Value can only be created through our decisions. Uncertainty is inseparable from all significant decisions. You can’t make good decisions without embracing uncertainty. We are a dynamic research group at the Energy Resource Department of the University of Stavanger. We are undertaking interdisciplinary research in Decision Analysis, Applied Machine Learning, Economic Valuation and Behavioral Issues in Decision Making Process.
We are a part of the Department of Energy Resources at the University of Stavanger and contribute to teaching and research in Computational Engineering and Geoscience and Reservoir Engineering. Past and current collaboration partners include NORCE Research Center, Equinor, the Research Council of Norway, the University of Adelaide and the University of Texas at Austin.
We are grateful for funding from the University of Stavanger, IOR Center, Faculty of Science and Technology and our industrial partner Equinor.
Relevant Websites:
New PhD - Welcome Yasaman to the Team!
November 2021Reidar gave a talk at the 3rd EPIC conference on debiasing production forecast.
September 2021New PhD - Welcome Ressi to the Team!
June 2021Congratulation to Amine for his SPE-Stavanger Best PhD Student award.
January 2021Congratulation to Aojie for his promotion. He will continue his work in DDA as an Associate Professor!
September 2020Welcome Erik to the Team!
September 2020Our new paper with Babak Jafarizadeh on Sequential Decision Making is on SPE Journal.
March 2020Reidar Made a presentation on Production Forecasting video at the Society of Decision Professional.