
- ASSIGN EQUATION NUMBER TO SCIENTIFIC WORKPLACE 6 DRIVERS
- ASSIGN EQUATION NUMBER TO SCIENTIFIC WORKPLACE 6 UPDATE
A strategy that takes into account the information received during the development and research of these assets was found as a result. Gazprom Neft PJSC tested the robust management approaches on ten exploration projects. The paper examines the use of robust management to determine the optimal strategy for the development of assets, ensuring the achievement of a certain level of production with a given probability. Due to the large number of loosely coupled reservoirs and the long phases of the oilfield exploration, the robust optimization allows to take into account all incoming information and making the best decision for further development. The geological uncertainties are the main in oilfield development. Currently, the principles of robust management are implemented in many areas, but it is especially valuable in greenfield development projects due to the high degree of uncertainty. This makes possible to analyze risks when making decisions and to develop a goal achieving strategy. Which means that the developed strategy will allow to achieve the goal regardless the outcome of uncertainties. An obvious specificity and the advantage of robust management is that it allows to account simultaneously expected costs and chance of success. Robust management is the determination of goals and decisions with a given probability while maximizing the expected value facing uncertainties. et al., Technology development in upstream division of Gazprom Neft, Journal of Petroleum Technology, 2017, V. Yakovlev V.V., Khasanov M.M., Prokofiev D.O. Progressive companies are developing a new generation of idea-to-launch processes, Research-Technology Management, 2014, pp. Cooper R.G., What’s next? After stage-gate. Daft R.L., Kendrick M., Vershinina N., Management, Mason, Ohio: South Western, Cengage Learning, 2010, 856 p.ģ. Spath J., Transforming the upstream service industry to increase operator margins, Journal of Petroleum Technology, 2016, V. Such hybrid methodology has a higher level of efficiency and helps meet current company needs in terms of speed and quality of technology implementation in given macroeconomic conditions.ġ. Finally, it is concluded that the combination of classic stage-gate approach and agile best practices demonstrate a good potential for technology management in Gazprom Neft. In this article we investigate various methodologies and tools for technology management in order to find an optimal one.
ASSIGN EQUATION NUMBER TO SCIENTIFIC WORKPLACE 6 UPDATE
The update of the Upstream technological portfolio will increase its adaptability and value and expand project managers’ financial and organizational authority while project initiation and implementation.
ASSIGN EQUATION NUMBER TO SCIENTIFIC WORKPLACE 6 DRIVERS
He best industrial practices that cover the life cycle of a new technology development as well as supporting procedure are reviewed to investigate the drivers for higher efficiency and better management of variable expectations and technology maturity for further roll-out.
