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Keywords: dependency
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Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 20–22, 2015
Paper Number: SPE-176396-MS
.... sustainability government saputra social responsibility investment bottleneck sustainable development Upstream Oil & Gas power plant dependency Indonesia availability energy subsidy requirement complex reservoir Energy Issue oil product electricity partnership society of petroleum...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, October 20–22, 2008
Paper Number: SPE-116395-MS
... Abstract Oil companies use statistical decision-making techniques, like portfolio analysis, to make more informed decisions and estimate resource volumes more accurately. In general companies using these techniques are more successful. Probabilistic aggregation and dependency estimation...
Proceedings Papers

Paper presented at the Asia Pacific Oil and Gas Conference and Exhibition, October 30–November 1, 2007
Paper Number: SPE-108947-MS
.... It is possible to model certain system components (e.g. compressors and pumps) in detail and very often this is required for identification of PSO (Production System Optimisation) opportunities. Depending on the application, for forecasting purposes and Monte Carlo simulation it is often not required to do...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil & Gas Conference and Exhibition, September 11–13, 2006
Paper Number: SPE-101152-MS
... Abstract Traditional investment decisions in the oil and gas industries ignore dependencies and interactions between parameters such as reserves, production and economics. In a previous paper 1 we have shown that for a single project the system stochastic approach better captures the impact...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, September 9–11, 2003
Paper Number: SPE-80436-MS
... is required. Proper accounting for dependencies among different risk factors is required, in order to evaluate the overall risk, the risked reserves distribution, and thus the economic value. The techniques can be extended to value a prospect portfolio, accounting for common or related risk elements...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, October 8–10, 2002
Paper Number: SPE-101939-STU
..., correlation relationship between dependent reservoir parameters will be represented better and more exactly with non-linear regression models. The "box" method is introduced in this research as an improved technique in handling these more accurate non-linear regression models compared to conventional method...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, October 16–18, 2000
Paper Number: SPE-64454-MS
..., at a given confidence level, is more correctly derived by probabilistic addition (PA) of the field UR's. As Probabilistic Addition requires the definition of the dependencies between the added elements, it is important that UR dependencies between fields are correctly estimated and incorporated...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, October 12–14, 1998
Paper Number: SPE-50113-MS
... of reserves such that the proved reserves correctly have a 90% chance of being exceeded at the project level. The approach takes into account the known dependencies between some of the assets. The result is an auditable process that underpins the handling of subsurface dependencies within a single project...

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