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What is Field Development Planning?

The rapidly evolving nature of market dynamics, combined with the rise of remote work and increasing financial pressures, requires operators to adapt more quickly than ever before. Aucerna's Field Development Planning software provides essential tools for planners, engineers, and economists, enabling them to make well-informed decisions that align with asset goals. By offering a comprehensive, integrated platform, your teams can efficiently develop schedules, track ongoing operations, and quickly adjust to changing field conditions. Recognizing how modifications to schedules influence production start dates and output levels enables you to retain confidence in your production timelines and forecasts. Aucerna's cutting-edge solution features sophisticated modeling software for field development, along with powerful simulation and optimization tools that aid teams in evaluating the economic repercussions of various elements, including reservoir size, facility needs, capacity, and rig scheduling. Additionally, this platform guarantees that all interdisciplinary teams—spanning reservoir, marketing, production, and finance—have coordinated access to development strategies, current estimates, budgets, and consolidated reports, thereby promoting collaboration and boosting operational efficiency. Such a high degree of integration and accessibility not only enhances communication but also significantly improves decision-making processes throughout the organization. The result is a more agile response to market conditions and a stronger alignment of resources towards achieving strategic objectives.

What is Aucerna Previso?

Aucerna Previso empowers teams to efficiently model the intricate system of extraction, production, and distribution that encompasses various reservoirs, wells, subsea pipelines, compressors, and separators until the products reach consumers. This software offers operators a robust solution for forecasting and modeling production. The forecasts produced are aligned with market dynamics, enabling detailed production tracking at the component level and facilitating back-allocations through processing plants, pipelines, compressors, wells, and ultimately to each reservoir. Moreover, Aucerna Previso is capable of quickly and accurately adapting to historical data, predicting production profiles, and managing subsurface uncertainty by generating numerous scenarios essential for effective production planning across short, medium, and long-term horizons. In addition, Previso features advanced optimization algorithms specifically tailored for the industry that utilize intelligent block matrix techniques to improve linear programming, resulting in significantly faster solution convergence. The extensive functionalities of this software make it an indispensable tool for operators aiming to refine their production workflows and enhance overall efficiency, ensuring that they stay competitive in a rapidly evolving market.

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

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Aucerna

Date Founded

2005

Company Location

Canada

Company Website

aucerna.com/workflow/field-development-planning/

Company Facts

Organization Name

Aucerna

Date Founded

2005

Company Location

Canada

Company Website

aucerna.com/software/aucerna-previso/

Categories and Features

Oil and Gas

Scheduling

Categories and Features

Oil and Gas

Not specified

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