The Exploration Discipline Challenge
Exploration leaders require greater transparency, accountability, and confidence in exploration investment decisions.
Appra enables governed and auditable exploration decision-making, helping companies align portfolio decisions with corporate strategy and capital discipline.
Technical users capture multi-disciplinary technical, economic, risk and resource intelligence in one place, document key decisions, and track assurance milestones.
Exploration leaders rank opportunities across regions or assets, preserve decision assumptions, and maintain clear oversight to ensure efforts align with strategy.
All opportunities are tracked in a centralized structured system for complete visibility across regions, basins or assets.
Configure your business processes, stage gates and assurance processes to reflect your business and strategy.
Control versions of risk and resource assessments and eliminate duplicate data.
Prospects reach drill decisions only after meeting consistent, company-defined evaluation standards.
Upload key decision documents from assurance, peer reviews and economic evaluations.
Identify stale opportunities, misalignments between effort and strategy, and shelve opportunities that don’t meet risk profiles while retaining an audit trail.
Evaluate opportunities consistently across the portfolio using comparable metrics.
Rank prospects objectively and balance risk and reward across the portfolio.
Allocate exploration capital to the highest value opportunities based on your company’s strategy and risk profile.
Compare pre-drill predictions with actual outcomes for feedback and critical learning.
Measurably improve forecast accuracy and prediction models over time.
Appra has exceeded my expectations ... And helped us achieve a key part of our journey to digital transformation
One of Appra's strengths is being able to customize the product to the customer, rather than the customer having to adjust their processes to be able to use the product. We did not want to have to change the way we work just to adapt to a product.
The efficiencies we’re gaining can’t be overstated. Senior management asks for this stuff all the time. What do our resources look like? What do we own? What is it worth? It used to take 20-30 people three months to answer that. With APPRA we know in five minutes. We can make decisions in a day.
Track exploration decisions with confidence
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