Case Study: Major Canadian Oil and Gas Company achieves faster well forecasting and economic evaluation with Aucerna Val Nav

Major Canadian Venture’s Group Uses Val Nav™ for Well Forecasting and Economic Evaluation

A major Canadian Oil and Gas Company’s New Ventures Group needed a faster, more accurate way to perform well performance characterization and asset valuation. Using Excel and third-party tools made it difficult to produce timely, value-adding analysis for business development work, especially with large datasets and tight turnaround requirements. The group evaluated several vendors before choosing Aucerna’s Val Nav™.

Aucerna implemented Val Nav™ as a fully integrated well performance analysis, decline curve analysis, and economic evaluation solution. The platform enabled fast auto-forecasting, rapid type curve generation, and better collaboration with geoscientists, helping the team assess opportunities more quickly and screen assets more effectively. After deployment, other teams in the company also began using Val Nav for base production forecasting and business planning.