Making decisions in a world of uncertainty…

Exploration for energy and natural resources is essential to satisfy the constantly growing demand of the world population. Assets, or development opportunities, of different nature need to be evaluated for their potential and ranked in a business perspective. Investment decisions must be taken despite huge uncertainties, many of them related to our subsurface, the source of most resources and energy.

With the flagship software Ariane, we provide an asset and portfolio evaluation framework where uncertainty is natively built in to deal with the unknown inherent to exploration. Domain knowledge is structured along a transparent and highly interactive “Ariane’s Thread”, covering multiple disciplines, and assisted by artificial intelligence to ensure calibration to the data available. Assets are consistently evaluated and compared, and decisions are made based on full cycle probabilistic subsurface to economics.