Et profilbilde

External Consultant
Philip Thomas { "honorific-suffix": "External Consultant", "fn": "Philip Thomas", "tel": "Telephone: +47 51832228 ", "email": "philip.thomas@uis.no" }

Faculty Faculty of Science and Technology
Department Department of Petroleum Technology
Room KE E-323

Courses taught

Research fields

Decision Analysis, Real Options Valuation, Uncertainty Modelling

Selected publications

Thomas, P., Bratvold, R. B., & Bickel, J. E. (2014, April 1). The Risk of Using Risk Matrices. Society of Petroleum Engineers. doi:10.2118/166269-PA

Bratvold, R. B., & Thomas, P. (2014, December 10). Robust Discretization of Continuous Probability Distributions for Value-of-Information Analysis. International Petroleum Technology Conference. doi:10.2523/17975-MS

Research in progress

Practical approach in calibration of stochastic price processes using Kalman Filter, Sequential Optimization and Implied Volatility.


Real Options Modelling for Oil and Gas Projects.


Work experience

Reservoir Engineer - Statoil (2013)

Reservoir Engineer - Total E&P (2009 - 2011)

Scientific publications (from Cristin)

  • Bratvold, Reidar B; Thomas, Philip; Begg, S.H. (2014). Robust Discretization of Continuous Probability Distributions for Value-of-Information Analyses. In: 2014, International Petroleum Technology Conference. International Petroleum Technology Conference. ISBN 978-1-61399-322-4.
  • Thomas, Philip; Bratvold, Reidar B; Bickel, J. Eric (2014). The Risk of Using Risk Matrices. SPE Economics & Management. ISSN 2150-1173. Volume 6. Booklet 2. p. 56-66. DOI: 10.2118/166269-PA.
  • Bratvold, Reidar B; Thomas, Philip; Begg, S.H. (2014). Robust Discretization of Continuous Probability Distributions for Value-of-Information Analyses. IPTC; 2014-12-10 - 2014-12-12.