Oil & Gas Webinar Series 3: Drilling Times Forecasting with @RISK

Presented by

Rafael Hartke

About this talk

This is the third webinar of the O&G series, and here will present how to model the uncertainty around drilling times, including a risk matrix and risk drivers such as NPT (non-productive time) and WOW (wait on water). We will also see an example of how to measure the impact of these risks based on historical data.
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Palisade Company is the world’s leading provider of risk and decision analysis software solutions for science and industry. Our array of software products and custom services enhance the management experience by combining the latest in cutting-edge technology with over 35 years of analytics experience. Palisade’s unified software platform helps clients increase margins, improve performance, expand market share, and maximize operational efficiencies. We have a very simple mission: to minimize risk while maximizing potential.