Reidar B Bratvold

REIDAR B BRATVOLD is a Professor of Petroleum Engineering & Management at the University of Stavanger, Norway where he is teaching and supervising graduate students doing research in uncertainty assessment, risk management, investment analysis and decision sciences. He is also chief scientist at RF- Rogaland Research Institute. He has spent more than 15 years in the oil & gas industry. Before joining the University of Stavanger, Reidar was professor and discipline head of petroleum engineering & management at the University of Adelaide, Australia, where he still retains a position as adjunct professor. As a Vice President of Landmark Graphics Corporation he was responsible for all of Landmark’s solutions in reservoir management, production and drilling. Later, he was the VP in charge of Landmark’s solutions in decision analysis, economic evaluation and business modelling. Prior to joining Landmark Reidar was General Manager of Smedvig Technologies Software Solutions (now Roxar). He was the Founder-General Manager of ODIN Reservoir Software & Services where he initiated and oversaw the development of software and consulting solutions for stochastic reservoir modelling (STORM) and other reservoir management applications. He was also Senior Scientist for five years with IBM, working on high-performance reservoir simulation and spent several years as a reservoir engineer with Statoil.

Reidar is Founder and CEO of DecisionsDecisions, Inc. and is also a member of the Stanford University Petroleum Investment Committee. Twice invited to serve as SPE Distinguished Lecturer, in 1998/99 on the topic Uncertainty Assessment and Risk Management in Exploration & Production and in 2003/04 with the topic Would You Know a Good Decision if You Saw One?, he is a frequent speaker at industry conferences and events. He has published numerous papers on topics such as investment modeling, decision-making, stochastic reservoir modeling, fuzzy logic and reservoir management. Reidar is the lead author of an upcoming (SPE) book titled “Decision-Making under Uncertainty.”

Reidar holds a PhD degree in petroleum engineering and a MS degree in mathematics both from Stanford University, a MSc degree in petroleum engineering from the University of Tulsa, a BSc degree from University of Stavanger, Norway. He also has extensive executive education from INSEAD (International Executive Program), Stanford Graduate School of Business and the MIT Sloan School of Management.