Rose Subsurface Assessment is excited to announce Geo Risk Analysis Studio — a comprehensive suite of tools designed to evaluate subsurface risk and uncertainty across Conventional, Unconventional, and CCS projects.

Our solutions empower Oil & Gas and CCS professionals to make informed decisions by providing a full understanding into the range of potential outcomes of their projects.

Rose software tools are designed by geoscientists and engineers to be intuitive and user-friendly, enabling you to focus on what truly matters—modelling your projects—without the hassle of mastering complex software.

Key tools which have been comprehensively updated and upgraded in recent years, include:

•              RoseRA: Supports risk and resource assessment for conventional prospect opportunities and the storage potential of carbon projects, enabling informed and data-driven decision making.

•              StoreRA: Comprehensive data management and file storage for RoseRA files, managing versions, data organization and custom reporting.

•              PlanRA: this powerful Portfolio analysis tool models exploration and production program options, providing estimates of resources, commerciality, value, and costs, giving you the insights to optimize project strategies.

•              ProjectRA: Models production, value, capital and cash flow over a project’s lifecycle, estimating the chance of economic success and other economic metrics to help plan for optimal development.

•              CarbonSureRA: models and quantifies the long-term future financial risks of CO₂ injection projects, offering insights to help mitigate the potential for loss.

In 2025, we’ll add:

•              SaRA: A tool providing a systematic workflow to risk seismic amplitudes and DHI’s, calibrated to a database of 405 drilled prospects, in order to improve pre-drill geologic risk estimates.

•              ToolboxRA: analyzes large analog datasets, applying powerful curve fitting techniques to model uncertainty and generate precise inputs for stochastic tools plus some important distribution shape and handy calculators.

With Rose’s industry-leading training programs, offered globally, you’ll seamlessly integrate risk and uncertainty principles into your workflow, enhancing decision-making and driving success.

Ready to Dive In?

Over the coming weeks, we’ll be unveiling in-depth insights into each of our innovative tools and how they can revolutionize your decision-making process. Don’t miss out on the opportunity to experience these game-changing solutions firsthand.

What is your strategy to manage the long-term uncertainties associated with a CCS project?  How will you quantify the magnitude and timing of financial risk over the project lifetime?

CarbonSureRA software empowers decision-makers by providing deep insights into financial risks associated with Carbon Capture and Storage (CCS) projects, including timing and impact of adverse events and peak risk across a project’s lifecycle.

Here’s how:

• Estimate impact of adverse events: Customizable CCS risk registers are used to estimate the nature and impact of potential adverse events, e.g. induced seismicity, wellbore leakage and plume / pressure migration.
• Quantitative risk assessment: Assign Chance of Occurrence and Cost Impact of these adverse events to project the timing of Peak Risk and scale of Monetary Impact Costs, enabling a roadmap to mitigate potential financial losses.
• Simulate project risk:  The Monte Carlo engine simulates and aggregates the chance and financial impact of risks, generating clear output charts and tables to illuminate low probability / high impact events and support decision-making.
• Assess commercial success: Evaluate key SRMS risk indicators (Pg, Pd, Pc) to calculate your project’s chance of success, from initial studies to long-term viability and overall commercial chance of success.
• Comprehensive reporting: Get detailed estimates of risk frequency and impact, for more accurate forecasting, and to support informed decision making.  Helping you communicate future risks to management and regulators, to enable implementation of monitoring systems, mitigation strategies for adverse events and financial losses.

CarbonSureRA helps reduce uncertainty and drive better outcomes in CCS projects. Understand potential risk issues to better implement MMV programs and document required performance bonds. By quantifying financial risks over the long term, CarbonSureRA helps you minimize uncertainty, improve project outcomes, and make better-informed decisions in the CCS industry.

Ready to future-proof your CCS strategy? Head over here to read about CarbonSureRA.

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