Business Problem
Planning new wells is a safety critical activity for Oil & Gas companies involving multi-million dollar decisions.
Most companies plan them like this:
A team of specialists looks at aspects of a well. They work in their silos, and handovers between them lead to miscommunication and slowness because there’s bias and lots of opinions.
The result is only a few options to choose from. Risks are often not or poorly quantified. And robustness checks can not be done simply because the teams have run out of time.
Goal
Use Game AI approach to explore the full option space, to quantify risk versus reward and to make better and faster decisions.