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Keywords: strategic planning and management
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Proceedings Papers
The Consequences of New Sources of Capital for the Oil and Gas Sector
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IAEE Hydrocarbon Economics and Evaluation Symposium, May 17–18, 2016
Paper Number: SPE-179977-MS
... & Gas project management Acquisition and Divestiture Energy Economics supply and demand forecasting investment capital new source risk appetite investor nontraditional buyer consequence strategic planning and management asset and portfolio management nontraditional investor consideration...
Proceedings Papers
Comparing the Results of an Exploration Portfolio Optimized Using Utility Theory Versus the Kelly Criterion
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IAEE Hydrocarbon Economics and Evaluation Symposium, May 17–18, 2016
Paper Number: SPE-179972-MS
... the modified Kelly method. The Kelly Criterion is currently used for financial investment decisions ( Lee, 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...
Proceedings Papers
Maximising the Value of Unconventional Reservoirs by Choosing the Optimal Appraisal Strategy
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IAEE Hydrocarbon Economics and Evaluation Symposium, May 17–18, 2016
Paper Number: SPE-179960-MS
.... In each plot, a solid line indicates the linear relationship between the two variables, and the formula of the corresponding relationship is shown. strategic planning and management complex reservoir appraisal phase Artificial Intelligence payoff lognormal distribution unconventional resource...
Proceedings Papers
Impact of Geological and Facility Uncertainties on Strategic Drilling and Facility Decisions
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, May 19–20, 2014
Paper Number: SPE-169878-MS
... drilling, appraisal programs, and development of facilities for the Chinarevskoye field. asset and portfolio management Reservoir Characterization strategic planning and management investment full cycle economic analysis extension appraisal activity appraisal work total production Upstream...
Proceedings Papers
Digital Energy Assessment: The First Step Towards Operational Excellence
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, May 19–20, 2014
Paper Number: SPE-169830-MS
... Upstream Oil & Gas assessment digital energy project workflow energy assessment infrastructure society of petroleum engineers operational excellence Roadmap strategic planning and management digital energy initiative sample question project management interview application transformation...
Proceedings Papers
Make Better Decisions
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, May 19–20, 2014
Paper Number: SPE-169846-MS
.... Artificial Intelligence investment decision maker decision support system planning & scheduling information decision quality dynamic planning system project management Upstream Oil & Gas kosmos evaluation strategic planning and management decision tree Capital Allocation life cycle...
Proceedings Papers
Transforming Portfolio Optimization through Reengineered Processes and Technologies
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, May 19–20, 2014
Paper Number: SPE-169853-MS
... of petroleum engineers strategic planning and management opportunity catalog AIs project team Artificial Intelligence Upstream Oil & Gas information asset development community Chevron project management Background/History Oil and gas professionals are faced with the day-to-day challenge...
Proceedings Papers
The Transformation of an E&P Company's Approach to Asset Development
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, September 24–25, 2012
Paper Number: SPE-158960-MS
..., there is always some exploration work necessary strategic planning and management global project function responsibility execution health check workshop spe 158960 guideline project management project delivery system implementation project team sustainability exploration upstream oil & gas...
Proceedings Papers
Reining In the Data Junkies -- Having the Guts Not to Appraise
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, September 24–25, 2012
Paper Number: SPE-162903-MS
... reference recovery reservoir characterization spe 162903 assessment strategic planning and management upstream oil & gas development well prospect development plan earth model artificial intelligence information recovery reliability reference case voi analysis voi assessment perfect...
Proceedings Papers
The Economic Folly of Chasing Schedules in Oil Developments and the Unintended Consequences of Such Strategies
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, September 24–25, 2012
Paper Number: SPE-162878-MS
... strategic planning and management oil development database reservoir appraisal independent project analysis aggressive schedule production attainment upstream oil & gas unintended consequence schedule slip execution schedule cost growth Introduction Abstract Most oil and gas...
Proceedings Papers
Improving Exploration, Appraisal & Pilot Planning through Better Forecasting of Uncertainty Reduction via Reliability of Information Interviewing and Confidence Plots
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, September 24–25, 2012
Paper Number: SPE-159587-MS
.... machine learning upstream oil & gas misinterpret development well recovery artificial intelligence drillstem/well testing interview result risk management mmbo information strategic planning and management drillstem testing accuracy assessment appraisal program interpretation...
Proceedings Papers
Aligning E&P Organizations to Manage Large Capital Projects
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the Hydrocarbon Economics and Evaluation Symposium, April 1–3, 2007
Paper Number: SPE-106553-MS
... team strategic planning and management communication plan people john wray society of petroleum engineers capital project pete luan quick win objective team member team alignment asset and portfolio management westney consulting group barrier society delivery system organization never...
Proceedings Papers
Inevitable Disappointment in Projects Selected Based on Forecasts
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the Hydrocarbon Economics and Evaluation Symposium, April 1–3, 2007
Paper Number: SPE-107710-MS
... and portfolio management project selection IRR project management Upstream Oil & Gas calibration disappointment normal distribution selection criterion log-normal case society of petroleum engineers true value strategic planning and management hurdle value forecast capital budgeting...
Proceedings Papers
Reliability and Uncertainty in Reserves: How the Industry Fails, and a Vision for Improvement
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 3–5, 2005
Paper Number: SPE-94680-MS
... sea united states government reservoir simulation upstream oil & gas reserves replacement economics enhanced recovery spe 94680 hydrocarbon economic uncertainty reserves estimation society north america government variation strategic planning and management field demirmen...
Proceedings Papers
The Use of Risk Adjusted Values in Exploration Portfolio Management
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 3–5, 2005
Paper Number: SPE-94586-MS
.... upstream oil & gas rav trad portfolio analysis asset and portfolio management rav optimum working interest participant owi country risk evaluation portfolio optimization strategic planning and management working interest risk tolerance prospect evaluation parameter farminee pvf art...
Proceedings Papers
Resolving the Nightmare of Performance Reporting and Portfolio Management - A Web Based Approach
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 3–5, 2005
Paper Number: SPE-95164-MS
.... From specifications through rollout to E & P companies aspects of design and deployment are thoroughly explored. asset and portfolio management strategic planning and management performance reporting architecture management forecast requirement operator objective software server...
Proceedings Papers
Decision Mapping - A Practical Decision Analysis Approach to Appraisal & Development Strategy Evaluations
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 5–8, 2003
Paper Number: SPE-82033-MS
... hydrocarbon presence appraisal well development strategy strategic planning and management information decision key uncertainty upstream oil & gas evaluation perfect information artificial intelligence information alternative decision problem decision support system appraisal well location...
Proceedings Papers
Portfolio Management: What is the Contribution to Shareholder Value?
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 5–8, 2003
Paper Number: SPE-82031-MS
... and portfolio management upstream oil & gas strategic planning and management assumption diversification spe 82031 market analysis investor portfolio analysis shareholder value artificial intelligence calculation portfolio optimization discount rate correlation energy economics project...
Proceedings Papers
Subsurface Appraisal: The Road From Reservoir Uncertainty to Better Economics
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 2–3, 2001
Paper Number: SPE-68603-MS
... development appraisal effort development plan strategic planning and management upstream oil & gas npv emv 1 base-case development development scenario economics consequence reserves evaluation uncertainty high project valuation voi ferruh demirmen spe 68603 enhanced recovery society...
Proceedings Papers
Integrating Technological and Financial Uncertainty for Offshore Oil Exploration: An Application of Multiobjective Decision Analysis
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 2–3, 2001
Paper Number: SPE-68579-MS
.... investment objective risk management construction operation petroleum exploration characteristic oil exploration tradeoff decision support system application spe 68579 upstream oil & gas water depth offshore oil exploration nepomuceno spe 68579 strategic planning and management logistic...
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