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Article Reprints |
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By Milko Binza Moussirou and Victor Koosh, July 2008
Reprint from Harts E&P
Shell Exploration and Production seeks to reduce time without sacrificing understanding in front-end planning. In its pursuit to move faster and lead the industry in global E&P technology, Shell has targeted specific front-end planning processes for improvement and has turned its attention toward integrative opportunity planning across all subsurface, surface, and economic planning domains. This article describes how PetroVR software is being deployed at Shell and how necessary organizational workflow changes are being facilitated.
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By Jeff Tomlinson, and Victor Koosh, November 2007
Reprint from Harts E&P
Today’s uncertain business environment demands a change in strategic investment decision making from the processes of the past 50 years. Integrated business simulation is being employed to increase the accuracy and reliability of E&P forecasts. Similar to technical reservoir simulation, robust business simulation software can be used to model the complex, interdependent aspects of an upstream project and result in more reliable asset planning. Case study included.
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Do Your Upstream Forecasts Miss the Mark?
Questions you can ask to increase the reliability of E&P forecasts
By Donald Zmick and Alex Jok, October 2007
Reprint from Oil & Gas Finance Journal
This article describes flaws that occur in E&P asset planning, which can undermine the accuracy and credibility of forecasts. It provides financial managers and decision makers with key questions to ask to improve the quality of forecasts.
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Risk Management Solutions Roundup
September 2007
Reprint from Upstream Technology magazine
In this risk management article, Upstream Technology emphasized that energy industry risk complexity has escalated in recent years and energy companies must respond with enhanced decision-making processes, supported by more robust software and more transparent documentation and reporting.
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Value of Information
By Torben Riis, 1999
Reprint from Hart's Petroleum Engineer International
Basic introduction to Value of Information concepts and demonstrates in an example how PetroVR can be used to quantify the value of shooting seismic in an exploration situation.
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Probabilistic Development Modeling
By Jerry Blinten and Torben Riis, 1998
Reprint from Hart's Petroleum Engineer International
Overview of requirements for oil field development modeling risk analysis, including an example of an FSU waterflood opportunity where PetroVR was employed. |
