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Aucerna

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uuid000b2sn

Namestring
Aucerna
Legal namestring
Quorum Business Solutions, Inc.
Websiteurl
aucerna.com
Company typeenum
Private
Founded yearint
2005
Descriptiontext

Aucerna, founded in 2005 and headquartered in Calgary, Canada, is an energy industry software provider specializing in integrated planning, execution, and reserves workflows. The company has been acquired by Quorum Software (Quorum Business Solutions, Inc.) and now operates as the Planning, Economics and Reserves division within the Quorum Software Group of Companies, rebranded from its former independent identity. Aucerna's product suite targets upstream, midstream, measurement, and renewable energy companies, delivering cloud-based solutions for production planning and forecasting, reserves estimation, capital management, well delivery planning, asset development simulation, and reservoir-to-market system modeling.

The product architecture is a platform-plus-modules design centered on Planning Space, an integrated cloud-based Planning, Economics and Financials solution, and supplemented by specialized products: Val Nav (economics and reserves), Enersight (field development modeling), Execute Suite/AFE Navigator (capital management and well delivery planning), PetroVR (full-cycle asset exploration and development simulation), and Previso (integrated extraction, production, and distribution modeling). Aucerna built much of this portfolio through acquisition, having acquired Energy Navigator (2017), Aclaro Softworks (2017), Micotan (2019), and Previso (2020). The technology is purpose-built for enterprise energy workflows, with quote-based pricing and a sales-assisted "Request a Demo" buying process.

Aucerna's go-to-market is enterprise field sales targeting the global energy ecosystem, with cloud-based subscription delivery and recurring revenue mechanics. Its products are now distributed as part of the Quorum Energy Suite across both North America and Global upstream, midstream/LNG, and measurement segments. The company employs 251-500 people and serves energy operators with mission-critical planning, economics, and reserves requirements, with no specific customer logos or revenue figures publicly disclosed.

Short descriptiontext

Aucerna, now part of Quorum Software, provides cloud-based integrated planning, economics, and reserves software for global upstream, midstream, measurement, and renewable energy companies. Its suite includes Planning Space, Val Nav, Enersight, Execute Suite, PetroVR, and Previso, delivered via enterprise subscription.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersCalgary, Canada
HQ citystring
Calgary
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
energy planning software, reserves management solutions, upstream oil and gas software, petroleum economics software, well delivery planning platform
NAICS code1 code
  • Software Publishers513210
SIC code3 codes
  • Services-Prepackaged Software7372
  • Services-Computer Programming Services7371
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Energy Planning and Reserves Software
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Software Subscriptions
TypeSubscription Recurring
Description

Cloud-based software solutions delivered as subscriptions, providing planning, economics, and reserves workflows to the global energy industry. The 'Quorum Energy Suite' suggests an integrated platform approach with multiple product modules.

quorumsoftware.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 6 records shown
1Planning Space
Description

An integrated cloud-based Planning, Economics and Financials solution for the modern energy industry.

quorumsoftware.com
+5 more records
Core offering1 text field

Aucerna provides cloud-based integrated planning, economics, and reserves software for the global energy industry. Its suite covers production planning and forecasting, asset-level field development modeling, capital and well delivery management, full-cycle asset simulation, and reservoir-to-market system modeling for upstream, midstream, and measurement operators.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Aucerna is now part of the Quorum Software Group of Companies and operates as the Planning, Economics and Reserves division within the Quorum Software portfolio. The product suite consists of a platform-plus-modules architecture built around an integrated cloud-based Planning, Economics and Financials solution called Planning Space, supplemented by specialized products including Val Nav (economics and reserves), Enersight (field development modeling), Execute Suite / AFE Navigator (capital and well delivery planning), PetroVR (asset simulation), and Previso (reservoir-to-market modeling). Together these products deliver integrated planning, economics, and reserves workflows across the global energy ecosystem.

Product and service7 records
1Planning Space
CategoryPlanning, Economics and Financials
Description

Cloud-based Planning, Economics and Financials solution for the modern energy industry, forming the core platform for unified planning workflows across upstream operators.

2Val Nav
CategoryEconomics and Reserves
Description

Economics and reserves solution enabling confidence in production planning and forecasting across upstream oil and gas assets.

3Enersight
CategoryAsset-Level Field Development Planning
Description

Asset-level planning solution helping planners, engineers, and economists make decisions with accurate data and defensible field development models.

4Execute Suite (AFE Navigator)
CategoryCapital and Well Delivery Management
Description

Capital management and well delivery planning platform that integrates budgeting, capital forecasting, capital tracking, AFE management, operational scheduling, well data lifecycle management, and readiness workflows.

5PetroVR
CategoryAsset Simulation
Description

Full-cycle asset exploration and development simulation system for understanding risks and impacts of asset development options.

6Previso
CategoryIntegrated Production System Modeling
Description

Modeling solution for the entire integrated extraction, production, and distribution system from reservoir to market.

7Aucerna Client Portal
CategoryCustomer Support Portal
Description

Client portal for Aucerna customers to access existing accounts and support resources within the Quorum Software Group of Companies.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Petrosys provides geoscience, mapping, and engineering planning software for the upstream sector, closely aligned with Aucerna's Enersight and Planning Space asset-level planning capabilities.

TypeDirect peer
Description

Enverus provides energy-focused SaaS for analytics, planning, land, and reserves management, directly competing with Aucerna's Planning Space, Val Nav, and Enersight offerings for upstream E&P customers.

TypeDirect peer
Description

P2 Energy Solutions offers upstream production, reserves, and land management software, closely overlapping with Aucerna's Val Nav, Planning Space, and Execute Suite/AFE Navigator workflows.

4KBC (Yokogawa)
TypeBroad incumbent
Description

KBC, now part of Yokogawa, delivers process simulation, energy management, and operational optimization software for the energy and process industries, with PetroVR/Previso-style simulation capabilities in an adjacent portfolio.

TypeEmerging player
Description

Energy Toolbase provides project planning and financial modeling software for solar, storage, and distributed energy projects, addressing the renewable energy planning use case Aucerna lists as a secondary segment.

TypeBroad incumbent
Description

AspenTech provides asset optimization and industrial AI software across process industries, including energy. Its optimization and digital twin capabilities overlap with Aucerna's PetroVR and Previso simulation offerings, though at a broader industrial scale.

TypeBroad incumbent
Description

SLB's DELFI E&P cloud platform competes broadly with Aucerna across planning, economics, and production workflows, backed by much larger R&D and integrated subsurface offerings.

TypeBroad incumbent
Description

Halliburton's Landmark division delivers DecisionSpace and related E&P software, competing with Aucerna across planning, economics, and reserves, with the advantage of deep integration into Halliburton's services franchise.

TypeBroad incumbent
Description

Oracle offers upstream E&P software spanning planning, economics, and operations, making it a broad incumbent competitor to Aucerna's Planning Space, Val Nav, and Execute Suite within large enterprise customers.

TypeEmerging player
Description

Ikon Science offers geoscience and reservoir engineering software, with overlap to Aucerna's subsurface and asset-level planning workflows (Enersight, PetroVR, Previso) in a more specialized niche.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Aucerna

Energy Planning and Reserves Softwareaucerna.com

Aucerna, now part of Quorum Software, provides cloud-based integrated planning, economics, and reserves software for global upstream, midstream, measurement, and renewable energy companies. Its suite includes Planning Space, Val Nav, Enersight, Execute Suite, PetroVR, and Previso, delivered via enterprise subscription.

What Aucerna does

Aucerna, founded in 2005 and headquartered in Calgary, Canada, is an energy industry software provider specializing in integrated planning, execution, and reserves workflows. The company has been acquired by Quorum Software (Quorum Business Solutions, Inc.) and now operates as the Planning, Economics and Reserves division within the Quorum Software Group of Companies, rebranded from its former independent identity. Aucerna's product suite targets upstream, midstream, measurement, and renewable energy companies, delivering cloud-based solutions for production planning and forecasting, reserves estimation, capital management, well delivery planning, asset development simulation, and reservoir-to-market system modeling.

The product architecture is a platform-plus-modules design centered on Planning Space, an integrated cloud-based Planning, Economics and Financials solution, and supplemented by specialized products: Val Nav (economics and reserves), Enersight (field development modeling), Execute Suite/AFE Navigator (capital management and well delivery planning), PetroVR (full-cycle asset exploration and development simulation), and Previso (integrated extraction, production, and distribution modeling). Aucerna built much of this portfolio through acquisition, having acquired Energy Navigator (2017), Aclaro Softworks (2017), Micotan (2019), and Previso (2020). The technology is purpose-built for enterprise energy workflows, with quote-based pricing and a sales-assisted "Request a Demo" buying process.

Aucerna's go-to-market is enterprise field sales targeting the global energy ecosystem, with cloud-based subscription delivery and recurring revenue mechanics. Its products are now distributed as part of the Quorum Energy Suite across both North America and Global upstream, midstream/LNG, and measurement segments. The company employs 251-500 people and serves energy operators with mission-critical planning, economics, and reserves requirements, with no specific customer logos or revenue figures publicly disclosed.

Aucerna firmographics

Firmographics
Name
Aucerna
Legal name
Quorum Business Solutions, Inc.
Website
https://aucerna.com
Company type
Private
Founded year
2005
Operating status
Acquired
Headcount range
251–500 employees
Short description
Aucerna, now part of Quorum Software, provides cloud-based integrated planning, economics, and reserves software for global upstream, midstream, measurement, and renewable energy companies. Its suite includes Planning Space, Val Nav, Enersight, Execute Suite, PetroVR, and Previso, delivered via enterprise subscription.
Ownership category
akta.pro rank

Where Aucerna is headquartered

Location

Headquarters

HQ city
Calgary
HQ country
Canada
HQ region
North America

Markets served

Aucerna business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Software Subscriptions: Cloud-based software solutions delivered as subscriptions, providing planning, economics, and reserves workflows to the global energy industry. The 'Quorum Energy Suite' suggests an integrated platform approach with multiple product modules.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Aucerna product offering

Product offering

Core offering

Aucerna provides cloud-based integrated planning, economics, and reserves software for the global energy industry. Its suite covers production planning and forecasting, asset-level field development modeling, capital and well delivery management, full-cycle asset simulation, and reservoir-to-market system modeling for upstream, midstream, and measurement operators.

Product overview

Aucerna is now part of the Quorum Software Group of Companies and operates as the Planning, Economics and Reserves division within the Quorum Software portfolio. The product suite consists of a platform-plus-modules architecture built around an integrated cloud-based Planning, Economics and Financials solution called Planning Space, supplemented by specialized products including Val Nav (economics and reserves), Enersight (field development modeling), Execute Suite / AFE Navigator (capital and well delivery planning), PetroVR (asset simulation), and Previso (reservoir-to-market modeling). Together these products deliver integrated planning, economics, and reserves workflows across the global energy ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

  • Planning Space: An integrated cloud-based Planning, Economics and Financials solution for the modern energy industry.
  • Val Nav
  • Enersight
  • Execute Suite (AFE Navigator)
  • PetroVR
  • Previso

Products and services

  • Planning Space Cloud-based Planning, Economics and Financials solution for the modern energy industry, forming the core platform for unified planning workflows across upstream operators.
  • Val Nav Economics and reserves solution enabling confidence in production planning and forecasting across upstream oil and gas assets.
  • Enersight Asset-level planning solution helping planners, engineers, and economists make decisions with accurate data and defensible field development models.
  • Execute Suite (AFE Navigator) Capital management and well delivery planning platform that integrates budgeting, capital forecasting, capital tracking, AFE management, operational scheduling, well data lifecycle management, and readiness workflows.
  • PetroVR Full-cycle asset exploration and development simulation system for understanding risks and impacts of asset development options.
  • Previso Modeling solution for the entire integrated extraction, production, and distribution system from reservoir to market.
  • Aucerna Client Portal Client portal for Aucerna customers to access existing accounts and support resources within the Quorum Software Group of Companies.

Companies that use Aucerna

Customer profile

Segments4 records

Ideal customer profiles3 records

Aucerna technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Aucerna partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves7 records

Expansion highlights4 records

Aucerna competitors and assessment

Company assessment

Direct peers

  • Petrosys: Petrosys provides geoscience, mapping, and engineering planning software for the upstream sector, closely aligned with Aucerna's Enersight and Planning Space asset-level planning capabilities.
  • Enverus: Enverus provides energy-focused SaaS for analytics, planning, land, and reserves management, directly competing with Aucerna's Planning Space, Val Nav, and Enersight offerings for upstream E&P customers.
  • P2 Energy Solutions: P2 Energy Solutions offers upstream production, reserves, and land management software, closely overlapping with Aucerna's Val Nav, Planning Space, and Execute Suite/AFE Navigator workflows.

Broad incumbents

  • KBC (Yokogawa): KBC, now part of Yokogawa, delivers process simulation, energy management, and operational optimization software for the energy and process industries, with PetroVR/Previso-style simulation capabilities in an adjacent portfolio.
  • Aspen Technology (Emerson): AspenTech provides asset optimization and industrial AI software across process industries, including energy. Its optimization and digital twin capabilities overlap with Aucerna's PetroVR and Previso simulation offerings, though at a broader industrial scale.
  • SLB (Schlumberger) DELFI: SLB's DELFI E&P cloud platform competes broadly with Aucerna across planning, economics, and production workflows, backed by much larger R&D and integrated subsurface offerings.
  • Halliburton Landmark: Halliburton's Landmark division delivers DecisionSpace and related E&P software, competing with Aucerna across planning, economics, and reserves, with the advantage of deep integration into Halliburton's services franchise.
  • Oracle Energy (formerly Primavera / Oracle Oil & Gas): Oracle offers upstream E&P software spanning planning, economics, and operations, making it a broad incumbent competitor to Aucerna's Planning Space, Val Nav, and Execute Suite within large enterprise customers.

Emerging players

  • Energy Toolbase: Energy Toolbase provides project planning and financial modeling software for solar, storage, and distributed energy projects, addressing the renewable energy planning use case Aucerna lists as a secondary segment.
  • Ikon Science: Ikon Science offers geoscience and reservoir engineering software, with overlap to Aucerna's subsurface and asset-level planning workflows (Enersight, PetroVR, Previso) in a more specialized niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Aucerna social profiles

Digital presence

Aucerna financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Aucerna leadership team

Management profile

Number of profiles

Profiles5 records

Aucerna funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Aucerna M&A and investment

M&A and investment

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aucerna

What does Aucerna do?

Aucerna provides cloud-based integrated planning, economics, and reserves software for the global energy industry. Its suite covers production planning and forecasting, asset-level field development modeling, capital and well delivery management, full-cycle asset simulation, and reservoir-to-market system modeling for upstream, midstream, and measurement operators.

Is Aucerna a public or private company?

Aucerna is a private company. It is classified as corporate owned and is currently acquired.

When was Aucerna founded?

Aucerna was founded in 2005. It employs 251 to 500 people.

Where is Aucerna based?

Aucerna is headquartered in Calgary, Canada, in the North America region.

How does Aucerna make money?

One revenue line is on record: software Subscriptions.

Who are Aucerna's main competitors?

Direct peers on record are Petrosys, Enverus and P2 Energy Solutions. Broad incumbents are KBC (Yokogawa), Aspen Technology (Emerson), SLB (Schlumberger) DELFI, Halliburton Landmark and Oracle Energy (formerly Primavera / Oracle Oil & Gas). Emerging players are Energy Toolbase and Ikon Science.

Does Aucerna have an API?

No public API is recorded for Aucerna.

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Live signals
PR NewswireQuorum Software e Aucerna, pertencentes à Thoma Bravo, se Fundem e Adquirem a Unidade de Software de Petróleo e Gás da TietoEVRYQuorum Software and Aucerna, both owned by Thoma Bravo, have merged to form a combined entity that has also acquired the oil and gas software unit from TietoEVRY. This transaction creates the world's largest provider of workflow software dedicated exclusively to the energy industry, serving over 1,800 clients in 55 countries. The new company will be headquartered in Houston with significant operations in Calgary and Norway.QuorumsoftwareThoma Bravo-Owned Quorum Software and Aucerna to Merge and Acquire TietoEVRY's Oil and Gas Software BusinessThoma Bravo-owned Quorum Software announced a merger with Aucerna and an agreement to acquire TietoEVRY's Oil and Gas software business, creating the world's largest software provider focused solely on the energy industry. The combined entity will serve over 1,800 customers across 55 countries, integrating complementary workflows and technologies from upstream to downstream sectors. Gene Austin will serve as CEO of the new combined company, which retains significant operational presence in Houston, Calgary, and Norway.PR NewswireAucerna Ranks on Deloitte's 2020 Technology Fast 500™Aucerna, a Calgary-based cloud solutions provider for the energy industry, has been recognized on Deloitte's 2020 Technology Fast 500™ and Enterprise Fast 15™ rankings of the fastest-growing technology companies in North America. The company credits its growth to the energy industry's increasing adoption of modern cloud technology solutions over the past decade. The 2020 Technology Fast 500 companies achieved revenue growth ranging from 175% to 106,508% during the 2016-2019 period.PR NewswireAucerna Acquires Integrated Production Modeling TrailblazersAucerna, a provider of cloud software for the energy industry, has acquired Previso, a three-year-old software company specializing in Integrated Production Modeling for oil and gas operators. Previso's software offers fast calculation engines and the ability to model the entire compositional gas value chain from wellbore to market, addressing limitations of legacy software that was slower and more complex. Aucerna plans to expand Previso's capabilities, connect it with other workflows, and make it available to a wider global audience.Thoma BravoThoma Bravo -Owned Quorum Software and Aucerna to Merge and Acquire TietoEVRY's Oil and Gas Software BusinessQuorum Software, a Thoma Bravo-owned energy software leader, announced a merger with Aucerna (also Thoma Bravo-owned) and simultaneously agreed to acquire TietoEVRY's entire Oil and Gas software business, which includes the Energy Components hydrocarbon management and DaWinci personnel and materials logistics solutions. The combined entity, operating as Quorum Software, will become the world's largest software provider focused solely on the energy industry across upstream, midstream, and downstream sectors. The new Quorum will serve more than 1,800 energy customers across 55 countries, with operations spanning North America, Latin America, Europe, the Middle East, and Asia Pacific, and will be headquartered in Houston, Texas.PR NewswireAucerna Acquires Micotan SoftwareAucerna, a Calgary-based global energy industry software provider, announced the acquisition of Micotan Software, creator of the well life cycle management tool Generwell™, effective September 10, 2019. The acquisition expands Aucerna's well delivery execution capabilities and adds Micotan's customer base of over 25 petroleum operators across North America to its portfolio. Aucerna plans to converge Generwell™ with its Aucerna Execute platform into a single cloud-based solution over the long term, while continuing to maintain and support existing Generwell™ implementations. Financial terms were not disclosed.FinSMEsAucerna Receives Investment from PE Firm Thoma BravoThoma Bravo is acquiring Aucerna, a Calgary-based energy planning and reserves solutions provider. The deal is expected to close in the first quarter of 2019, subject to customary conditions and regulatory approvals, with terms undisclosed. The investment will support Aucerna's growth through organic expansion and strategic acquisitions.PR NewswireThoma Bravo to Acquire AucernaThoma Bravo, LLC, a private equity firm, announced it has agreed to acquire Aucerna, the energy industry's leading provider of integrated planning, execution and reserves solutions. The transaction is expected to close in Q1 2019, subject to customary closing conditions and regulatory approvals, with terms not disclosed. Thoma Bravo plans to support Aucerna's continued growth both organically and through strategic acquisitions as part of the deal.PR Newswire3esi-Enersight Acquires Palantir Solutions, Combined Company Renamed Aucerna3esi-Enersight has acquired Palantir Solutions, combining the two leading energy planning software vendors into a new entity named Aucerna. The merged company aims to accelerate digital transformation in the oil and gas sector by providing integrated solutions for planning, operations, and reserves.PR Newswire3esi-Enersight fait l'acquisition de Palantir Solutions pour former une société nommée Aucerna3esi-Enersight, a leading energy industry planning software company, has acquired Palantir Solutions, creator of Palantir PlanningSpace™, to form a new international entity called Aucerna. The merged company will focus on accelerating digital transformation for oil and gas companies by offering integrated planning, operations, and reserves solutions. Palantir Solutions represents 3esi-Enersight's sixth strategic acquisition in four years, making Aucerna a global technology provider serving over 500 clients from 12 offices worldwide.