“In the past, much as we took the greatest care in the analysis of prospect volumetrics and risk, we didn’t have any appropriate means by which we could check the consistency of our assessments, or the absence of bias. RAPT™ (Risk Analysis and Portfolio Tracking Software), has provided Tullow with the ability to review all and any present and past predictions in the perspective of the complete portfolio, and to ensure, through continuous review and monitoring, that new, hitherto unanticipated bias does not creep into our new prospect assessments. And all of this, with a very low ongoing software housekeeping effort.”
"The most valuable thing we gain from the whole exercise is insight from sensitivity analysis. We change parameters and re-run; that all happens quickly; and we gain insight from how items move in space and time."












