Statistical Analysis of Natural Resource Data
SAND was established in 1984, and is a significant international contributor to research and services in reservoir description, stochastic modeling and geostatistics.
Our primary goal is to use statistical methods to reduce and quantify risk and uncertainty. The main area is stochastic modeling of geology in petroleum reservoirs including upscaling and history matching. We also have a significant activity on all types of risk quantification, primarily in the energy sector.
Our employees have backgrounds in statistics, mathematics, physics, numerical analysis and informatics. To ensure that we work with interesting and relevant issues for the petroleum industry, we work closely with professionals in geoscience when this is relevant to the project. Most projects are funded by oil companies, software suppliers in the oil industry and research projects sponsored by the European Commission and the Research Council of Norway.