... to dissipation of management energy and focus. Abstract Alianza Casabe, a Technical Collaboration venture between Ecopetrol and Schlumberger in Colombia, was finding that ensuring data integrity between the planning, finance and economic models being used by different stakeholders for investment decisions...

... analytical model with a new surface model and economic evaluation model developed specifically for this purpose. The integration of the sub-surface, surface, and economic models allows for the optimization of input parameters simultaneously across the models to maximize the NPV of the entire project...

... framework is structured so that some decisions are independent of the simulation model, and those decisions are rapidly optimized within the economic model. We introduce a fracture efficiency factor which may be important for modeling the diminished performance observed as the number of stages increase...

... speed ignore the unintended consequences of excessive speed. "Aggressive schedule," the term we will use, kills the economics of projects because it degrades the expected outcomes for capital cost and production. schedule aggressiveness megaproject npv project management economic model...

... intelligence, 2) generation of an improved technical or commercial story, including use of an appropriate economic model for the fiscal regime, and 3) capability to provide the relevant information, including workstation projects whenever pertinent or possible, in a timely, convenient manner. A detailed...