Press Release (ePRNews.com) - CALGARY, Alberta - Nov 16, 2017 - 3esi-Enersight, the energy industry’s most trusted provider of solutions for integrated strategy, planning and reserves, today announced it has released its latest version of Val Nav™ 2017, the oil and gas industry’s most powerful technical reserves and economics software.
Built by engineers, for engineers, Val Nav™ is a completely integrated reserves management solution that unifies company data and simplifies engineering workflows for decline analysis, forecasting, economics, reserves management and opportunity analysis. It features ground-breaking functionality such as automated reserves reconciliation and automated declines.
Val Nav™ 2017 v2 will deliver even faster performance to the hundreds of customers who rely on the software today for fully integrated evaluation, forecasting and reserves management. “Our customers have the highest expectations for the quality of our software and the speed of our economic calculations,” said Cameron Zawalykut, product manager for Val Nav™. “We made speed a key focus for Val Nav™ 2017 v2, and have delivered on our goals with calculations that in some cases are up to 75% faster than previous benchmarks.”
Our customers have the highest expectations for the quality of our software and the speed of our economic calculations. We made speed a key focus for Val Nav™ 2017 v2, and have delivered on our goals with calculations that in some cases are up to 75% faster than previous benchmarks.
Along with these significant speed improvements, 3esi-Enersight has included a number of other customer-driven enhancements in its latest version of the software, including enhanced royalty reporting, secondary product forecasting and more. These enhancements build on Val Nav’s market-leading capabilities, designed to reduce wasted engineer time and let teams focus on more in-depth analysis of large data sets, and trends in the data.
Val Nav’s Type Curve Analysis tools are unlike any other, applying the peer-reviewed research of some of the world’s foremost experts. Val Nav™ allows you to perform decline analysis, type curve analysis, Analog Forecasting, cross-plots, gas material balance and volumetric analysis, all within one tool, avoiding known errors and incorporating thousands of wells – all with no need to export to spreadsheets.
Other features of Val Nav™ 2017 include:
- Intelligent and accurate assisted forecasting
- Versatile royalties, interests and incentives
- Monte Carlo probability based type wells
- Secure and consistent reserves management tools
- Flexible and customizable reporting for internal and external audiences
- And more.
Watch a short video about Val Nav™ 2017 or request a free trial of the software to experience the industry’s most complete engineering and reserves solution for yourself.
For more information, please contact:
Jeremy Greene – VP Marketing
Or Visit www.3esi-Enersight.com