P' Is a Different Kind of Animal

P. R. Rose

doi:10.3997/2214-4609.201405205

P' Is a Different Kind of Animal
Authors P. R. Rose
Publisher: European Association of Geoscientists & Engineers
Source: Conference Proceedings, 67th EAGE Conference & Exhibition, Jun 2005, cp-140-00034
DOI: https://doi.org/10.3997/2214-4609.201405205

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Abstract

Most of the "E" part of the E&P business has, by now, embraced the main principles of probabilistic risk analysis: - Reserves distribution forecasts for prospects. - Prediction of chance of completion. - Probabilistic NPV forecasts, given success. - Chance-weighted economic yardsticks, allowing comparison of projects.

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2025-12-13

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P' Is a Different Kind of Animal

Abstract

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