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What is FUTURE?

FUTURE® emerges as the pioneering adaptable forecasting system for global oil and gas production. This cutting-edge platform is capable of performing comprehensive integrated asset model calculations for large-scale systems in just a few minutes, leveraging daily time-steps that are critical for making short-term predictions. By integrating various overlapping software tools—including the DCA application, IAM software, business planning spreadsheets, and STPF systems—FUTURE® delivers a cohesive solution. Users are empowered to handle all forecasting-related activities through a singular interface, which covers long-term forecasting for business planning and reserves, medium-term forecasting for development strategies and resolving bottlenecks, as well as short-term forecasting vital for production operations. The efficiency gained from this streamlined approach not only simplifies the forecasting process but also reduces the complications that often arise from using multiple distinct software systems. As a result, organizations can achieve more precise predictions and enhance decision-making across various operational levels.

What is Aucerna Val Nav?

Val Navâ„¢ serves as an all-encompassing software solution tailored for decline curve analysis, petroleum economics, and reserves management. This adaptable platform provides a holistic approach to estimating and evaluating reserves, boasting an innovative auto-forecasting algorithm paired with a powerful economics engine. Users of Val Navâ„¢ can effortlessly manage decline curve analysis, type curve evaluation, analog forecasting, cross-plots, statistical evaluations, gas material balance, and volumetric assessments all in one unified system. Its sophisticated type curve analysis is based on insights from a top expert in the field, allowing engineers to perform all essential calculations without the need to export data to external spreadsheets. The software enables professionals to efficiently create various scenarios without the cumbersome task of reconstructing cases, which facilitates straightforward economic comparisons that could reduce turnaround times by as much as 90%. Furthermore, Val Navâ„¢ is crafted to be a truly global solution, accommodating multiple currencies and incorporating an extensive library of over 75 fiscal regimes for diverse applications across different markets. This comprehensive functionality not only enhances workflow efficiency for petroleum industry professionals but also empowers them to make informed decisions rapidly. As such, Val Navâ„¢ represents a significant advancement in the tools available for those working in the field of petroleum economics.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Serafim

Company Website

www.serafimltd.com

Company Facts

Organization Name

Aucerna

Date Founded

2005

Company Location

Canada

Company Website

aucerna.com/software/valnav/

Categories and Features

Oil and Gas

Resource Management
Scheduling

Categories and Features

Oil and Gas

Not specified

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