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Keywords: timing estimation
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Proceedings Papers
Upstream Oil and Gas Project Development Timing
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the International Oil and Gas Conference and Exhibition in China, June 8–10, 2010
Paper Number: SPE-130008-MS
... ( Malkiel 1973 ), which states that the past movement or direction of the price of a stock or overall market cannot be used to predict its future movement. Operators have optimistic bias in their own project development timing estimation, and this becomes one of the major causes of project delays...
