Blar i Faculty of Science and Technology på emneord "reference class forecasting"
Viser treff 1-3 av 3
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Debiasing Production Forecasts Through Reference Class Forecasting
(Masteroppgave/UIS-TN-ISØP/2020;, Master thesis, 2020-06-30)This thesis investigates past performance of production forecasts provided by operators on the NCS at the time of project sanction. Utilising a dataset comprising annual forecasted and actual production from 1995 to 2017, ... -
The Outside View: Correcting Biases in the Oil- and Gas Industry
(Masteroppgave/UIS-TN-ISØP/2020;, Master thesis, 2020-07-14)When companies want to operate and produce petroleum on the Norwegian continental shelf (NCS) they are generally required to make an extensive plan prior to the construction work. This is known as the plan for development ... -
Over Budget, Over Time, and Reduced Revenue, Over and Over Again - An Analysis of the Norwegian Petroleum Industry's Inability to Forecast Production
(Masteroppgave/UIS-TN-IØRP/2018;, Master thesis, 2018-06)It is a well-known fact that many projects on the Norwegian Continental Shelf (NCS) have been completed with cost overruns and schedule delays. Similar cost- and schedule deviations have been documented in other industries, ...