The combined resources of the Decision FrameworksWorleyParsons team helps customers evaluate and answer a broad range of questions relevant to effective exploration and production investments. • What are the key project risks and uncertainties?
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• What subsurface realizations are pertinent to development concept decisions? • Which development decisions could be affected if the project risks and uncertainties were reduced?
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Decision Quality Approach to Field Development Decisions
title here more text • Should appraisal strategies be considered to reduce key uncertainties prior to concept selection? • What key technology gaps need to be addressed and what is the best timing to address them? • Which development concept options should be considered given the range of subsurface possibilities? • Under what conditions might an early production system add value to the field development? • How can we rationalize tradeoffs between the different development concepts being considered with respect to different decision criteria?
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