Uncertainty Analysis

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.