..., 2006 ) and described in the book "Fortune’s Formula" by Poundstone (2005) . strategic planning and management portfolio optimization investment Artificial Intelligence Upstream Oil & Gas decision support system Portfolio analysis Cozzolino method capital Kelly Criterion Kelly...

... of exploration opportunities. asset and portfolio management portfolio assessment Artificial Intelligence Upstream Oil & Gas value assessment evaluation dependency portfolio optimization constraint optimized exploration planning machine learning Portfolio analysis cash flow probability...

.... planning & scheduling Commodity Price cash flow portfolio optimization investment approximation oil price Scenario portfolio model strategic issue Artificial Intelligence Portfolio analysis constraint debt covenant downside exposure society of petroleum engineers integration...

... discovery prospect mean value drilling programme dependency Mmstb Portfolio analysis Monte Carlo simulation programme EMV exploration portfolio iteration hydrocarbon economics NPV probability development cluster probabilistic approach Introduction The Prospective Resource potential...

... maintaining the current project value. asset and portfolio management risk component mcvay Pvocf Portfolio analysis decision error NPV portfolio optimization risk-tolerance limit vector disappointment Standard Deviation efficient frontier curve true distribution optimism Artificial...

... Portfolio analysis Artificial Intelligence Upstream Oil & Gas portfolio optimization asset investment solution asset and portfolio management business planning Implementation business planner society of petroleum engineers information asset development community Chevron project...

...Stochastic Portfolio Analysis The basic steps involved in developing a stochastic portfolio model are not overly complex, but some structure and discipline is required to avoid inefficient models and wasted efforts. Detailed descriptions of stochastic portfolio modeling techniques are widely...

... gas producer portfolio analysis deviation short position spe 162729 arbitrage opportunity portfolio optimization optimal portfolio producer weighting asset and portfolio management energy stock super major stock efficient frontier method lowest standard deviation variance covariance...

... project valuation business planning information management portfolio analysis investment operational constraint expenditure asset development plan resource constraint business unit opportunity capture corporate strategy spe 162748 capital investment constraint dependency asset team...

..., resource and value assessments. project economics upstream oil & gas fractile evaluation asset and portfolio management portfolio analysis simulation npv project valuation engineering asset evaluation discretization shortcut mindset delta prospect closure society of petroleum...

... probability spe 129259 portfolio analysis decision maker asset and portfolio management williger efficient portfolio Introduction Securing a viable future for any business starts with the definition of aspirations and the development of achievable objectives. The chosen goals will reflect...

... 130172 npv portfolio optimization portfolio analysis Introduction One of the most important ideas in finance, pioneered by Markowitz (1999) , is the efficient frontier, showing how careful selection of an investment portfolio can minimize risk for a specified expected return. Oil and gas...

... and insight over the company future. asset and portfolio management portfolio Artificial Intelligence Upstream Oil & Gas Portfolio analysis portfolio optimization constraint objective expenditure constraint application risk measure efficient frontier expenditure portfolio npv efficient...

... (Capen, Clapp and Campbell, 1971) experienced in competitive bidding and how it affects bid optimization. portfolio optimization information true value Artificial Intelligence Upstream Oil & Gas prospect machine learning Portfolio analysis assessment judgment disappointment...

... measure supply and demand pricing optimization problem investment variance utility function spe 107708 Scenario ENPV probability portfolio npv reservoir Artificial Intelligence Portfolio analysis constraint tolerance efficient frontier risk tolerance negative npv Introduction...

... value quantitative model timeframe reserves replacement inventory portfolio analysis upstream oil & gas industry consolidation efficiency market capitalization asset inventory cycle reserve replacement Introduction Asset portfolio management offers the opportunity to manage...

... of the opportunities and selected economic evaluation method for these opportunities are described. In the second section, real time portfolio analysis and its details are defined. The third section describes the optimization methodology and the fourth section gives three cases and the results of portfolio...

... bonuses, cash equivalents for farm-ins, and more esoteric effective purchase prices, like biddable fiscal terms) are substantially less than those that generate break-even EPV. upstream oil & gas rav trad portfolio analysis asset and portfolio management optimum working interest participant...

... portfolio analysis portfolio optimization recovery ring fence provision fiscal variable proper ring fencing ring fencing royalty license fencing ring fenced calculation project valuation Introduction Ring fence provisions are either directly or indirectly specified in every petroleum...