OIL AND GAS
Reserves Database QC
Oil and Gas ARIES Data QC and Run Dashboards
Access ARIES data quicker and more effectively.
ARIES users know all about its limitations on visualization and automated reporting, making it difficult to get to the information you need. Based on decades of reservoir engineering expertise and hundreds of hours of development time, Velocity Insight has developed an ARIES QC dashboard that uses Microsoft Power BI to make visualizing and QC’ing the most important back-end data quick and easy.
Use custom reports to visualize and QC the most important ARIES data.
Our tool empowers you to make better, more informed decisions, and there are no recurring costs or contracts. Use it as is, or customize it for your own reporting.
Click through the report to try it out.
How does it work?
And why do I need it?
VISUAL AND AUTOMATED
The Velocity Insight ARIES QC dashboard template includes several automated reports that save time in database QC during reserves cycles or A&D evaluations. It de-risks valuation processes by automating database checks and visualizing key inputs and outputs.
INCREASE ACCURACY, SAVE TIME
Increase accuracy in reserves reporting, save staff time by automatically calculating and formatting key outputs, and call attention to assumptions made in external databases being reviewed for A&D. De-risk when you are under time and pressure constraints, and make sure your internal reserves database is free from common errors
Benefits
Quickly connect to your ARIES data source, whether Access or SQL backed
Present KPI’s about your most recent ARIES run, including realized commodity prices, CAPEX, OPEX, PUD status, interests, taxes, EURs, & Midstream outputs
Allow easy filtering/slicing of your data by pad, field, county, or any other property table metric
Serve as a template that can be easily tailored to your specific company or use case
Eliminate manual QC checks
Many companies manually do the same process over and over again every quarter to figure out if there are any mistakes in the ARIES data. Velocity Insight’s dashboard helps streamline that process by checking for errors and mistakes in the data. The dashboard also brings the most interesting information to the forefront, helping make your existing ARIES data more useful.
Oil and gas CAPEX Data QC
Take the next step
01.
LET’S TALK
We’ll start by talking about your company needs and existing software.
02.
CUSTOMIZE
Then we’ll customize our CAPEX data QC template based on your price range and needs.
03.
SUPPORT
Finally, VI helps you connect to your data and trains you to use the tool.
About Velocity Insight
Velocity Insight is a full-stack, full-function data management and analytics consulting firm. We’re not a software company – we help you get the most out of the tools you already pay for.
We combine three things to enable durable data transformations with our clients: deep O&G expertise, state-of-the-art tools, and real-world experience. With hard-earned oil and gas industry knowledge and experience digging in and implementing better processes, we have the trophies (and scars) to successfully meet our clients where they are.
Pricing
Since every company has its own nuances, we charge a low fixed fee for the template, then work with you to configure the template to your system. Fixed fees range from $20k to $100k based on company size, plus Time and Materials to customize for your environment. Reach out to start building a Scope of Work and get a full cost estimate!
Contact us today to start customizing a sample lease operating statement to fit your needs.
Learn more about working with templates through Velocity Insight.
