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.