work we are proud of
Blowout Risk Assessment
kwantis developed a complex model in order to evaluate blowout probabilities and consequences in terms of duration and volume. The stochastic approach considers all possible natural, mechanical and human interventions and allows a more realistic risk assessment. This approach, already applied on several wells of a major European Oil&Gas company, allows to optimize the well design and to speed up the authorization process for new drilling campaigns.
Quantitative Risk Assessment
kwantis performed a comprehensive risk assessment on the extension of a large Central Processing Facility in Middle East. The objective of the analysis is to calculate potential delays and associated contingencies for the budget through Monte Carlo simulation.
kwantis is pleased to welcome a new colleague, Aishwarya Pabbisetti. Aishwarya, Indian, has a MSc in Computer Science and Engineering and previous experiences in software development for major e-commerce websites.
What are the critical drivers to prioritize the interventions on mature oil&gas assets? kwantis supported the drilling and HSE departments of a major oil company through a comprehensive quantitative risk assessment, combining technical, environmental and safety factors in a complex legislative framework.