Strategic Planning of Field Development

Seamlessly plan and visualize different field development strategies to minimize risks and enhance project outcomes. Our software enables you to simulate multiple scenarios and select the most cost-effective and sustainable approach.

Probabilistic results for production profiles ready to download for RNB reporting

Our tool provides probabilistic results tailored for seamless integration with Revised National Budget (RNB) reporting processes. These results are immediately available for download and can be directly used in financial models and projections that are required for RNB submissions. By ensuring that your data aligns with the specific standards of RNB reporting, our platform aids in streamlined, compliant, and efficient budgetary planning and reporting for governmental and regulatory reviews.

Visualize results per well before and after downscaling if your asset has a constraint

With our sophisticated visualization tools, you can easily compare and analyze well performance both before and after the application of downscaling techniques. This is particularly valuable for assets under constraints, allowing for a clear understanding of how scaling adjustments impact well outputs. The visualizations help in pinpointing potential issues and optimizing well operations based on realistic, scaled-down data, thereby improving overall asset management and productivity.

Probabilistic forecasting under uncertainties

Trails offers advanced statistical tools that integrate uncertainty into every aspect of scenario analysis, allowing you to visualize a spectrum of outcomes. This capability enables you to anticipate a range of future conditions, optimizing decision-making processes under uncertainty. Prepare for various potential futures with confidence, making strategic decisions that are informed by comprehensive risk assessments and robust forecasts.

Product Optimization

Optimize production while considering production constraints (pipeline, capacity, etc)
Optimize in-filldrilling - evaluating upsides, downsides, and orders of the wellsto maximize production
Optimize your company's projectportfolio across fields with advancedtools

Negotiation and Asset Value Maximization

Maximize value in tie-in negotiations with precise deferral estimates and optimized economics
Make exploration projects more efficient with optimization of working interest and timelines
Maximize asset value with accurate estimates based on different assumptions

Scenario Analysis and Exploration

Significantly reduce time spent by Engineers creating scenarios and forecasts
Explore endless possibilities with life-time extension scenario analysis tool
Experience unparalleled accuracy and insights with unique approach to stochastic production forecasting

Collaboration and User Experience

Achieve accurateproduction forecasting with advanced forecasting tool
Effortlessly report reserves and resources with comprehensive reporting features (RNB,internal reportings)
Keep an auditable trail of all steps and inputs with advanced tracking and reporting system

Forecasting and Reporting

Effortlessly share scenarios with user-friendly interface
Foster effective teamwork with seamless communication tools
Access and manage projects from anywhere with secure cloud-based platform

What Our Clients Say

Company 1

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David Wilson

CEO

Company 2

Matthew Wilson

CFO

Company 3

Matthew Taylor

Contact us

Jan Biti

CEO

+47 901 46 010

jan@optitrials.com

Saeed Fallah

Founder & CTO Board Chair

+47 483 51 219

s.boland@optitrials.com

OptiTrails is co-led by Saeed Fallah, Founder, CTO, and head of the board, and Jan Biti, CEO.

Saeed has nearly two decades of experience in the oil & gas industry, while Jan brings expertise in Engineering and Business Development.

Together, we aim to expand the team for OptiTrails' growth and
successful commercial rollout, supported by Bouvet's software
development solutions.
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Empowering Data-Driven Decision Makers

Companies with great experience using Trails

Key Features