Petroleum Economics - Reservoir - AGR
Wells & HSEQ
bredford dolphin 1180
topstrip 0014 ps forside-bilde
AGR Consultancy
agr energy web and ppt copy2
816 thumb
Facilities Solutions
TRACS Training

Petroleum Economics

economicsWe firmly believe that a technical project cannot be divorced from a risk analysis and commercial evaluation of the field or opportunity being reviewed.

To this effect, we routinely construct a fiscal model to apply to the project being studied, and apply risk techniques, selected as appropriate from a portfolio of tools such as:
  • multiple deterministic reservoir modeling to create ranges of uncertainty
  • sensitivity analysis for a project proposal
  • decision tree analysis
  • project optimisation techniques through analytical modeling
  • gap analysis at a company strategy level or at a project technology level
  • definition of boundary conditions (scope of responsibilities)
  • stakeholder analysis
  • decision quality analysis (on how good a basis has a decision been made)
  • establishing technical limits and enabling technologies to move towards these
  • portfolio risk analysis.

Contact us

For direct enquiries with our experts, please contact:
Bjorn Smidt-Olsen, UK
Morten Heir, Norway


Latest news

2016-10-13 — AGR announces New Helm of Well Management business in Norway
Read More
2016-10-12 — Knowledge Management in Africa
Read More
AGR. Pioneering Achievments™
© AGR | All rights reserved. 2016. Norway | UK | America | Asia Pacific | UAE | Colombia