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What is R3?

We provide support to a range of operators, including banks, consultants, national oil companies, and government organizations, enabling them to manage their assets effectively and accurately. Utilizing R3's top-tier decline curve tools, you can easily compute reservoir volumes and generate reliable production forecasts. Our Monte Carlo probabilistic simulator is designed to help you evaluate risks tied to your development strategies while enhancing cash flow through stochastic analysis. You can also effortlessly craft structured reports that meet SEC, PRMS, governmental standards, or your specific requirements. Our sophisticated decline curve analysis tools come with user-friendly features, such as shortcut keys and customizable templates, which greatly boost evaluation productivity for our clients. Furthermore, you can produce credible and flexible Reserves Reports along with Interactive Visual Analytics Storyboards to enhance your presentations. Additionally, R3 Economics acts as the core component of our modular system, providing unmatched adaptability for different operational demands. This holistic strategy guarantees that all users can optimize their asset management practices for maximum efficiency, ultimately leading to better decision-making and improved outcomes.

What is Aucerna Val Nav?

Val Nav™ 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 Nav™ 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 Nav™ 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 Nav™ represents a significant advancement in the tools available for those working in the field of petroleum economics.

Media

Media

Integrations Supported

Real Review Response

Integrations Supported

Real Review Response

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour 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

OGRE Systems

Company Website

www.ogresystems.com

Company Facts

Organization Name

Aucerna

Date Founded

2005

Company Location

Canada

Company Website

aucerna.com/software/valnav/

Categories and Features

Oil and Gas

Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management

Categories and Features

Oil and Gas

Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management

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