Private vs. Public Cost-Benefit in Scheduling Petroleum projects - The case of uncertainty
1. Private vs. Public Cost-benefit in Scheduling
Petroleum projects - The case of Uncertainty
14.06.01
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Table of Contents
Author: Kjetil Haugen
Private vs. Public Cost-benefit in Scheduling
Petroleum projects - The case of Uncertainty
Email: Kjetil.Haugen@himolde.no
Home Page: http://home.himolde.no/~haugenk
Content:
Petroleum Project Scheduling:
PPS - status in Norway:
A simple deterministic example
Parameters define PPS-solution
A new alternative: M
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2. M against S and L:
M against S and L:
A simple stochastic example
Stochastic optimization problem
Solution:
A simplified stoch. opt. problem
Finally:
What has happened:
A few final notes: 1) Uncertainty
Implications - Petroleum industry
Public vs. Private Cost-benefit
Risk attitude:
Support structure: (probabilities)
Support influence:
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