Summary
Prior to academia, he spent 15 years in the industry in various technical and management roles including as Vice President in Landmark Graphics Corporation in Houston, Managing Director of Smedvig Technology Software Solutions (now Roxar), Senior Scientist with IBM, and Reservoir Engineer with Statoil. He spent his early working years as a roughneck and roustabout in the North Sea.
Reidar has published numerous papers on topics such as investment modelling, decision-making, stochastic reservoir modelling, fuzzy logic and reservoir management. He is a co-author of the SPE book Making Good Decisions.
He has three times served as an SPE Distinguished Lecturer. He is the 2017 recipient of the SPE Management & Information Award and the 2015 recipient of the North Sea Region SPE Management & Information award and has been both executive and associate editor for the SPE Economics & Management journal. He is a Fellow in the Society of Decision Professionals and the Norwegian Academy of Technological Sciences.
Reidar holds a PhD in petroleum engineering and and MSc in mathematics, both from Stanford University and has business and management science education from INSEAD and Stanford University.
Focus
- Decision analysis
- Project valuation
- Portfolio analysis
- Real-option valuation
- Behavioural challenges in decision-making
Experience
University of Stavanger
Professor of Petroleum Investment & Decision Analysis, Department of Petroleum Engineering
University of Adelaide
Investment and Decision Analysis
Stanford University
Department of Energy Science and Engineering
NTNU
Investment and Decision Analysis
The University of Texas at Austin
McCombs School of Business
Landmark Graphics
Business Modeling, Decision Analysis, Uncertainty Modeling