Abstract
The article considers the problem of risk management in hydrocarbon field development. The approach to risk assessment and mitigation, based on the application of probabilistic reasoning models, is proposed. A special kind of Bayesian networks – influence diagrams, and associated probabilistic decision trees were proposed as models. An example of its application to the task of assessing and reducing the risk of non-execution of the project document due to unconfirmed reserves is given. As part of the example, the task of assessing the feasibility of drilling an exploration well is considered.
Published Version
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