From, www.linkedin.com/
Graham Griffiths
CEO at Stochastic Simulation Limited
Location
Perth Area, Australia
Industry
Information Technology and Services
Current Stochastic Simulation Limited, Mainpac Pty Ltd, NGIS Australia pty ltd
Previous nearmap.com, ipernica ltd, NCR Corporation
http://www.stochasticsimulation.com/
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Stochastic Simulation Ltd Last Reviewed: 06/09/2012
Oil and Gas Reserves Assurance and Production and Distribution Optimisation Technologies
Stochastic Simulation has developed a revolutionary computer modelling technology for the oil and gas industry. The SRE (Stochastic Reservoir Engineering) cloud technology provides unprecedented reserves assurance information that can significantly reduce the risk of over and under-investment and in turn increase the return on investment (ROI) for oil and gas projects by between 5% and 15%.
Commercialisation Australia funding will be used for a Proof of Concept trial with a leading company to prove the commercial viability of this solution in the oil and gas industry.
http://www.commercialisationaustralia.gov.au/OurParticipants/Pages/Stochastic%20Simulation%20Ltd.aspx
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