... Pilot Effectiveness Energy Economics asset and portfolio management complex reservoir reserves evaluation information type well lognormal distribution machine learning Project economics estimates of resource in place resource in place estimate variance threshold well distribution...

... to the production plan. This prevented continuous improvement of the production forecast, timely execution of CAPEX, and post-mortem evaluations, amongst other processes. Integrated Business Planning Platform (IBPP) asset and portfolio management Upstream Oil & Gas economic model Project economics...

... management investment appropriate discount rate capital capital structure Upstream Oil & Gas equity risk premium Project economics Volatility formula WACC discount rate development project valuation financing smaller company risk premium risk-free rate discount rate earnings society...

..., and/or involve large abandonment liabilities pending in the short-term or long-term -- and to parties who issue or otherwise use PRMS standard valuations. Project economics calculation prm guideline NPV Upstream Oil & Gas cash outflow Capex asset and portfolio management cash flow ELT...

... of completion planning. The workflow utilizes information from fracture modeling, production data analysis, and project economics to quantify the relationship between the key input parameters of the well completion (e.g. pumping rate, proppant and fluid pumped) and expected profitability expressed in net...

... of this paper. Project economics government Upstream Oil & Gas government incentivize investment project valuation fiscal incentive Field Allowance small field allowance exploration BOE norwegian continental shelf UKC allowance Norway continental shelf asset and portfolio management...

... management risk component mcvay Pvocf efficient frontier curve Portfolio analysis decision error NPV true distribution optimism portfolio dossary project economics project valuation directional bia optimization risk management portfolio optimization Introduction The oil and gas...

... learning Project economics investment PECE module forecast economic evaluation reserves evaluation variation NPV oil price production forecast contribution offshore field probabilistic approach noise Standard Deviation Introduction The estimate of a project's NPV is one of the main...

... and portfolio management Upstream Oil & Gas user specify Project economics tax shield prospect purchase price tax rate petroleum system probability distribution exploration stochastic techno-economic model consideration exploration well NPV abandonment exploratory prospect tax implication...

... through one or more stages of the project, effectively shouldering the latter's share of costs. In this way, the ‘carry’ resembles a loan to the NOC by the contractor. Like any other loan, this has financial implications, and can significantly impact the contractor's view of upstream project economics...

... their planning efficiency, reducing errors, and breaking out of the same painful cycle they had experienced in previous years. Artificial Intelligence project valuation investment scenario planning & scheduling Project economics different scenario business planning asset and portfolio...

... for more or less effective decisions, but also can be used to assess the value of information. Application is illustrated with an assessment that is used to support the decision to enter a shale gas resource play. artificial intelligence machine learning energy economics project economics complex...

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

... and diversified portfolio and drive better decisions in the capital allocation process. project economics upstream oil & gas artificial intelligence portfolio optimization asset development plan information management portfolio analysis constraint asset and portfolio management project...

... type well evaluator percentile type well production control project economics reserves evaluation sequence bias production rate historical data forecast Introduction This paper will explore how to create type wells that are accurate in producing a representative forecast and also...

... reduce model development time and highlight critical terms for profitable outcomes, freeing stakeholders to focus on decision making and implementation strategies rather than building models. project economics profit oil term structure artificial intelligence upstream oil & gas royalty...

... of petroleum engineers spe 130172 npv portfolio analysis frontier asset and portfolio management correlation upstream oil & gas project valuation project economics Introduction One of the most important ideas in finance, pioneered by Markowitz (1999) , is the efficient frontier, showing...

... country project economics model 1 geology upstream oil & gas government take energy economics economic modeling supply and demand pricing market analysis government draft law supply and demand forecasting asset and portfolio management incentive host government equitable sharing...

... of a fiscal policy with the objective of optimizing the HG’s take while providing an acceptable contractor’s ROR. project economics npv exploration period contractor price scenario fiscal term calculation ncf asset and portfolio management taxable income agreement revenue upstream oil...

... period of three years is considered, while a 10% net-back on product sales is incorporated to account for the cost of natural gas feedstock. Monte-Carlo simulation is utilized to run sensitivity analysis, incorporating the probabilistic approach, to generate insightful scenarios on the project economics...