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Keywords: judgment
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Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the Hydrocarbon Economics and Evaluation Symposium, April 1–3, 2007
Paper Number: SPE-107852-MS
... Abstract Even with unbiased judgments and project calculations, an insidious bias will still be present in an approved projects portfolio. The screening and ranking process used to select projects causes an optimizer's curse effect (Smith and Winkler, 2006). A portfolio's true outcome value...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Symposium on Petroleum Economics and Evaluation, March 8–9, 1971
Paper Number: SPE-3312-MS
... Upstream Oil & Gas President conservation sufficient incentive Engineer judgment Drilling Texas economist Houthakker operator US government consumer Railroad Commission incentive frequent interview Legislature regulation news media Tunnell, Byron, Railroad Commission...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the Petroleum Economics and Valuation Conference, March 29–30, 1956
Paper Number: SPE-637-G
... commission Upstream Oil & Gas gas industry public interest natural gas asset and portfolio management formula operation field price utility cost independent producer supply side initial decision base-utility cost phillips decision regulation judgment rate base-utility cost testimony...