1-20 of 39
Keywords: objective
Close
Follow your search
Access your saved searches in your account

Would you like to receive an alert when new items match your search?
Close Modal
Sort by
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, May 19–20, 2014
Paper Number: SPE-169830-MS
... value. Assessments often uncover unexpected paths to better performance. The objective of an assessment is to identify and articulate the organization’s operational vision (different than broad IT or engineering objectives) and follow a structured approach to uncover and identify how DE initiatives can...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, May 19–20, 2014
Paper Number: SPE-169849-MS
... this, multiple well objectives are set prior to the start of drilling operations. Then, in many cases, a geosteering approach is implemented to help operators achieve these objectives. While the geosteering approach has a number of clear strengths and benefits, the efficiency of the current approach of using...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, May 19–20, 2014
Paper Number: SPE-169868-MS
... it possible to assess each decision or opportunity in the context of company objectives, normalizing disparate risk measures into a common frame of company impact. Financial considerations and drivers that are key to the CFO may be assessed and optimized in tandem with consideration of drilling delays, dry...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 8–9, 2010
Paper Number: SPE-129259-MS
... Abstract The process of portfolio optimization provides guidance to decision makers on how to manage an asset base given corporate objectives, market conditions, and organizational capability. Many applications in the oil and gas industry are based upon Markowitz’s efficient portfolio theory...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 8–9, 2010
Paper Number: SPE-129566-MS
... inputs. Ideally, operators desire workflows and tools that integrate reservoir engineering and optimization principles in a fast-solving model that can be used to explore the full range of the uncertain inputs. This need is acute in the screening and concept selection stage where the primary objective...
Proceedings Papers

Paper presented at the Hydrocarbon Economics and Evaluation Symposium, April 1–3, 2007
Paper Number: SPE-106553-MS
... as functional managers’, goals and performance evaluations must align with project business objectives or individuals will focus on their internal department objectives. Step 6 – Remove Work Process Barriers Our initiative is like a seed planted in a thistle patch. If we don’t clear the surrounding...
Proceedings Papers

Paper presented at the Hydrocarbon Economics and Evaluation Symposium, April 1–3, 2007
Paper Number: SPE-107709-MS
... on the company objectives. The third application explains the use of portfolio optimization to manage and drive the company strategy. Using these methods, management could manage acquisitions and divestures in a proactive way, set realistic goals and objectives. As a result, management gain more control...
Proceedings Papers

Paper presented at the Hydrocarbon Economics and Evaluation Symposium, April 1–3, 2007
Paper Number: SPE-108053-MS
... & Gas correlation objective lognormal distribution business simulation software asset and portfolio management unconventional resource economics exposure iteration full field development probabilistic approach evaluation spreadsheet society of petroleum engineers complex reservoir spe...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 3–5, 2005
Paper Number: SPE-94539-MS
.... And credible forecasts are generated from a Monte Carlo simulation of the company, industry, and economic environment. The BSC process merges "management by objectives" with the "system dynamics" modeling approach. System dynamics offers the best process for enterprise modeling, yet this link is generally...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 3–5, 2005
Paper Number: SPE-95164-MS
... are thoroughly explored. asset and portfolio management strategic planning and management performance reporting architecture objective software server management forecast requirement operator communication portfolio optimization performance objective application spe 95164 upstream oil...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 5–8, 2003
Paper Number: SPE-82001-MS
... stochastic descriptions provide adequate representations of the projects for portfolio modeling, particularly when multiple objectives and large numbers of projects are being evaluated. The model developed is based on actual economic cases, representing a wide variety of typical E&P investment...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 5–8, 2003
Paper Number: SPE-82005-MS
... capex complexity spe 82005 portfolio optimization investor upstream oil & gas return metric asset and portfolio management objective d&ra expenditure annual technical conference risk management budget constraint reserves evaluation deviation figure 1 artificial intelligence...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 5–8, 2003
Paper Number: SPE-82041-MS
... and objectives. On average, and with a highly significant confidence interval, the empirical results indicate that the responsiveness of production quota to capacity, crude oil prices, reserves and other determinants are relatively small but inelastic. The empirical results also show the contemporaneous nature...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 5–8, 2003
Paper Number: SPE-82021-MS
... optimization problem optimization procedure scheduling injection upstream oil & gas water injection schiozer stagg reservoir simulation asset and portfolio management representative model simulation geological uncertainty artificial intelligence objective characteristic npv evaluation...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 2–3, 2001
Paper Number: SPE-68586-MS
... in positive bottom-line impacts, we still have not determined if these returns are adequate. Adequacy is determined by measurement against defined goals and objectives. One possible objective for this investment is that it is required of good corporate citizens, "feels good" and is beyond reproach like...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 2–3, 2001
Paper Number: SPE-68579-MS
.... The proposed model can provide significant insightinto petroleum exploration and guide managers to better investment decisions aswell as provide information to decision makers regarding the efficiency oftechnological gain at the firm level. investment objective risk management operation petroleum...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 2–3, 2001
Paper Number: SPE-68573-MS
... classification volumetric uncertainty mckelvey box spe 68573 definition reserves evaluation objective terminology spe wpc aapg resource definition category information petroleum engineer wpc aapg resource classification system asset and portfolio management society Introduction...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 2–3, 2001
Paper Number: SPE-68584-MS
... and business disciplines that impact the investment decision. The process enables a team to intensively collaborate for two to three weeks in one room to meet a common objective. They work in parallel, and produce several shared earth models, multiple reservoir simulations, numerous surface facility...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 21–23, 1999
Paper Number: SPE-52962-MS
..., are currently unavailable. This paper presents two new methods that begin to address the unique economic evaluation requirements of gas storage well deliverability enhancement. The first method is for application when the objective is to minimize the cost of maintaining deliverability, and the second when...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 16–18, 1997
Paper Number: SPE-37954-MS
... of "alliance contracting" with the contractors for design, fabrication and installation of the facilities and for the development drilling. monan objective upstream oil & gas installation society of petroleum engineers contractor ownership strategic planning and management marginal field...

Product(s) added to cart

Close Modal