalleled versatility for various operational needs. This comprehensive approach ensures that all users can maximize their asset management efficiency.
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PHDWin
PHDWin is a comprehensive and fully integrated software solution tailored for the oil and gas sector, developed by petroleum engineers. This package facilitates the management, organization, and assessment of reserves and economic factors in a streamlined manner. Set to debut in Fall 2020, the next iteration known as Version 3 empowers users with enhanced capabilities. The customizable user interface allows teams and managers to design and share personalized views, significantly improving workflow efficiency. Moreover, any modifications made trigger immediate recalculations, ensuring that the display is always up-to-date. The anticipation surrounding PHDwin V3 within the oil and gas industry is well-founded, as it promises unmatched calculation speeds and an expansive database capacity. It also includes practical engineering tools and advanced economic calculations, all within a user-friendly interface. With the introduction of PHDwin V3, users can expect to enhance their reserves management through more effective economic evaluations, ultimately leading to improved business outcomes. This new version stands as a testament to the industry's need for innovative solutions that drive efficiency and accuracy.
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Integrations
No Integrations at this time
Company Details
Company:
Aucerna
Year Founded:
2005
Headquarters:
Canada
Website:
aucerna.com/software/valnav/
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Webinars
In Person
Training Videos
Customer Support
Business Hours
Online Support
Aucerna Val Nav Features and Options
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