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PetroVR 2021 Release Announcement

PetroVR 2021 Release Announcement

Connected Workflows Reduce Decision Making Time and Improve Reporting Outcome Quality

Supporting data-driven decisions is key to success in the modern digital era. Providing meaningful data that can support those decisions is the difference between profitable leaps forward and taking less favorable actions. Compartmentalized workflows between teams no longer cut it especially in the modern era of the energy industry that relies on greater collaboration between asset and corporate planning teams. Ad-hoc spreadsheets prevent efficient data communication and roll ups to management that depend on reliable data. For this release, we worked tirelessly to promote connecting separated teams and eliminating inaccurate data points by creating data connections in our modern energy ecosystem.

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PetroVR 2021 Highlights

The 2021 release addresses major development milestones. PetroVR 2021 allows companies to breakdown artificial barriers between teams that can manifest as inaccurate data points, out of date spreadsheets or simply a lack of sharing between departments. Improved Connections between Aucerna PetroVR and Aucerna Economics bring full fidelity financial calculations to light for improved accuracy and time to decision value. Furthering the power of this connection is the new ability to batch publish all scenarios simultaneously to Aucerna Dataflow. As a result of these new capabilities teams can share economic data for the most accurate depiction of reality and decrease the time between asking and answering the questions.

PetroVR 2021 adds the ability to import wells and their details created in Val Nav including multi-segment declines to streamline populating and updating your model. Added functionality of merging information from each of these tools across PetroVR prevents errors and saves time exponentially.

Complex model handling has been completely transformed in PetroVR 2021. New in this release comes the ability to run several scenarios simultaneously. Enabling teams to perform complex modeling concurrently by processing in parallel utilizing all the CPU cores of your machine rather than individually evaluating each scenario sequentially. Your teams can also manage multiple projects and continue their input & analysis processes whilst another project is being evaluated for greater flexibility to perform pending work and focus on analysis.  Contact your Aucerna Representative to access the latest module and obtain the updated licensing required for this new functionality.

Save time when running economic sensitivities on your projects with improved Result Save Files, enabling you to immediately evaluate economic adjustments on project open, without having to re-evaluate the production simulation.

Too many enhancements to list them all. We’ve made over 130 of them in fact for this release to make your experience better. Check out the latest version to access them all. If you have any questions, reach out to us by email at any time.

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