Background The iVal tool supports most aspects of decision-making excellence and provides a deep insight into a company’s performance. This potentiaal ranges from technical aspects all the way up to project definition and execution. Not only should the right plan be matured to deliver the best value, but the organisation should also be capable to …
Managers in oil and gas companies will have to decide on trade-offs dealing with a range of possible discovered volumes and uncertain hydrocarbon types. Variables such as recovery factors, production rates, lifecycle cost assumptions, product pricing and access to markets also play a key role in determining the value of a discovery. Furthermore, agreements need …
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