HINTERHUBER, HANS, Member AIME, AGIP SpA, Direzione Mineraria, San Donato, Milan, Italy

This paper was prepared for the European Regional Meeting of the Society of Petroleum Engineers of AIME, to be held in Milan, Italy, April 4–6, 1968. Permission to copy is restricted to an abstract of not more than 300 words. Illustrations may not be copied. The abstract should contain conspicuous acknowledgment of where and by whom the paper is presented. Publication elsewhere after publication in the JOURNAL OF presented. Publication elsewhere after publication in the JOURNAL OF PETROLEUM TECHNOLOGY or the SOCIETY OF PETROLEUM ENGINEERS JOURNAL is PETROLEUM TECHNOLOGY or the SOCIETY OF PETROLEUM ENGINEERS JOURNAL is usually granted upon request to the Editor of the appropriate journal, provided agreement to give proper credit is made. provided agreement to give proper credit is made. Discussion of this paper is invited. Three copies of any discussion should be sent to the Society of Petroleum Engineers office. Such discussion may be presented at the above meeting and, with the paper, may be considered for publication in one of the two SPE magazines.

Abstract

This paper will:

  1. develop certain basic concepts about the nature of cybernetics,

  2. show how these relate to the management by systems,

  3. demonstrate how management by systems applies to the most efficient operation of petroleum exploration and production, and

  4. suggest some possible exploration strategies for use at possible exploration strategies for use at different management levels.

Introduction

The vast growth in size, complexity, and diversity of operations of the modern petroleum company has made the managerial petroleum company has made the managerial function exceedingly difficult, but even more essential to the success of the enterprise. Modern petroleum exploration and production is characterized by its ever-increasing specialization, necessitated by the enormous amount of data, the complexity of techniques and of theoretical structures within every field.

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