.... portfolio optimization investment approximation portfolio model planning & scheduling Commodity Price cash flow oil price asset and portfolio management Upstream Oil & Gas strength metric Artificial Intelligence planning process price adjustment Scenario integration Portfolio...

..., 2006 ) and described in the book "Fortune’s Formula" by Poundstone (2005) . decision support system Portfolio analysis Kelly method strategic planning and management portfolio optimization investment Artificial Intelligence Upstream Oil & Gas Cozzolino method formula optimum...

... of subsurface risk and uncertainty linked with the quantification of potential hydrocarbon recoverable ranges, economic analysis across different fiscal regimes and stochastic portfolio optimization. The paper will then look at optimizing a sample set of exploration opportunities and examine the results...

... to decision makers or investors than the current practice of a single expected value. Portfolio analysis Monte Carlo simulation programme asset and portfolio management reserves evaluation Simulation prospect EMV portfolio optimization portfolio discovery drilling programme Artificial...

... of financial implications and performance critical to company success. Background portfolio optimization constraint inventory stochastic portfolio analysis decision support system asset and portfolio management Upstream Oil & Gas metric acquisition investment assessment consideration...

... on the optimization of oil and gas portfolios, taking into consideration the risk of each project. A model has been developed to perform portfolio optimization using Markowitz's theory. In this study, portfolio optimization has been performed in the presence of different levels of overconfidence and directional bias...

... Examine results and gained benefits Proposed model for integrated planning framework Results & Observations: Improved efficiency of portfolio optimization was significant, optimization time went from several weeks to days Portfolio optimization process was more fluid and responsive...

..., resource and value assessments. project economics upstream oil & gas fractile evaluation project valuation engineering asset evaluation closure discretization shortcut asset and portfolio management portfolio analysis simulation npv portfolio optimization mindset society...

... constraints from the business unit down to the asset team. It will result in a more balanced and diversified portfolio and drive better decisions in the capital allocation process. project economics upstream oil & gas artificial intelligence portfolio optimization asset development plan...

... gas producer short position portfolio analysis deviation spe 162729 arbitrage opportunity standard deviation portfolio optimization optimal portfolio producer weighting variance covariance matrix asset and portfolio management energy stock super major stock efficient frontier method...

... selection can be accomplished by use of the Solver capability within Microsoft Excel. probability project portfolio downside decrease risk standard deviation only project efficient frontier probability distribution jackpot portfolio optimization upside portfolio careful selection society...

... 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...

... measures are compared, and contrasted with results of widely used ranking procedures that ignore risk. Energy Economics asset and portfolio management supply and demand pricing market analysis Artificial Intelligence portfolio optimization supply and demand forecasting optimization problem...

... centered on the methods to perform portfolio optimization. However, the greatest value added by portfolio optimization is not in the optimization itself, but on the use of the results as an aid to decision making. Unfortunately, little research has been done on this behalf. This paper proposes a new...

... information in project or asset evaluation, portfolio optimization, and competitive bidding. The premise of our approach to correct for optimizer's curse is straightforward enough, though implementing this method requires judging the population of evaluated projects—or at least assessing the shape...

... with no sliding scales in any of their tax or production sharing contract terms will almost always enhance the value of the portfolio. scenario income tax project economics npv asset and portfolio management portfolio optimization upstream oil & gas spe 94631 variation npv proper ring fence...

..., as well as those who grew organically over the last two decades. The article reports on a refined model framework and demonstrates its predictive abilities. reserve inventory size portfolio optimization asset and portfolio management indicator quantitative model timeframe reserves replacement...

... Proposal The main focus of most portfolio optimization tools in the E&P industry is to determine the efficient frontier by defining risk and return measures and then selecting one of the portfolios along the curve as the most appropriate portfolio for a given set of conditions...

... Abstract Linear Programming approaches to Portfolio Optimization require much effort to "teach the computer" the Petroleum Business. We must described to the optimization program the costs, potential rewards, and uncertainties of every investment opportunity. For an optimizer to generate...

... working interest participant owi country risk evaluation portfolio optimization strategic planning and management working interest risk tolerance prospect evaluation parameter farminee pvf art rav owi variance value uncertainty spe 94586 chance factor art rev risk adjusted value...