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What is MFrac Suite?

MFrac Suite software provides a robust platform for users to devise and implement successful well stimulation tactics across both conventional and unconventional resources, which ultimately boosts production and extends the lifespan of wells. By optimizing the planning workflow and integrating real-time insights on minifracs, hydraulic fracturing methods, well performance metrics, and economic evaluations, users can rely on their treatment strategies and produce more precise reserve predictions. This hydraulic fracturing design and analysis tool is instrumental in identifying the most productive zones, determining the best fracture treatments, and monitoring the stimulation of reservoirs in real time. Since its launch, the software has been a vital resource for engineers involved in frac modeling, marking a substantial leap in both efficiency and functionality. This upgrade in capability is especially advantageous for experts focused on unconventional well planning, stimulation modeling, frac execution, and making economically driven production forecasts. Furthermore, MFrac Suite enables users to make well-informed decisions that can greatly influence their operations and overall profitability, thereby positioning them for greater success in a competitive market. In conclusion, the software not only enhances operational efficacy but also fosters innovative approaches to resource management in the oil and gas industry.

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

$240 per month

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

Baker Hughes

Company Location

United States

Company Website

www.shopbakerhughes.com/product/10534795/MFrac%20Suite

Company Facts

Organization Name

Aucerna

Date Founded

2005

Company Location

Canada

Company Website

aucerna.com/software/valnav/

Categories and Features

Geology and Seismic

Not specified

Categories and Features

Oil and Gas

Not specified

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