... Weigang Zhangdian Xinjiang Huoshaoshan Caiman Shaman Qigu Qinghai Huatugou Wunan Nanbaxian Yanchang Dingbian Xiqu Wuqi Huadong Yaoyingtai Caoshe Jidong Gaoshangbao Integrated evaluation and sorting of reservoirs suitable for CO₂-EOR...

... and engineers could use a combination of single outcomes, scenarios, decision tree expected outcomes, best estimates or weighted averages combined into an evaluation of the economic benefits of the project ( Schulze et al. 2012 ). A majority of complex subsurface characterizations would then get reduced...

...-evaluations. While the implementation is ongoing, initial results are promising. High profile investments have been framed and several more investment decisions have been earmarked for framing and analysis using these new processes and tools. The types of decisions being impacted most by these changes...

... The desire for acquisitions is driven by several issues. Anacquirer’s needs and restrictions should be quantified and matched to the set of acquisition opportunities. Screening the set should yield a reasonable number of candidates for further consideration that is small enough to evaluate...

... Abstract The development of any hydrocarbon resource should be planned to maximize the net present value (NPV) of the asset to stakeholders, subject to any imposed constraints. For example, in the evaluation of a single oil or gas well on primary production, assuming no additional constraints...

... to improve the Citrix and web based process which will also be discussed. reserves replacement supplemental data information producer production company evaluation firm citrix asset and portfolio management evaluation process company staff evaluation software application upstream oil...

... Holding BASF Group Company Explanation of definitions Abandonment regulations Process of evaluation and execution of the abandonment laws and regulations, which the project is underlying to work in the legal frame of the specific country. Abandonment Process of planning, material...

... Abstract Many integrated evaluation teams use stochastic simulation only to estimate cumulative probability resource curves for exploration assets. Three deterministic cases are then anchored to P90-P50-P10 points of the curve and serve as the basis for in-depth engineering and exploration...

... Abstract This paper presents the methodology and technical solutions used to perform an evaluation of Gas Resources for two coalbed methane (CBM) projects in former coal mining basins in the North and East of France. These assessed gas volumes constitute one of Europe's important reported coal...

... makers will make better informed choices regarding development and portfolio decisions. Added Value: Increased frequency in evaluations and reviews, allows engineers to recognize opportunities for improvement and identify problems sooner. Time Management: Continuously updating and reviewing...

... data, but the amount evaluation work was very huge. In the process of polymer flooding evaluation, there exists much uncertainty on the basic data (such as reservoir parameters, economic parameters, etc.) which leads the final evaluation result and decisions to make will have great risk. Current...

... Abstract Deriving a risked development plan for a resource play has typically involved looking at several development scenarios and well counts separately and then tying these together in some form of decision tree approach to come up with the total risked evaluation. This approach often causes...

... while minimizing requirements in the long-term, minimizing risk and manging uncertainties. Artificial Intelligence nikolaou information Upstream Oil & Gas optimization problem SPE paper modeling Exhibition requirement cullick Rodriguez Surface FacIlity evaluation economics...

... reservoir. The likelihood of commercial production is a primary uncertainty in these plays, resolved in part by drilling pilot (appraisal) wells. The need to understand the range of potential for commercial realization places a heavy burden on the economic evaluation process. This requires maximum insight...

.... With multiple opportunities to evaluate, companies will quickly exit deals if they determine the time needed to evaluate the farm-in is too long. Information supplied by the company farming out must be clear, concise, credible, and complete. For farm-out opportunities, reserve reports performed to SPE...

... variance rav strategic planning and management owi working interest risk tolerance country risk chance factor art rev evaluation portfolio optimization farminee pvf value uncertainty prospect evaluation parameter Introduction Decision-making theory states that when choosing between...

... enough financial performance to justify information or data gathering. The latter represents a common barrier to identify appropriate investment opportunities in a particular or a portfolio of reservoirs. This paper describes an approach to perform an economic evaluation of EOR projects based on advance...

... for risk and the influence of interest rates on discount rates. investment us government energy economics petroleum industry equity return property valuation evaluation upstream oil & gas asset and portfolio management prime rate capital boe banking & finance inflation wacc...

... a more sophisticated and strategic direction. State-of-the-art technology integrates optimization and simulation techniques into a global system that guides a series of evaluations to reveal truly optimal investment scenarios. Specifically, the new optimization techniques use an evolutionary approach...

... evaluation or sub-optimization of the project is great. Key to accomplishing the goal of maximizing discovered asset value is the development of an appropriate appraisal and delineation strategy – ideally, geared toward gathering information, which adds value by optimizing development strategy selection...