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Keywords: realistic forecast
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Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 8–10, 2012
Paper Number: SPE-155443-MS
..., this underdelivery resulted in eroded project economics and reputation damage with stakeholders. The challenge for the E&P industry is to ensure that project approvals are based on realistic forecasts (P 50 case). Modern technology has offered a paradigm shift in the amount of detail which can be included...