Incorporating technical uncertainty in real option valuation of oil projects

Journal of Petroleum Science and Engineering

Volumn 44, Issue 1-2, 2004, Pages 67-82

  Armstrong, Margaret ^a   Galli, Alain ^a   Bailey, W ^b   Couet B ^b  

^a CERNA   (France)

^b SCHLUMBERGER DOLL RESEARCH   (United States)

Author keywords

Archimedean copulas; Bayesian updating; Production enhancement; Production logging tool; Real options; Workover

Indexed keywords

BAYESIAN ANALYSIS; DISCOUNTED CASH FLOW (DCF) ANALYSIS; MULTIVARIATE NORMAL FRAMEWORK;

COSTS; DATA ACQUISITION; OIL FIELDS; PROJECT MANAGEMENT;

PETROLEUM ENGINEERING;

BAYESIAN ANALYSIS; HYDROCARBON EXPLORATION; LOGGING (GEOPHYSICS); PROJECT MANAGEMENT; UNCERTAINTY ANALYSIS;

EID: 6444228643     PISSN: 09204105     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.petrol.2004.02.006     Document Type: Article

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