A Year in the Life of an Integrated Asset Planning Team

By attending this webinar, you will learn how to utilize integrated planning techniques to streamline your asset workflows in order to make better decisions. Using a standard planning cycle, we will follow an opportunity from the initial inception to the approved planning phase. From there we will carry out our plan through the budgeting and forecasting stages right to the final execution. Diego will showcase how to harness technology and Aucerna’s integrated solution stack to optimize the process from start to finish.

By simulating the pass of time starting in Val Nav, Diego will forecast well production and type curves to be used in the field development planning process. Using the profiles created, we will investigate the development alternatives and scenarios associated in Enersight. From the generated development strategies and their associated tradeoffs, we’ll select alternatives for corporate submission. Once the selection from corporate is notified, the selected plan is transferred back to Val Nav to manage the reserve process and to Aucerna Execute for operational planning and capital management.

What will you learn?

• How to use Val Nav to manage technical volume forecasting.
• How to use Val Nav to create and evaluate type curves.
• How to then use the volumes and type curves from Val Nav as inputs to the asset development process in Enersight.
• The process to create and compare asset development alternatives in Enersight.
• Using the selected plan, we will simulate the execution from an operational and capital perspective.