Better valuation of future information under uncertainty

Proceedings - SPE Annual Technical Conference and Exhibition

Volumn 6, Issue , 2006, Pages 3653-3661

  Prange, M ^b   Armstrong, M ^a   Bailey, W ^b   Couet, B ^b   Djikpesse, H ^b   Wilkinson, D ^c   Gallig, A ^a  

^a CERNA   (France)

^b SCHLUMBERGER DOLL RESEARCH   (United States)

^c 30 Copper Square Dr   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

COMPARTMENTALIZATION; MULTIVARIATE RESERVOIRS; QUANTITATIVE VALUATION FRAMEWORK; SCARCE EQUIPMENTS;

COMPUTER SIMULATION; INFORMATION RETRIEVAL; MONTE CARLO METHODS; PETROLEUM RESERVOIR EVALUATION; PROBABILITY; UNCERTAIN SYSTEMS;

INFORMATION ANALYSIS;

EID: 33750979848     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: None     Document Type: Conference Paper

References (4)

1. Robert, C.P.: The Bayesian Choice: A Decision-Theoretic Motivation, Springer-Verlag, Berlin, 1994.
2. Armstrong, M., Galli, A., Bailey, W.J. and Couët, B.: "Incorporating technical uncertainty in real option valuation of oil projects," J. Petroleum Science and Engineering, 44 (2004), pp. 67-82.
3. Armstrong, M., Bailey, W.J. and Couët, B.: "The Option Value of Acquiring Information in an Oilfield Production Enhancement Project," J. Applied Corporate Finance, Published by Morgan Stanley, 17, No. 2, Spring 2005, pp. 56-61.
4. Wilkinson, D., Bailey, W.J. and Couët, B.: "Alternative Approaches to Real Option Valuation: A Critical Appraisal," paper SPE 97065, presented at the SPE Annual Technical Conference and Exhibition, Dallas, TX, 9-12 October 2005.