Visual Monte Carlo, combined with decision analysis techniques, increases the power of your investment appraisals.
Decision and risk analysis software
Merak Decision Tool Kit (DTK) helps you to evaluate uncertainties, measure the impact of those uncertainties on economic value, and determine the risk of your options. Merak DTK integrates with Merak Peep to enable Decision and Risk Analysis (DRA) and petroleum economics in one workflow.
Understand your uncertainty
Visualize the effects of uncertainty on the value of your projects using tornado charts or spider diagrams
Focus your efforts on high-impact uncertainties
Build a decision tree automatically, based on your sensitivity analysis data
Make more informed decisions
Determine the expected value of your project given its inherent uncertainty
Make decisions with greater confidence based on improved understanding of your project and your risk tolerance
Quantify the value of information that can reduce your uncertainty and affect your decisions
Export time series data for use in the Merak Capital Planning portfolio management software
Analyze your risk with Visual Monte Carlo
Model complex problems including uncertainty, correlation, and decisions
Combine the structured economics of Merak Peep with the flexibility of Microsoft Excel in a single representation of your project
Determine statistics for your project including P10, P50, P90 outcomes, and the probability of success
Better understand the details of your project risk through probabilistic techniques
