Merak Decision Tool Kit

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 and petroleum economics, in one workflow.

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 project risk through probabilistic techniques

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 Merak Capital Planning portfolio management software

Explore Merak Project Economics and Risk

Decision Tool Kit

Fiscal Model Library

Peep

The schematic view of a decision tree in Merak DTK.