Uncertainty Calculations & Monte Carlo Simulations

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Uncertainty Calculations & Monte Carlo Simulations

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Course description

This course covers the propagation of measurement uncertainty using the methods outlined in the JCGM Guide to the Expression of Uncertainty in Measurement from a statistical perspective. This course will provide participants with a working knowledge of the methods needed to compute measurement uncertainties, hands-on experience in the application of these methods, and scientific and statistical insight into the interpretation of the results. The theory of uncertainty analysis will be applied on two practical examples, which are related to the oil and gas industry, i.e. the calculation of the uncertainty of calibration of a gas flow meter and the calculation of uncertainty in energy and volume measurement in a (fiscal) gas metering station.

In many cases, the effects of uncertainties are hard, if not impossible, to calculate analytically, especially with non-linear systems and when uncertainties of different contributors interfere with each other. A way to solve such problems is using ‘Monte Carlo’ simulation, in which each individual step in the uncertainty process is simulated in the computer. A large number of runs can easily be achieved, so reliable statistics are obtained and effects of the different contributors can be separated. In this part, the basics of Monte Carlo simulations will be described and the possibilities illustrated with several examples from the oil and gas industry and complex data-processing.

meet the training leaders
Hans van Maanen
Senior Consultant Multi-Phase Measurement
Hint Europe B.V.
Arend Herwijn
Senior Metrology Consultant
Hint Europe B.V.
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Reveal the full schedule of the training as well as key topics, course objectives, key takeaways, special features, and the trainer bio!

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Topics

Uncertainty Analysis according to the ISO ‘Guide to the Expression of Uncertainty in Measurement’

Type A uncertainty evaluation based on statistical methods

ype B uncertainty evaluation based on non-statistical methods

Setting-up an Uncertainty Budget

Implementation of Uncertainty Analysis for metering systems in the Oil&Gas Industry

Uncertainty Evaluation of the calibration of a gas flow meter

Basics of Monte Carlo simulations and how to set these up

Achievements possible with Monte Carlo simulations

Analysis of the interaction of the different uncertainty and noise sources in complex systems

Practical examples which show the potential of the Monte Carlo simulations

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Jos Broekman
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Name
Job
Company
Bio
Name
Description
Root Cause Analysis for Oil and Gas Industry
4. - 6. April 2022
Online Live Stream
HAZID and HAZOP Masterclass
14. - 18. February 2022
Online Live Stream
Managing The Abandonment Costs For Oil And Gas Wells
26. - 28. October 2021
Online Live Stream
NEBOSH Certificate in Oil and Gas Operational Safety Maputo
15. - 20. November 2021
Maputo, Mozambique
Fundamanetals of Oil and Gas E&P
21. - 25. March 2022
Online Live Stream
OSH Occupational Safety and Health Masterclass
22. - 26. November 2021
Online Live Stream
Agility in Compliance - Yes, Please!
CONTRIBUTOR View trainer bio View trainer bio View trainer bio View trainer bio View trainer bio...
Imploded Storage Tank
CONTRIBUTOR What Happened? After cleaning with steam a tank was quenched with cold water to shorten...
Importance of a mobile banking app within a bank’s multi-channel strategy
CONTRIBUTOR View trainer bio View trainer bio View trainer bio View trainer bio View trainer bio...
Digital Banking: The Operational Backbone
CONTRIBUTOR View trainer bio View trainer bio View trainer bio View trainer bio View trainer bio...
Queens of safety inventions
Throughout history, women were underestimated and it was unbelievable for society if a woman came up with...
EHS Opportunities due to COVID-19 – seizing the “new normal”
CONTRIBUTOR On March 11, 2020, the World Health Organization officially declared the novel coronavirus a pandemic....
Amadeus von Kummer
Vice President BU Banking & Finance
FinTecSystems, Germany
Vitold Sanotskyy
Founder & CEO of Internal Startup “Nicole”
Raiffeisen Bank International, Austria
Jurgen Vandenbroucke
Managing Director
everyoneINVESTED (KBC group), Belgium
Aki Stamatis
Director
Fourfront Group, UK
Ottavia Pelloni
Worksphere Strategist
Il Prisma
Jos Broekman
Creative Director
Ditt, Netherlands