... The project economic indicators of a gas field development which has a marginal reserve and high development costs will be modeled on a milestone basis, i.e. first year, second year and third year milestones as per the duration of development project. This type of economic model is analyzed...

... Intelligence platform optimization problem reservoir sequence objective function Reservoir Characterization constraint economic model application development plan variation development scenario requirement Malay Basin co 2 sequence Development Planning vasantharajan sale gas decision...

... an iterative approach based on the oil recovery curve as the decision-making variable. No project profitability measures (economic model) were included in the expert system. However, this method of optimization does not guarantee that the optimum design (based on the oil recovery) will yield an optimum project...

.... This paper explains the nature of these challenges and decisions, together with a methodology and tools which manage risk (while maximising NPV) and assist in the decision making process. field development optimization and planning option selection economic model probability npv elevation...