Value Navigator® (Val Nav) is a fully integrated, scalable and complete evaluation system with a unique auto-forecasting algorithm and powerful economic engine. Manage your reserves better, pinpoint opportunities and make profitable decisions like never before.
- Manage all of your relevant corporate reserves data in one easy view
- Replaces a number of outdated point products to drive efficiency and productivity across your entire reserves lifecycle
- Efficiently evaluate assets with speed and reliability
- Efficiently facilitate corporate and regulatory compliance
- Reduce risk and provide more accurate forecasts
- Make engineering easier with workflow-related forecasting tools
- Leverage the benefits of the reserves management system with integrated planning to gain transparency, traceability, and audibility from technical evaluation through corporate planning to reserves reporting
Fast, accurate auto-forecasting – Decline, Material Balance, and Volumetric
- Forecasting with Val Nav is fast and versatile, allowing you more in-depth analysis of large data sets and trends in the data.
Economic Analysis – Before and After Tax Economics
- Simultaneously compare multiple scenarios and assess break-even potentials for your wells.
Reporting – Open database structure
- Reporting is flexible and customizable to collate the results for various audiences and corporate requirements. Easily generate 100’s of reports, including economic, technical, risk, reserves, and more. Val Nav ensures transparency across departments by making it easy to send reliable and customizable reserves reports to different hierarchy levels.
Reserves Management – Helps you ensure NI 51-101 and SOX compliance
- Val Nav provides secure and consistent reserves management tools to efficiently facilitate corporate and regulatory compliance. Easily track, review, and approve reserves changes by well, generate variance reports at any level detail, and graphically view change.
Budgeting – Production and Cash Flow
- Link reserves and production forecasts to budgets and cash flow.
Risk Analysis – Type Wells, Cross Plots, Program Analysis
- Perform risk analysis scenarios – from simple to complex – that enable you to fully understand comparative risk between projects.
- Evaluate project sensitivity to: Price, Costs, COS, Inflation, Interest.
- Generate scenario graphs such as: Economic Parameters vs. COS, Scenario comparison. and Before & After Tax.
- Configure views for all kinds of data areas and pivot them.
- Build, update, and manage complex data structures.
- Monitor peak license use with more efficient use of licenses.
- Manage waterfloods better and more intuitively.
- Perform Decline curve analysis, type curve analysis, analog forecasting, cross-plots, gas material balance, and volumetric analysis with one tool
- Assisted Forecasting lets you rapidly assess economic potential under various scenarios
- Model multi-segment declines
- Build custom graphs
- View cross plot report of log-normal probabilities
- Spreadsheet import
- Advanced data management tools to display all relevant data in a single view
- Choose the level of security and hierarchy access for each user
- Review and approve reserves changes by well; scroll through wells at a customizable pace at a click of a play button, flag wells for a closer look, and graphically view change