About the Webinar: Probabilistic Modelling – Asset Development Evaluation on Multi-Dimensional Goals
An expanded version of the SPE presentation in the Petroleum Economics Workshop in April 2017.
In the latest 3esi-Enersight webinar, “Probabilistic Modelling – Asset Development Evaluation on Multi-Dimensional Goals,” we will explore how to quickly and easily view data in different ways to answer questions around conflicting demands, leading to an increased quality of investment decisions.
Using an integrated model and automated data flow, you can unlock the potential of multi-dimensional evaluation processes on your asset plans by reducing the time managing data – giving you time to analyse your stochastic simulation results within advanced visualization tools and thus enabling companies to make better decisions when comparing and choosing among investment opportunities that are fundamentally different particularly within an economically constrained or challenged environment.
Presented by Mark D’Arcy, Solution Architect with 3esi-Enersight, this 40-minute webinar will go over a sample case, and show how E&P companies can:
- Contrast the likelihood of achieving production and cashflow goals with different decisions
- Quickly get realizable production, capex, and economic ranges, and determine which variables impact these outcomes the most
- Compare production with NPV, and determine how linked or unlinked it may actually be
This live webinar will take place in three time zones. If you can not attend, we encourage you to still register to receive the webinar directly in your inbox.