Merak VOLTS

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