Field Development Optimization Using Sequential Decisions and Analytics Morosov. A.L. and Bratvold. R.B. SPE EUROPEC at the 82nd EAGE Conference & Exhibition; 2021-10-18 – 2021-10-21
Unlocking the Human Factor: Geosteering Decision Making as a Component of Drilling Operational Efficacy Tadjer. A., Alyaev. S., Miner. D., Kuvaev. I. and Bratvold. R.B. Presented at Unconventional Resources Technology Conference; DOI: 10.15530/urtec-2021-5385
Systematic Decisions Under Uncertainty: An Experiment towards Better Geosteering Operations Alyaev. S., Holsaeter. A., Bratvold. R.B., Ivanova. S. and Bendiksen. M. In SPE/IADC International Drilling Conference and Exhibition; OnePetro.
An Interactive Sequential-Decision Benchmark from Geosteering Alyaev. S., Bratvold. R.B., Ivanova. S., Holsaeter. A. and Bendiksen. M. arXiv:2011.00733
Production Forecasts: Optimistic and Overconfident – Over and Over Again Bratvold. R.B., Mohus. E., Petutschnig. D. and Bickel. J.E. Paper SPE-195914 at SPE ATCE Calgary, Canada; 30 September – 2 October 2019
Offshore Exploratory Drilling Campaigns During Oil Price Downturns: Maximizing Value Creation from Flexibility Cardenas. C., Bratvold. R.B. and Jafarizadeh. B. Presented at SPE/EUROPEC Copenhagen; SPE-190810-MS
An Interactive Decision Support System for Geosteering Operations Alyaev. S., Bratvold. R.B., Luo. X., Suter. E. and Vefring. E.H. Paper SPE-191337 at SPE Norway One Day Seminar, Bergen; 18 April 2018
Integrating Model Uncertainty in Probabilistic Decline Curve Analysis for Unconventional Oil Production Hong. A.J., Bratvold. R.B. and Lake. L.W. Presented at SPE Workshop: Petroleum Economics—Optimisation versus Growth in Uncertain Times; 27–28 September 2017, Dubai, UAE.
Maximising the Value of Unconventional Reservoirs by Choosing the Optimal Appraisal Strategy Willigers. B.J.A., Bratvold. R.B. and Bickel. J.E. SPE Reservoir Evaluation & Engineering-Formation Evaluation
A Real Options Approach to the Gas Blowdown Decision Bratvold. R.B. and Thomas. P. Paper SPE-174868174868 to be presented at the SPE Annual Technical Conference and Exhibition, Houston, Texas, 26 September - 30 September.
Robust Discretization of Continuous Probability Distributions for Value-of-Information Analyses Thomas. P., Bratvold. R.B. and Begg. S.H. Paper IPTC 17975 presented at the 8th International Petroleum Technology Conference.
Uncertainty vs. Variability: What's the Difference and Why is it Important? Begg. S.H., Bratvold. R.B. and Welsh. M.B. Paper SPE 169850 presented at the SPE Hydrocarbon Economics and Evaluation Symposium held in Houston, Texas, USA, 19–20 May 2014.
Value Creation with Multi-Criteria Decision Making in Geosteering Operations Kullawan. K., Bratvold. R.B. and Bickel. J.E. Paper SPE 169849 presented at the SPE Hydrocarbon Economics and Evaluation Symposium held in Houston, Texas, USA, 19–20 May 2014.
A Decision Analytic Approach to Geosteering Operations Kullawan. K., Bratvold. R.B. and Bickel. J.E. Paper SPE 167433 presented at the SPE Middle East Intelligent Energy Conference and Exhibition, Dubai, UAE, 28 - 30 October.
The Risk of Using Risk Matrices Thomas. P., Bratvold. R.B. and Bickel. J.E. Paper SPE 166269 presented at the SPE Annual Technical Conference and Exhibition, New Orleans, Louisiana, 30 September - 2 October.
Combining Geostatistics With Bayesian Updating to Continually Optimize Drilling Strategy in Shale Gas Plays Willigers. B.J.A., Begg. S.H. and Bratvold. R.B. Paper SPE 164816 presented at the EAEG Annual Conference and Exhibition, London, United Kingdom, 10–13 June.
A New and Improved Approach for Geological Dependency Evaluation for Multiple-Prospect Exploration Bratvold. R.B. and Rasheva. S. Paper SPE 147062 to be presented at the SPE ATCE held in Denver, CO, USA, 30 Nov. – 2 Dec.
A New Approach to Uncertainty Quantification for Decision Making Bratvold. R.B., Begg. S.H. and Rasheva. S. Paper SPE 130157 presented at the SPE Economics and Evaluation Symposium held in Dallas, Texas, USA, 8–9 March.
Probabilistic Modelling for Decision Support in Drilling Operations Giese. M. and Bratvold. R.B. Paper SPE 127761 to be presented at the SPE Intelligent Energy Conference and Exhibition, Utrecht, The Netherlands, 23–25 March.
A Decision Analytic Framework for Autonomous Geosteering Rajaieyamchee. M.A. and Bratvold. R.B. Rajaieyamchee. M.A., Bratvold. R.B., SPE 135416, Annual Technical Conference and Exhibition (ATCE), Florence, Italy.
Bayesian Decision Networks for Optimal Placement of Horizontal Wells Rajaieyamchee. M.A., Bratvold. R.B. and Bedreddine. A. SPE 129984, EUROPEC, Barcelona, Spain, 2010.
A Game Theoretic Approach to Conflicting and Evolving Stakeholder Preferences in the E&P Industry Willigers. B.J.A., Bratvold. R.B. and Hausken. K. Paper SPE 124178 to be presented at the SPE Annual Technical Conference and Exhibition, New Orleans, Louisiana, 4-7 October.
Taking Real Options into the Real World: Asset Valuation through Option Simulation Jafarizadeh. B. and Bratvold. R.B. Paper SPE 124488 to be presented at the SPE Annual Technical Conference and Exhibition, New Orleans, Louisiana, 4-7 October.
Real-time Decision Support in Drilling Operations using Bayesian Decision Networks Rajaieyamchee. M.A. and Bratvold. R.B. Paper SPE 124247 to be presented at the SPE Annual Technical Conference and Exhibition, New Orleans, Louisiana, 4-7 October.
Real Options Analysis in Petroleum Exploration and Production: A New Paradigm in Investment Analysis Jafarizadeh. B. and Bratvold. R.B. Paper SPE 121426 presented at the SPE Europec/EAGE Annual Conference and Exhibition, Amsterdam, The Netherlands, 8-11 June.
Strategic Decision Making in the Digital Oil Field Jafarizadeh. B. and Bratvold. R.B. Paper SPE 123213 presented at the SPE Digital Energy Conference and Exhibition, Houston, Texas, 7-8 April.
A Monte Carlo Approach to Value of Information Evaluation Arild. Ø., Lohne. H.P. and Bratvold. R.B. Paper SPE IPTC 11969 presented at the International Petroleum Technology Conference, Kuala Lumpur, Malaysia, 3-5 December.
Systematic Prediction Errors in O&G Project and Portfolio Selection Begg. S.H. and Bratvold. R.B. Paper SPE 116525 presented at the SPE Annual Technical Conference and Exhibition, Denver, Colorado, 21-24 September.
Valuing Oil and Gas Options by Least-Squares Monte Carlo Simulation Willigers. B.J.A. and Bratvold. R.B. Paper SPE 116026 presented at the SPE Annual Technical Conference and Exhibition, Denver, Colorado, 21-24 September.
CODIO - Collaborative Decision-Making in Integrated Operations Fjellheim. R.A., Bratvold. R.B. and Herbert. M.C. Paper SPE 111876 presented at the SPE Intelligent Energy Conference and Exhibition, Amsterdam, The Netherlands, 25–27 February.
Integrated Operations: How Effective is the Current Relationship between Operating Companies and Suppliers? Sund. K.A. and Bratvold. R.B. Paper SPE 112180 presented at the SPE Intelligent Energy Conference and Exhibition, Amsterdam, The Netherlands, 25–27 February.
Value of Information: The Past, Present, and Future Bratvold. R.B. and Lohne. H.P. Paper SPE 110378 presented at the SPE Annual Technical Conference and Exhibition, Anaheim, California, 11-14 November.
The impact of common biases on the value of O&G investment decisions Begg. S.H., Welsh. M.B. and Bratvold. R.B. Paper SPE 109610 presented at the SPE Annual Technical Conference and Exhibition, Anaheim, California, 11-14 November 2007.
Decision Making in the Oil & Gas Industry: From Blissful Ignorance to Uncertainty - Induced Confusion Bratvold. R.B. Paper SPE 109610 presented at the SPE Annual Technical Conference and Exhibition, Anaheim, California, 11-14 November 2007.
Efficacy of bias awareness in debiasing oil and gas judgments Welsh. M.B., Begg. S.H. and Bratvold. R.B. Proceedings of the 29th Annual Conference of the Cognitive Science Society, p. 1617–1652.
The impact of common biases on the value of O&G investment decisions Welsh. M.B., Begg. S.H. and Bratvold. R.B. Paper SPE 110765 presented at the SPE Annual Technical Conference and Exhibition, Anaheim, CA, 11-14 November.
Modeling the Economic Impact of Cognitive Biases on Oil and Gas Decisions Welsh. M.B., Begg. S.H. and Bratvold. R.B. Paper SPE 110765 presented at the SPE Annual Technical Conference and Exhibition, Anaheim, CA, 11-14 November.
Education for the Real World: Equipping Petroleum Engineers to Manage Uncertainty Bratvold. R.B. and Begg. S.H. Paper SPE 103339 presented at the SPE Annual Technical Conference and Exhibition, San Antonio, Texas, 24-27 September.
Correcting Common Errors in Probabilistic Evaluations: Efficacy of Debiasing Welsh. M.B., Begg. S.H. and Bratvold. R.B. Paper SPE 102188 presented at the SPE Annual Technical Conference and Exhibition, San Antonio.
Case Studies for Comparison of Different Real Option Approaches Yao. Y., Begg. S.H., Bratvold. R.B., Behrenbruch. P. and van der Hoek. J. Paper SPE 101031 presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, Adelaide, Australia, September 11–13.
A Critical Comparison of Real Option Valuation Methods: Assumptions, Applicability, Mechanics, and Recommendations Bratvold. R.B., Laughton. D.G., Enloe. T. and Begg. S.H. Paper SPE 97011 presented at the SPE Annual Technical Conference and Exhibition, Dallas, TX, 9-12 October.
Cognitive Biases in the Petroleum Industry: Impact and Remediation Welsh. M.B., Bratvold. R.B. and Begg. S.H. Paper SPE 96423 presented at the SPE Annual Technical Conference and Exhibition, Dallas, TX, 9-12 October.
Abandonment Decision and the Value of Flexibility Begg. S.H., Bratvold. R.B. and Campbell. J.M. Paper SPE 91131 presented at the SPE Annual Technical Conference and Exhibition, Houston, TX, September 26–29.
Development as the Continuation of Appraisal by Other Means Laughton. D.G., Begg. S.H., Bratvold. R.B. and Campbell. J.M. Paper SPE 90155 presented at the SPE Annual Technical Conference and Exhibition, Houston, TX, September 26–29.
Problems with the Elicitation of Uncertainty Welsh. M.B., Begg. S.H. and Bratvold. R.B. Paper SPE 90338 presented at the SPE Annual Technical Conference and Exhibition, Houston, TX, September 26–29.
Decision Making under Uncertainty Begg. S.H., Bratvold. R.B. and Campbell. J.F. Paper SPE June presented at the 7th International Forum on Reservoir Simulation, Bühl/Baden-Baden, Germany, June.
Shrinks or Quants: Who will improve decision-making Begg. S.H., Bratvold. R.B. and Campbell. J.F. Paper SPE 84238 presented at the SPE Annual Technical Conference and Exhibition, Denver, CO, 5–8 October.
Even Optimists Should Optimize Bratvold. R.B., Begg. S.H. and Campbell. J.F. Paper SPE 84329 presented at the SPE Annual Technical Conference and Exhibition, Denver, CO, 5–8 October.
Portfolio Optimization: Living Up to Expectations Campbell. J.F., Bratvold. R.B. and Begg. S.H. Paper SPE 82005 presented at the SPE Hydrocarbon Economics and Evaluation Symposium, Dallas, TX, 5–8 April.
The Joint Management of Appraisal, Development and Production in a Two-block Offshore Oil Field: A Real Options Analysis Laughton. D.G., Begg. S.H., Bratvold. R.B., Campbell. J.F. and Deutsch. C.V. Paper SPE 82035 presented at the SPE Hydrocarbon Economics and Evaluation Symposium, Dallas, TX, 5–8 April.
The Value of Flexibility in Managing Uncertainty in Oil and Gas Investments Bratvold. R.B. Paper SPE 77586 presented at the SPE Annual Technical Conference and Exhibition, San Antonio, Texas, 29 September–02 October.
Would You Know a Good Decision if You Saw One? Bratvold. R.B., Begg. S.H. and Campbell. J.M. Paper SPE 77509 presented at the SPE Annual Technical Conference and Exhibition, San Antonio, TX, September 29–October 2.
Improving Investment Decisions using A Stochastic Integrated Asset Model Begg. S.H., Bratvold. R.B. and Campbell. J.F. Paper SPE 71414 presented at the SPE Annual Technical Conference and Exhibition, New Orleans, LA, 30 September–03 October.
Parallel Nested Factorization Algorithms Maksimov. M.M., Galushko. V.V., Kutcherov. A.B., Surguchev. L.M. and Bratvold. R.B. Paper SPE 25242 presented at the 12th SPE Symposium on Reservoir Simulation, New Orleans, LA, 28 February–3 March.
Reservoir Characterization and Modeling Supported by Expert Knowledge System Surguchev. L.M., Zolothukin. A.B. and Bratvold. R.B. Paper SPE 24279 presented at the SPE European Petroleum Computer Conference, Stavanger, Norway, 25–27 May.
Application of Advanced Workstations to Reservoir Simulation Bratvold. R.B., Horne. R.N. and Rugland. T. Paper SPE 20364 presented at the SPE Petroleum Computer Conference, Denver, CO, 25–28 June.
Effects of Linear Boundaries on Pressure-Transient Injection and Falloff Data Bratvold. R.B. and Larsen. L. Paper SPE 19830 presented at the SPE Annual Technical Conference and Exhibition, San Antonio, Texas, 8–11 October.