Unlike some other forms of engineering, the uncertainty associated with the analysis of oil and gas fields can be significant. TSG has developed a particular expertise in quantifying that uncertainty and its implications.
We have applied uncertainty analysis on many varied types of projects including:
- exploration prospects
- new discoveries considered for commercialization
- mature properties
including all major types of analyses such as:
- volumetric analysis
- production performance
- finite difference simulation
and covering a wide range of sizes from single well exploration projects to the large and well-developed Prudhoe Bay field of Alaska. To learn more about how uncertainty analysis can help you make better decisions, contact us at (817) 338-0800.