Oil & Gas Training
and Competency Development

Discipline Economics and Finance
Duration2 Days
Delivery Mechanism Classroom
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Merak VOLTS Reserves Management Fundamentals

Merak* VOLTS volume tracking and reporting software gives you the flexibility to manage your reserves the way you want, while providing the data integrity and security that your business demands. Merak VOLTS software manages your worldwide reserves and resources information and facilitates analysis of corporate value. You gain an overview of technical volumes, which are based on analytical estimation methods and technical reservoir parameters.

  • Topics
  • Audience
  • Prerequisites
  • Topics

    • Calculate the value of your corporate reserves and resources
    • Update production data and forecasts quickly
    • Watch the progression of reservoirs to accurately predict future production
    • Meet reporting regulation requirements
    • Review terminology
    • Create reservoirs
    • Enter technical volumes and lease information
    • Link a well for historical production using the Merak Decline or Merak VOLTS Link tool
    • Understand change records
    • Understand change record approval
    • Learn batch processes (creating reservoirs, reporting, balancing)
    • Search and filter reservoirs
    • Report reserves and resources
    • Explore scenarios
  • Audience

    Anyone who needs to develop or improve their skills and understanding of Merak VOLTS software for reserves tracking and reporting

  • Prerequisites

    An interest in managing or tracking reserves bookings

  • Prerequisites

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