... decision-making process and the management of the company’s exploration portfolio. Integrated exploration planning leads to significant improved overall portfolio revenue at reduced risk and costs. The proposed solution is applicable to any mid- to large-sized oil and gas company with a number...

... Abstract There are many ways to approach the valuation of an exploration portfolio. The most appropriate methodology will depend on the scale and complexity of the portfolio as well as time/resource constraints. An expected monetary value (EMV) approach based on success case discounted cash...

... engineering expertise. In this study, a large set of exploration portfolios and their attributes have been simulated. Through applying a series of simple and transparent filters, a few portfolios can be identified that meet all the corporate constraints. After a shortlist has been created, the portfolios can...

... oil & gas npv enpv investment efficiency project economics risk capacity project valuation prospect asset and portfolio management exploration portfolio comfort efficiency surplus risk factor chance factor exploration cost ranking exploration opportunity arco international oil...