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U.S. Department of Energy
Office of Scientific and Technical Information

Evaluating and managing risk

Book ·
OSTI ID:5943637
This book is a collection of articles to calculate ''right'' risks that lead to enhanced oil and gas findings. Technique experiences are documented data of critical factors. The contents include: The framing of decisions and the psychology of choice; The difficulty of assessing uncertainty; An analysis of methods of leasing the U.S. outer continental shelf; Competitive bidding in high-risk situations; Investment indicators for profitability analysis must reflect recent economic developments; A strategy for sealed bidding; The ubiquitous overbid; Growth rate - a rate-of-return measure of investment efficiency; Assessment methodology - an industry viewpoint; Prudent risk-taking; ranking South Louisiana trends by probability of economic success; Special problems and open issues; Risk analysis - fundamentals; and Basin assessment.
OSTI ID:
5943637
Country of Publication:
United States
Language:
English