Probability Analysis &
In-depth Probability Analysis
Reducing Drilling Risk, Maturing Prospects
Falcon American Oil conducts comprehensive probability analysis to assess the risky potential of an exploration prospect. This process is crucial in establishing budgets, defining prospects, and planning geophysical exploration programs.
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- Probability analysis is the process of analyzing the information found in the initial analysis of the land.
- Regional geology, geophysical interpretations, and analogy to similar structures or traps are incorporated in the assessment of the risky potential of an exploration prospect.
- The risk-adjusted return is filtered, allowing for the prioritization of each prospect.
- Monte Carlo or other probability analysis techniques can be incorporated into our studies using commercial or proprietary software for reducing drilling risk and maturing the prospects.
Oil & gas operations
Strategic Planning for Exploration Programs
Our probability analysis focuses on understanding regional geology, geophysical interpretations, and analogy to similar structures or traps. This allows us to generate a complete field development plan.
Regional Geology Understanding
Analogy to Similar Structures or Traps
Why Choose Our Probability Analysis
Experience, Expertise, Excellence
With our strong industry experience and technical expertise, we are committed to delivering excellence in all our probability analysis studies. We understand the complexities of the industry and provide services that not only meet but exceed expectations.Reach Out to Us