Specialists of " UNTC " took part in the Technical Conference SPE "Decision making under uncertainty".

Theme of the conference was quite difficult. Strategic decisions on investments in mining stocks are always taken from the analysis of the prospects and risks of new projects. Rating deposits are characterized by complex geological and technological conditions is particularly important task as embodiments of projects in similar conditions characterized by high probability of a negative net present value. As part of the technical conference demonstrated modern techniques and best practices for decision making under uncertainty. All reports were divided into four working sessions:

Risk assessment, quantitative risk assessment and management in exploration and evaluation;
The risks associated with the development of reserves: an adaptation model and production forecast;
Analysis of the decision-making process : Additional information on uncertainties;
The value of information .The number of participants was small . Russian companies were underrepresented .

The conference itself was of rather intimate characte. Nevertheless, thanks to the program committee and, primarily, Thomas Graf and Reno Gaucher event turned interesting. Like the logic of selection reports. Much of the presentations were informative and interesting. In general, program committee for the work can put a solid top five.Particularly good, from our perspective, were reports Thomas Graf: conceptual, methodically clear and well-built . Also pleased with the reports of experts Roxar and Total. Representatives Total special thanks for your honesty and candor displayed during the discussions. Do Roxar Gennady Sarkisov represented new approaches aimed at facilitating adaptation - interesting, but let's see how they take root among the masses. Schlumberger have been several reports, but except on Thomas Graf, they were in his repertoire: the foul SPE and outright PR solutions company, and the quality of these decisions in the discussions presented itself in a very interesting light. Practical reports related to the real decision-making under uncertainty, there were two. One presented by "UNTC" LLC, presented another Alexander Shandrygin ( Gazprombank Naftogaz Service ) "Decision-making for further exploration and development of accelerated commissioning offshore " - interesting, challenging, lots of points for discussion.

In general, the event went very well, thank you for that special SPE-Russia: Victoria Rachinkoy and Ulyana Dmitrieva.