2012
DOI: 10.4236/eng.2012.411102
|View full text |Cite
|
Sign up to set email alerts
|

Concept Selection for Hydrocarbon Field Development Planning

Abstract: Two methodologies to rank exploitation scenarios for hydrocarbon fields during screening and concept selection stages are described and compared. First a selection based on net present value valuation is introduced and an explanation on its limitations for field planning are given thus, a second selection based on a multiattribute decision model where other technical factors not directly associated to economics such as operability and reliability are considered. A comparison of net present value and the multia… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1

Citation Types

0
2
0

Year Published

2017
2017
2024
2024

Publication Types

Select...
5
2

Relationship

0
7

Authors

Journals

citations
Cited by 9 publications
(2 citation statements)
references
References 4 publications
0
2
0
Order By: Relevance
“…This is obtained from a recent study by Bokka and Lau (2023) [17]. The third set is field development concepts [39] for commercial scale application of CCS. These input data are then used in a detailed CO 2 source-sink mapping exercise for the whole country.…”
Section: Objective and Methodologymentioning
confidence: 99%
“…This is obtained from a recent study by Bokka and Lau (2023) [17]. The third set is field development concepts [39] for commercial scale application of CCS. These input data are then used in a detailed CO 2 source-sink mapping exercise for the whole country.…”
Section: Objective and Methodologymentioning
confidence: 99%
“…The MCDM serves as an initial concept screening at the system level and is supported by detailed simulation of areas such as flow assurance and electrical analysis [15]. Examples of MCDM methods applied in the early phase of subsea field development are given in [32][33][34]. Solli et al propose combining the Pugh Matrix with illustrative ConOps to improve the focus on the operational context during the early stage of concept selection [35].…”
Section: Concept Evaluation In Early Phase Of Oil and Gas Field Developmentmentioning
confidence: 99%