Education for the real world: Equipping petroleum engineers to manage uncertainty

Proceedings - SPE Annual Technical Conference and Exhibition

Volumn 7, Issue , 2006, Pages 4817-4821

  Bratvold, R B ^a   Begg, S H ^b  

^a UNIVERSITY OF STAVANGER   (Norway)

^b UNIVERSITY OF ADELAIDE   (Australia)

Author keywords

[No Author keywords available]

Indexed keywords

CURRICULA; ENGINEERING EDUCATION; ENGINEERS; RISK ASSESSMENT;

EDUCATIONAL BACKGROUND; MITIGATE LOSS; TECHNICAL COURSES; UNIVERSITY TRAINING;

PETROLEUM ENGINEERING;

EID: 33751002966     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.2118/103339-ms     Document Type: Conference Paper

References (13)

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4. Begg, S.H., Bratvold, R.B., and Campbell, J.M.: "The Value of Flexibility in Managing Oil and Gas Investments," paper SPE 77586, ATCE, San Antonio, TX, 2002.
5. Howard, R. A. 1988. "Decision Analysis: Practice and Promise," Management Science 34, 679-695.
6. Koninx, J-P.: "Value-of-Information - from Cost-Cutting to Value-Creation," paper SPE 64390 presented at the 2000 Asia Pacific Oil and Gas Conference and Exhibition, Brisbane, Australia, Oct. 16-18.
7. Coopersmith, E.M. and Cunningham, P.C.: "A Practical Approach to Evaluating the Value of Information and Real Option Decisions in the Upstream Petroleum Industry," paper SPE 77582, ATCE, San Antonio, TX, 2002.
8. Laughton, D.G., Sagi, J.S. and Samis, M.R.: "Modem Asset Pricing and Evaluation in the Energy Industry," Journal of Energy Literature 6-1 (2000) 3-46.
9. Laughton, D.G.: "Effect of Price Uncertainty on Asset Valuation," paper SPE 84236, ATCE, Denver, CO, 2003.
10. Bratvold, R.B., Laughton, D., Enloe, T., and Begg, S.H.: "A Critical Comparison of Real Option Valuation Methods: Assumptions, Applicability, Mechanics, and Recommendations," paper SPE 97011, ATCE, Dallas, TX, 2005 "htlp://www.spe.org/spe/jsp/petschoollist/0,2399,1104_1674 0,00.html
11. K Kahneman, D. and Tversky, A.: Choices, Values and Frames, Cambridge University Press, (2000).
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13. Bratvold, R.B., Begg, S.H. and Campbell, J.M.: "Would you know a good decision if you saw one?," paper SPE 77509, ATCE, San Antonio, TX, 2002