Resolving reservoir uncertainty to create value

JPT, Journal of Petroleum Technology

Volumn 52, Issue 8, 2000, Pages 52-59

  Chorn, Larry G ^a   Croft, Michael ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

COST EFFECTIVENESS; DATA REDUCTION; EFFICIENCY; NATURAL RESOURCES EXPLORATION; RISK MANAGEMENT;

DISCOUNTED-CASH-FLOW (DCF) ANALYSIS; INVESTMENTS; NET PRESENT VALUE (NPV);

PETROLEUM RESERVOIR ENGINEERING;

EID: 0342954824     PISSN: 01492136     EISSN: None     Source Type: Journal    
DOI: 10.2118/65058-jpt     Document Type: Article

References (4)

1. Kulatilaka, N. and Marcus, A.J.: "Project Valuation Under Uncertainty: When Does DCF Fail?," Continental Bank J. Applied Corporate Finance (1992) 5, No. 3, 92.
2. Dixit, A.K. and Pindyck, R.S.: Investment Under Uncertainty, Princeton U. Press, Princeton, New Jersey (1994).
3. Lohrenz, J. and Dickens, R.N.: "Option Theory for Evaluation of Oil and Gas Assets: The Upsides and Downsides," paper SPE 25837 presented at the 1993 SPE Hydrocarbon Economics and Evaluation Symposium, Dallas, 29-30 March.
4. Chorn, L.G. and Carr, P.P.: "The Value of Purchasing Information To Reduce Risk in Capital Investment Projects," paper SPE 37948 presented at the 1997 SPE Hydrocarbon Economics and Evaluation Symposium, Dallas, 16-18 March.