Show simple item record

dc.contributor.advisorBraumer Bratvold, Reidar
dc.contributor.advisorHong, Aojie
dc.contributor.authorYogachandran, Ajhanth
dc.date.accessioned2021-10-12T15:51:19Z
dc.date.available2021-10-12T15:51:19Z
dc.date.issued2021
dc.identifierno.uis:inspera:78874059:3124568
dc.identifier.urihttps://hdl.handle.net/11250/2789411
dc.description.abstract
dc.description.abstractThesis assess operators ability to deliver accumulated gas forecasts for 40 fields on the Norwegian continental shelf (NCS) that received Plan for Plan for Development and Operations (PDO) approval in the years 2000 to 2020. The analysis is conducted both with and without including schedule delays. The results indicate that operators forecasts are heavily influenced by optimism and overconfidence bias resulting in significantly lower production than forecasted and that was the basis for the investment decisions. However, this study shows that the forecasts are particularly poor in the early part of field life and improves toward the end of field lives.
dc.languageeng
dc.publisheruis
dc.titleAn analysis of gas production forecasts on the NCS
dc.typeMaster thesis


Files in this item

Thumbnail

This item appears in the following Collection(s)

  • Studentoppgaver (TN-ISØP) [1050]
    Master- og bacheloroppgaver i Byutvikling og urban design / Offshore technology : risk management / Risikostyring / Teknologi/Sivilingeniør : industriell økonomi / Teknologi/Sivilingeniør : risikostyring / Teknologi/Sivilingeniør : samfunnssikkerhet

Show simple item record