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Risk€

Risk€ is a user-friendly tool which provides the user with means to analyze the uncertainty associated with well construction cost and duration. The results from a Risk€ study provides essential information for the planning stage, as well as assisting decision-makers in identifying cost and duration reducing measures. The tool has the potential to be used as a standard tool for estimation of well construction cost and
duration.


The benefits from use of the Risk€ tool are:

 
  • Makes work processes more effective through:
    • Easy to do the calculation in-hose
    • Easy to automatically generate reports
    • Easy to systematize expert input
       
  • Facilitates both internal and external communication:
    • Can be used for field-to-field comparison
    • Can be used for communication in a license setting
    • Easy to communicate to decision-makers
       
  • Supports technical decisions:
    • Risk management in a cost perspective
    • Reduce costs and duration related to well construction
International Research Institute of Stavanger
Mailing address:
Visiting address:
P.O. Box 8046, N-4068 Stavanger, Norway
Prof. Olav Hanssensvei 15, 4021 Stavanger


Phone:
Fax:

+47 51 87 50 00
+47 51 87 52 00

General email address: firmapost@iris.no
International Research Institute of Stavanger
Mailing address:
Visiting address:
P.O. Box 8046, N-4068 Stavanger, Norway
Prof. Olav Hanssensvei 15, 4021 Stavanger


Phone:
Fax:

+47 51 87 50 00
+47 51 87 52 00

General email address: firmapost@iris.no
International Research Institute of Stavanger
Mailing address:



Visiting address:
P.O. Box 8046
N-4068 Stavanger
Norway

Prof. Olav Hanssensvei 15 
4021 Stavanger

 
Phone:
Fax:
General email:
+47 51 87 50 00
+47 51 87 52 00
firmapost@iris.no