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1-13 of 13
Keywords: decision support system
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Proceedings Papers
Comparing the Results of an Exploration Portfolio Optimized Using Utility Theory Versus the Kelly Criterion
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IAEE Hydrocarbon Economics and Evaluation Symposium, May 17–18, 2016
Paper Number: SPE-179972-MS
..., 2006 ) and described in the book "Fortune’s Formula" by Poundstone (2005) . decision support system Portfolio analysis Kelly method strategic planning and management portfolio optimization investment Artificial Intelligence Upstream Oil & Gas Cozzolino method formula optimum...
Proceedings Papers
Perspectives on Risk: Balancing Considerations of Financial and Operational Risks in E&P Decisions
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, May 19–20, 2014
Paper Number: SPE-169868-MS
... of financial implications and performance critical to company success. Background portfolio optimization constraint inventory stochastic portfolio analysis decision support system asset and portfolio management Upstream Oil & Gas metric acquisition investment assessment consideration...
Proceedings Papers
Make Better Decisions
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, May 19–20, 2014
Paper Number: SPE-169846-MS
... upstream managers assess investments, toward an approach that incorporates decision analysis tools and techniques with integrated dynamic planning systems. Case study examples are provided to illustrate key principles. Artificial Intelligence investment decision maker decision support system...
Proceedings Papers
Maximizing Portfolio Value with Specified Assurance
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 3–5, 2005
Paper Number: SPE-94438-MS
Proceedings Papers
An Integration of Real Options and Utility Theory for Evaluation and Strategic Decision-Making in Oil Development and Production Projects
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 3–5, 2005
Paper Number: SPE-94665-MS
... investment option preference theory investment asset and portfolio management artificial intelligence npv simulation equation production project real option risk tolerance decision support system project volatility investment cost cash flow volatility rav upstream oil & gas decision...
Proceedings Papers
Balanced Scorecard Linked to Shareholder Value: Making the Numbers Count
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 3–5, 2005
Paper Number: SPE-94539-MS
... rate investor strategy map share price forecast norton market capitalization discount risk management harvard business review spe 94539 decision support system earnings 0 Balanced Scorecards Decision support system software and management consulting have flocked to a new specialty...
Proceedings Papers
Decision Mapping - A Practical Decision Analysis Approach to Appraisal & Development Strategy Evaluations
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 5–8, 2003
Paper Number: SPE-82033-MS
... and management information decision key uncertainty upstream oil & gas evaluation perfect information artificial intelligence information alternative decision problem decision support system appraisal well location well location decision tree learning development decision development concept...
Proceedings Papers
Integrated Prospect Portfolio Management for 3D Seismic Volumes Combining Geologic, Engineering, and Economic Risk
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 5–8, 2003
Paper Number: SPE-82017-MS
... tools such as spreadsheets and Monte Carlo simulation software. standard deviation risk tolerance probability distribution asset and portfolio management covariance deviation portfolio analysis upstream oil & gas decision support system certainty equivalent investment monetary value...
Proceedings Papers
Integrating Technological and Financial Uncertainty for Offshore Oil Exploration: An Application of Multiobjective Decision Analysis
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 2–3, 2001
Paper Number: SPE-68579-MS
... petroleum exploration characteristic oil exploration tradeoff decision support system application spe 68579 upstream oil & gas water depth offshore oil exploration nepomuceno spe 68579 strategic planning and management logistic curve utility function petroleum engineer exploration...
Proceedings Papers
Discovering Real Options in Oilfield Exploration and Development
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 21–23, 1999
Paper Number: SPE-52956-MS
... openframing real option approach valuation effort risk management petroleum engineer decision support system wholly-owned subsidiary society spe 52956 justin claey spe 52956 figure 6 discovering real option applied decision analysis llc drilling operation development justin claey Introduction...
Proceedings Papers
Portfolio Modeling: A Technique for Sophisticated Oil and Gas Investors
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 11–12, 1991
Paper Number: SPE-22016-MS
... and the goals of the oil and gas investor. It is believed that from this illustration investors will be able to effectively apply portfolio modeling as a tool to optimize their own selection of petroleum investments. artificial intelligence decision support system asset and portfolio management...
Proceedings Papers
A Simplified Utility Framework For the Analysis of Financial Risk
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Economics and Evaluation Symposium, February 21–26, 1977
Paper Number: SPE-6359-MS
... planning and management Upstream Oil & Gas financial risk decision support system Game Theory utility theory Artificial Intelligence portfolio utility framework risk management possible outcome risk profile random variable probability distribution decision maker risk preference operator...
Proceedings Papers
Expected Value A Logic for Decision Making
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Symposium on Petroleum Economics and Evaluation, March 8–9, 1971
Paper Number: SPE-3327-MS
... criteria, such as the firm's asset position, corporate objectives, etc. P. 87 risk management criteria strategic planning and management Upstream Oil & Gas Drilling Prospect decision support system possible outcome monetary value decision maker prospect Computation producer...