Case Study

Blade Energy Uses @RISK to Save on Drilling – Palisade

Blade Energy Uses @RISK to Save on Drilling – Palisade

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Customers & Industries: Blade Energy Industry: Oil/Gas/Energy Product(s): @RISK Application: Drilling Productivity Summary Blade Energy developed a statistical analysis tool that can estimate productivity improvements for underbalanced drilling. This tool is an Excel based application program that uses @RISK’s probability distributions and Monte Carlo simulation capability as its prediction/estimation engine. @RISK Home Customers & Industries Blade Energy Our clients see the value of underbalanced drilling not only in productivity improvement but also in reservoir characterization. @RISK’s strong statistical capability has made UBD PIE robust. Shaikh Rahman, Blade Energy “ ” Blade Energy Uses @RISK to Save on DrillingHistoric images of gushers make oil drilling look easy. But in today’s in

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