Caesar Systems and Decision Frameworks have announced a strategic alliance to provide education, training and consulting services to improve upstream decision making. The alliance revolves around Caesar Systems’ PetroVR toolset and Decision Frameworks’ ‘DTrio’ decision analysis workflow package.
Two workshops are planned for 2009, ‘Frame N’ Go’ and ‘Project Jumpstart.’ Frame N’ Go is an overview of project planning principles, followed by hands-on work sessions where attendees evaluate different development plan options for a variety of projects ranging from offshore deepwater to unconventional gas.
Project Jumpstart allows a project team to learn decision analysis principles, set up and evaluate their own field development plan. Caesar Systems CEO Victor Koosh said, ‘This alliance is relevant in a business environment where E&P scenarios are becoming more complex with greater risks, higher costs and tightening global credit investment markets. Knowledge transfer to the next generation of decision makers is crucial to E&P success.’ PetroVR clients include Apache, BHP Billiton, BP, Chevron, ConocoPhillips, Murphy Oil, PDO, Pioneer, Shell, Sonatrach and Total.
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