2022
DOI: 10.52058/2786-6025-2022-13(13)-399-414
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Economic and Mathematical Modeling of an Oil and Gas Production Company as an Integrated Complex Specific System

Abstract: The following factors were studied and taken into account in the process of economic and mathematical modeling of an oil and gas company as a

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Cited by 8 publications
(2 citation statements)
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“…); the need to reduce the period from the moment of investment of funds to the start of operation [7][8][9][10]. An important reason for the decline in the volume of oil and gas production is insufficient management efficiency of the cycle of parallel business processes of the domestic oil and gas company: exploration, development and development of deposits, production and sale of oil and gas [11][12]. Therefore, one of the necessary factors to increase the Ukrainian production of hydrocarbons is to increase the efficiency of the oil and gas company's business process management through the use of effective economic and mathematical modeling at the strategic level of management and the use of knowledge-oriented decision support tools as an integral component of the complex information system of the oil and gas company [13].…”
Section: іNtroductionmentioning
confidence: 99%
“…); the need to reduce the period from the moment of investment of funds to the start of operation [7][8][9][10]. An important reason for the decline in the volume of oil and gas production is insufficient management efficiency of the cycle of parallel business processes of the domestic oil and gas company: exploration, development and development of deposits, production and sale of oil and gas [11][12]. Therefore, one of the necessary factors to increase the Ukrainian production of hydrocarbons is to increase the efficiency of the oil and gas company's business process management through the use of effective economic and mathematical modeling at the strategic level of management and the use of knowledge-oriented decision support tools as an integral component of the complex information system of the oil and gas company [13].…”
Section: іNtroductionmentioning
confidence: 99%
“…Some business leaders believe that big data is just about entering and collating data, and its use cannot directly benefit the business. However, it is known that the more data an enterprise has and the more efficiently they integrate with each other, the more competitive the enterprise [40].…”
Section: Let Us Now Consider In Detail the Most Typical And Significa...mentioning
confidence: 99%