Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
Risk minimization model of mature oil fields development
Available online: 27 April 2010 Subject Heading: ECONOMIC AND MATHEMATICAL SIMULATION JEL Classification:
This approach is required for successful further development of mature oil fields under existing constraints and acceptable level of risk. It is developed by author new economic efficiency criteria of prognosticated enhanced oil recovery projects under risks. It is formed bicriterion stochastic discrete optimization model of enhanced oil recovery with decision maker’s acceptable level of risk. It’s applied developed model for conditions West-Siberian oil-production company. Keywords: enhanced oil recovery methods, expected monetary value, halfdispertion, Markovitz-Tobin’s modern portfolio theory |
ISSN 2311-8725 (Online)
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