Processes

What will AGI do for Perform uncertainty analysis?

A deterministic reservoir model or proposed development plan requires probabilistic risk assessment before capital is committed.

Trigger
A deterministic reservoir model or proposed development plan requires probabilistic risk assessment before capital is committed.
Outcome
A comprehensive uncertainty model is generated to provide probabilistic reserve estimates and economic forecasts for decision-makers.

The work itself

Grounded Work Profile

Measured by

  • Analysis Cycle TimeprocessProfile
  • Reserve Estimation AccuracyprocessProfile
  • Simulation Rerun RateprocessProfile

Key steps

  • Identify critical geological, operational, and economic variablesprocessProfile
  • Assign probability distributions and boundary ranges to each variableprocessProfile
  • Run Monte Carlo simulations on the reservoir or economic modelprocessProfile
  • Calculate P10, P50, and P90 confidence intervals for targeted outcomesprocessProfile
  • Create sensitivity charts to highlight primary risk driversprocessProfile
  • Compile the uncertainty profile and risk mitigation recommendationsprocessProfile

How AGI delivers it

Four ways AGI delivers for Perform uncertainty analysis

  • Services-as-Software

    Get the professional outcome delivered as software, priced on results, not headcount.

    Services.do
  • Autonomous Agents as digital employees

    Hire a digital employee that does the job under earned, supervised autonomy.

    Agents.do
  • Business-as-Code

    Encode how your work runs, once, as software that executes itself.

    Platform.do

Value flow

How Perform uncertainty analysis connects

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