Using Monte Carlo simulation methodology, our P1™ application helps well engineers enhance understanding of correlation between well costs and risks and improves information input for budgeting decisions. When complemented with CT™, all project members have access to the most actual drilling time and cost - saving the team unpleasant surprise at the end of the project. 

 

We look forward to assisting the Santos team as they pursue their ambitions.

Get in touch with us at sales@agr-software.com and allow us to demonstrate how we help you improve uncertainty assessment in well cost.