Decision making under uncertainty can be quite challenging, especially when complex numerical simulations are considered in the work flow and the decision has to be made relatively fast (e.g., in hours). This is the case when one needs to rank a given field portfolio within a limited budget and with acquisition constraints. If the ranking measure associated with each field is properly and rapidly evaluated, new prospect opportunities, which may lead to a favorable strategic position, can be readily identified.In this paper, we propose an efficient methodology for computing a "production-potential" measure that can be used to rank greenfield portfolios in the presence of geological uncertainty, quantifying both uncertainty and risk propagation. Next, we briefly describe the basics of the method proposed. First, uncertainty in sedimentary variability and flow behavior has to be characterized by a number of representative geological realizations. Sampling techniques are used to significantly reduce the number of realizations while preserving accuracy in the description and uncertainty propagation. Thereafter, multiple and varied field-development plans, based on primary/secondary-recovery mechanisms, are automatically generated while accounting for key parameters related to the number, drilling locations, and drilling sequence of wells. In these plans the reservoir is clustered by areas with similar production/injection potential, and the well locations and drilling schedules are obtained accordingly. The well controls are determined through estimations of the fieldrecovery factor. By means of experimental-design techniques a relatively small number of field-development plans are selected to capture the most significant production profiles. Each of these development plans is simulated for the realizations sampled previously, and the production-potential measure [e.g., average net present value (NPV) over all sampled realizations] is computed for all the plans. The highest of these measures (i.e., the best development plan) can be used for ranking the greenfield in the portfolio. Response-surface procedures are considered to perform additional analysis computations within iterative optimization procedures. It is important to note that other statistics related to the exploitation potential (e.g., standard deviation of the NPV) can also be used to complement the ranking, thereby mitigating the decision makers' risk tolerance. The methodology has been tested on the Brugge Field benchmark, which presents 104 realizations of multiple geological parameters. The benchmark has been modified to simulate a greenfield scenario. The ranking measure is the (discounted) NPV averaged over the 104 realizations. The proposed work flow yields a ranking measure of USD 5.43 billion, and the computational cost is approximately 1,900 simulations (performed in a parallel-computing environment). This NPV is somewhat higher than those found for the Brugge benchmark (with similar modified settings) by other researchers. To validate the result...