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What is pForecast?

pForecast is a cloud-based service crafted to digitize, streamline, and standardize the creation and application of production forecasts. By seamlessly integrating data from subsurface tools such as Eclipse and ResX, it provides regular updates that significantly improve workflow efficiency. This innovative platform fosters a consistent operational approach, enabling in-depth analysis of assets and supplying management with detailed “corporate roll-up” reports. Furthermore, pForecast allows for last-minute adjustments, helping to conserve valuable time as deadlines for reporting draw near. Its semi-automated capabilities drastically lessen the time and energy needed for annual RNB reporting, thereby optimizing the entire process for users. As you adopt pForecast, you will not only embrace the future of production forecasting but also open the door to unprecedented levels of operational efficiency and productivity. With these advantages, organizations can confidently navigate the complexities of production forecasting and drive better decision-making.

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

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

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

pForecast

Company Location

Norway

Company Website

pforecast.com

Company Facts

Organization Name

Aucerna

Date Founded

2005

Company Location

Canada

Company Website

aucerna.com/software/valnav/

Categories and Features

Oil and Gas

Not specified

Categories and Features

Oil and Gas

Not specified

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