UnRiskIT® is the complete probabilistic platform for well construction — from initial planning stages through operations to full NPV. Build plans, risk cost and schedule, compare scenarios, define approval gates, track against actuals, and calculate production economics. All in one integrated framework.
Most drilling teams build plans in one tool, estimate costs in a spreadsheet, run economics in a third, and compare scenarios manually. The result is fragmented workflows, disconnected risk, and gate decisions made without full economic context.
Well plans live in one tool, cost estimates in a spreadsheet, NPV in another. Changes in one don't flow through to the others.
Go / No-Go decisions are made with deterministic cost estimates — no probabilistic NPV, no risked scenario comparison at the approval gate.
The plan is set before spud. When actual drilling data comes in, there's no systematic way to compare, adjust, and re-risk in real time.
Comparing well designs, cost alternatives, or development scenarios requires rebuilding models from scratch — slowing decisions and introducing errors.
UnRiskIT® covers the full well construction lifecycle — from initial planning through operations to production economics. Everything connected. Nothing in a separate spreadsheet.
Build new well plans or regenerate from previous designs. Define well architecture, operations sequence, and cost structure in a purpose-built environment — not a generic spreadsheet.
Probabilistic cost and schedule estimation using Monte Carlo simulation. Generate P10/P50/P90 outcomes with or without financial value — from simple risked AFEs to full economic models.
Compare well designs, cost alternatives, or development scenarios side by side — with full probabilistic backing. See how changes in one variable ripple through cost, schedule, and economics.
Define phases or stages with Go / Rework / No-Go decision points backed by risked economics. Give budget holders and approval committees the probabilistic context they need at every gate.
Compare actual drilling data against your plan in real time. Modify, re-risk, and improve the plan as operations progress — applying lessons learned while they still matter.
Complete economic analysis including production forecasts and risk-adjusted NPV. Go beyond cost distributions to understand the full financial value of every well and scenario.
Three of the working outputs UnRiskIT® produces — probability-aware cost ranges, side-by-side scenario comparison, and gate decisions backed by risked economics.
Build well plans, run risked economics with full NPV, and compare development scenarios — all in one framework. Use probabilistic gate decisions to allocate capital with confidence across your portfolio.
Discuss your program →Plan wells in domain-native terminology, generate risked AFEs with P50/P90 cost and schedule, and track actuals against plan during operations. Regenerate from previous designs to build on lessons learned.
See the platform →Review Go / Rework / No-Go decisions with full probabilistic economics behind them. Compare scenarios, understand P50 vs P90 exposure, and track performance against plan — all in standardized, auditable outputs.
Request a demo →Crystal Ball and @RISK add probability to spreadsheets. UnRiskIT® is a complete well economics platform — planning, risked cost, scenarios, gate decisions, live tracking, and NPV in one framework.
| Capability | Spreadsheet Add-ons | Generic Risk Tools | UnRiskIT® |
|---|---|---|---|
| Well planning (new build + regen) | ✗ No | ✗ No | ✓ Purpose-built |
| Probabilistic cost & time estimation | PARTIAL Manual setup | PARTIAL Generic | ✓ Integrated Monte Carlo |
| Scenario analysis & comparison | ✗ Rebuild each | PARTIAL | ✓ Side-by-side, linked |
| Approval gates (Go / Rework / No-Go) | ✗ No | ✗ No | ✓ Risked economics at gate |
| Live tracking & plan updates | ✗ No | ✗ No | ✓ Actuals vs. plan |
| Full NPV with production forecasts | ✗ Separate model | ✗ No | ✓ Built in |
"As a former VP for both Decisioneering and Palisade, neither Crystal Ball nor @RISK can hold a candle to UnRiskIT® when it comes to ease of use, robustness, or oil & gas specific functionality." — Industry Executive
Since 2004 UnRiskIT® has played a crucial role in the decision making process on our most important projects. No other software competes with it in terms of usability and output quality. Our best outcomes have been based upon the decision making process facilitated by UnRiskIT®.
UnRiskIT® delivers unprecedented performance in terms of ease-of-use and accurate risked cost analysis. With UnRiskIT® we are empowered with an intuitive risk analysis tool that helps us quickly identify and communicate the risk and cost associated with our drilling projects.
Neither Crystal Ball nor @RISK can hold a candle to UnRiskIT® when it comes to ease of use, robustness, or oil & gas specific functionality. Crystal Ball and @RISK are mere tools, whereas UnRiskIT® is an actual risk-analysis end-to-end solution designed for the oil & gas professional.
UnRiskIT® is extending its commercially proven architecture into geothermal EGS, CCUS, and hydrogen storage applications — bringing the same probabilistic decision engine that major operators have relied on since 2003 to the clean energy domains that need it most.
We are actively pursuing federal funding partnerships and welcome collaboration from national laboratories, geothermal developers, and CCUS project teams.
Learn about our DOE partnership program →Extending probabilistic well construction decision support into next-generation energy domains — validated against publicly available DOE datasets.
Whether you're planning a well, managing a program budget, or developing a geothermal project — let's talk about what UnRiskIT® can do.