Case Study: Velvet Energy Ltd. achieves faster, more credible asset planning with Aucerna Enersight and Val Nav

Velvet Energy LTD. Combines EnersightTM With Val NavTM for Robust Asset Planning and Increased Investor Reporting Confidence

Velvet Energy Ltd., a full-cycle exploration and production company in Alberta, was managing forecasting and budget runs with a mix of Val Nav™ and spreadsheets. As their drilling success expanded their development plans and investors demanded greater due diligence, they needed a more adaptable planning tool. They turned to Aucerna’s Enersight™ and Val Nav™ to handle more complex scenario analysis and improve reporting confidence.

Aucerna implemented an integrated Enersight and Val Nav solution that replaced manual, Excel-heavy workflows with faster, more robust asset planning and node-by-node reconciliation to Velvet’s existing models. The result was quicker forecast production, tighter monthly review cycles, faster variance analysis, improved cross-discipline communication, and stronger credibility with lenders, advisors, and investors. Velvet reported that multiple scenarios could now be run in a fraction of the time it previously took.

Velvet Energy Ltd

Lee Marchuk

Manager Corporate Planning