2017
DOI: 10.3844/ajassp.2017.217.230
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Optimal Subsurface Appraisal: A Key Link to the Success of Development Projects-Few Examples

Abstract: During exploration and production phases, the life of a hydrocarbon field can be distinguished by five main stages: Exploration, appraisal, development, production and abandonment. Of particular interest is the appraisal stage, where billions of dollars are spent across the oil and gas industry on data gathering activities with a view to reducing subsurface uncertainties towards optimizing reservoir development and management. However, very limited attention is often paid to assessing the Value of Information … Show more

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Cited by 2 publications
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References 25 publications
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