Frequently Asked Questions

What is probabilistic analysis?

Probabilistic analysis is a statistical approach that 29 North Energy uses to evaluate uncertainty in production or cost data. These uncertainties then allow the user to look at the range of possible asset valuation outcomes. In other words, instead of just giving our clients a deterministic yea or nay as to whether the asset valuation meets your investment hurdles, 29 North Energy’s analysis includes probability curves that give the likelihood of reaching specified benchmarks. Additionally, we can assess the degree to which changes in input parameters can make or break a project.

How much does your one-day rapid asset screening course cost?

Provided in your facility, the one-day course for rapid screening of assets is $500 for each student, with a minimum of six students, maximum of ten. Off-site training is also available. For offsite costs, email: Nicola@29northenergy.com

Can a single student take the course?

The course costs a set amount of money for a minimum of six students. So one student or six, the cost would be $3000.00 for the day at your facility.