Title :
Evaluation and selection processes of petroleum exploration and development projects: an empirical study
Author_Institution :
Universiti Teknologi Malaysia
Abstract :
The paper describes the decision-making process of US petroleum companies in identification, evaluation and selection of petroleum exploration and development projects. The information was gathered through a combination of literature survey, input from expert panel and survey responses from decision-makers in petroleum companies. The paper discusses methodology, analyses and results of the study
Keywords :
petroleum industry; project management; research and development management; R&D management; USA; decision-making process; literature survey; methodology; petroleum companies; petroleum development projects; petroleum exploration; project evaluation; project selection; survey responses; Decision making; Economic indicators; Fuel economy; Fuel processing industries; Information resources; Investments; Petroleum industry; Potential well; Project management;
Conference_Titel :
Management of Engineering and Technology, 2001. PICMET '01. Portland International Conference on
Conference_Location :
Portland, OR
Print_ISBN :
1-890843-06-7
DOI :
10.1109/PICMET.2001.952157
