This article is a synopsis of paper SPE 59455, "The Application of Probabilistic and Qualitative Methods to Asset-Management Decision Making," by G.S. Simpson, SPE, F.E. Lamb, J.H. Finch, and N.C. Dinnie, U. of Aberdeen, originally presented at the 2000 SPE Asia Pacific Conference on Integrated Modeling for Asset Management, Yokohama, Japan, 25-26 April.

Keywords:
interview, reserv oir asset management, monte carlo technique, december 2000, decision analysis, current practice, decision-making technique, decision support system, portfolio theory, asset-management decision
Subjects:
Decision-making processes, Risk Management and Decision-Making
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2000. Society of Petroleum Engineers
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