Case Study: OMV achieves better E&P decision-making with Aucerna PetroVR

How one of the world’s largest energy companies embraced modern technology for improved decision making.

OMV, Austria’s largest energy company, wanted to improve the quality and completeness of its E&P hydrocarbon maturation process and make better, more data-driven investment decisions. To do this, OMV looked for a solution that could connect technical disciplines, support probabilistic evaluation of risks and uncertainties, and integrate with Aucerna’s PlanningSpace™ cloud planning platform.

Aucerna implemented PetroVR, a full-cycle asset exploration and development simulation system, to help OMV evaluate multiple development scenarios, compare trade-offs, and standardize analysis across assets. The solution improved decision-making with Monte Carlo functionality, simulation and optimization, and native PlanningSpace™ integration, helping OMV build more maintainable models and gain greater portfolio-level insight while supporting its goal of becoming a truly data-driven company.

OMV

Gerald Antes

Senior Development Manager