Live Webcast: Crystal Ball: Simulation of production uncertainty in unconventional reservoirs - November 29

Posted by Melissa Centurio Lopes on Oracle Blogs See other posts from Oracle Blogs or by Melissa Centurio Lopes
Published on Mon, 26 Nov 2012 16:13:59 +0000 Indexed on 2012/11/26 17:18 UTC
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/Oracle/Oil & Gas / Utilities

In our webcast on 29 November, Oracle solution specialist Steve Hoye explains how you can effectively forecast EURs for unconventional reservoirs – supporting better investment decisions and reducing financial exposure and risk.

Attend the webcast to find out how your Oil & Gas industry can:

Use historical production data and data from other unconventional reservoirs to generate accurate production forecasts
Conduct Monte Carlo simulations in minutes to model likely declines in production rates over time
Accurately predict probable EURs to inform investment decisions
Assess the site against key criteria, such as Value at Risk and Likelihood of Economic Success.

Don't miss this opportunity to learn new techniques for mitigating financial risk across your unconventional reservoir projects. Register online today.

"Oracle Crystal Ball is involved in every major investment decision that we make for wells." Hugh Williamson, Risk and Cost Advisor, Drilling and Completions, BP

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