Probabilistic Asset Development Planning Blog Feature modelling

Decision analysis of potential asset development plans using probabilistic modeling in PetroVR

Join us for a Live 30 minute Webinar followed by a 15 minute Q&A Session.

By attending this webinar, you will learn how to use the probabilistic capabilities to gain a greater understanding of the uncertainties in your development plans and how they influence overall value.

Kyle Craig will touch on why front end loading the planning process will create asset development decisions that incorporate a broader range of possibilities and help to focus on the decision-making process on the aspects that matter most. When you leave this webinar, you will have a clear understating of how we can analyze the range of outcomes possible with our development planning options and find alternatives that can maintain upside potential and minimize downside risk.

Brought to you in two time zones:

North America & Europe

Webinar Complete

Tuesday, July 14, 2020.
2:00 PM MDT | 3:00 PM CDT | 9:00 PM CET


Webinar Complete

Wednesday, July 15, 2020.
1:00 PM AEST | 11:00 AM SGT

What will you learn?

  1. How to front-end load the development planning process
  2. How to model development options using simulation
  3. Modelling uncertainty in the development plans
  4. How to analyze probabilistic outputs for greater insight
  5. How to generate alternative options that balance risk and reward

About the Presenter

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Kyle Craig

Solution Architect

Kyle Craig is a solution architect with Aucerna, helping clients design and implement their asset planning solutions and workflows. Previously, Kyle worked at an upstream operator in exploitation engineering and business development roles evaluating M&A opportunities and creating development plans. During his time in the industry and as a consultant Kyle has had 8 years of experience on a wide variety of asset plays including SAGD, Offshore oil and gas, integrated CSG to LNG and unconventional tight gas and shale plays.

What's coming up next in Aucerna Connects?

Aucerna Connects will run monthly webinars, often multiple times a month on a variety of days, and in a variety of time zones to support our global industry. You can find a list of all webinars, past, and future by clicking on the link.