Reserves Tracking & Reserves Reporting Software
Achieve new levels of confidence in your reserves tracking and reporting processes. When reserves numbers are as heavily scrutinized as they are today, Merak VOLTS can provide a significant step toward a fully secure and auditable reserves tracking process. Merak VOLTS is implemented in more than 40 oil and gas companies across six continents.
Meeting reserves reporting challenges
- Generate reports needed for year-end disclosures more efficiently.
- Create EIA23, NI-51-101, and other regulatory reports.
- Support your unconventional reserves reporting requirements.
- Generate ad hoc reports to monitor your reserves.
- Use your preferred reporting software against the VOLTS data for further reporting.
Consistent and reliable reserve tracking
- Track and approve changes for improved transparency in reserves reporting and auditing.
- Create archives and snapshots to show reserve history and track performance against key indicators.
- Track changes to project values and well as volumes.
Security and integrity
- Establish a multilevel approval process to ensure that changes to reserves data are approved and managed consistently.
- Control data access to limit what users need to see and are allowed to change.
Improved business process performance
- Give engineers and managers easy access to a common reserves management system.
- Pull reserves data and forecasts from multiple sources within your organization.
- Implement and update reserves reporting in line with your corporate structure.