Products That Conquer Uncertainty

The Oil & Gas industry is undergoing a digital transformation, and we are at the forefront of it. With over 30 years in risk analysis, our next generation digital oilfield products will give you the answers you are looking for. Start Free Evaluation

Powerful Speeds, Smarter Scalability, Total Security

Our uncertainty-analysis software enables people to tackle any problematic risk faster than ever before, making decision-making easier.

Reservoir Simulation

100’s to 1000’s times faster analysis feedback and estimates

History Matching

Unmatched quantitative reliability with significant cost savings and enhanced ROI.

Integrated Asset Modelling

Reduction in investment risk for both mature and early-stage oil and gas field development

Drill Risk Reduction

Reduce drilling costs, avoid geological hazards, reduce the size of drilling programs and plan for a longer field life.

Production Forecasting

More reliable short and long term production forecasting.

Worldwide Consulting Services

Stochastic Simulation is not just an upstream technology provider, we also offer consulting services to our clients for every stage of the Oil and Gas lifecycle; including Countrywide Gas Master Planning and more.

Digital Oilfield Technology

We created integrated and scalable technology that turns complex problems into easy-to-configure solutions. Get to know the new, next generation technology of the Oil & Gas upstream industry, the Stochastic Simulation ‘Assure’ Platform.

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Gas Master Planning Experts

Gas Master Plans are documents that assist the reader to access the resource potential of a country’s or region’s natural gas reserves and identify the best utilisation strategy. Our powerful integrated asset modelling tool, GasAssure, can be used to optimise the overall supply and demand system of an entire country. Don’t believe us? Learn how it works here.

How GasAssure Can Help

Latest Industry News

We believe in knowledge sharing and innovation. Visit our Community blog for the latest information in upstream Oil & Gas news and technology.

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We Offer Consulting Services Worldwide!

The industry may be unpredictable, but that doesn’t mean your company has to be too. Reduce risk in your developments, increase profitability and make confident decisions across the entire oil and gas lifecycle with Stochastic Simulation’s bespoke consultancy services.

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The Stochastic Simulation Community – An oil & gas blog and learning network.

  • Oil price recovery fires hope for local gas players
    by Stochastic Simulation on February 7, 2017 at 7:52 am

    Oil is shaping up as the resources recovery story for 2017 as the price holds above $US50 a barrel and looks like moving higher. And, for Australian investors, an equally interesting change is emerging in the way producers perform financially. Gas, in its liquefied form, has become the dominant feature of the local industry, with […] The post Oil price recovery fires hope for local gas players appeared first on The Stochastic Simulation Community -. […]

  • Shell plans Australian solar plants that can switch to gas
    by Stochastic Simulation on February 6, 2017 at 4:38 am

    Shell’s plan could ­reduce the need for both coal-­baseload power and expensive gas-only peaking plants. Read more. The post Shell plans Australian solar plants that can switch to gas appeared first on The Stochastic Simulation Community -. […]

  • Woodside and NASA form an alliance to find a place for robots in big oil and gas
    by Stochastic Simulation on January 31, 2017 at 5:15 am

    Woodside is to work with NASA to develop teams of robot workers that might do the unpleasant, dangerous & boring work on its offshore oil & gas platforms. The post Woodside and NASA form an alliance to find a place for robots in big oil and gas appeared first on The Stochastic Simulation Community -. […]

  • Digital Tech in Oil, Gas Could Reduce CAPEX by 20%
    by Stochastic Simulation on January 31, 2017 at 2:22 am

    The use of digital technologies in oil & gas could reduce capital expenditures (CAPEX) & operational cost by 20 percent & 5 percent, respectively. The post Digital Tech in Oil, Gas Could Reduce CAPEX by 20% appeared first on The Stochastic Simulation Community -. […]

  • Oil and gas battle continues over The Great Australian Bight
    by Stochastic Simulation on January 24, 2017 at 6:12 am

    The Great Australian Bight is looming as Western Australia's new North West Shelf in the State’s oil and gas stakes. Read more. The post Oil and gas battle continues over The Great Australian Bight appeared first on The Stochastic Simulation Community -. […]

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