Video 6 How companies deal with risk and uncertainty and how Stratum Reservoir can help

First, we consider how companies try to assure that estimates of risk and uncertainty associated with critical prospect elements are made as objectively as possible utilizing a team approach. Most of the video is concerned with how those estimates must be supplemented/better understood during the early phases of a project in the event that the exploration well is successful. The participation of external experts in peer reviews, and the input of SMEs from Stratum, often ensures more objective assessments as a result of the reduction of the human biases that are often found in the evaluations of teams who do not seek objective external input.