The Efficiency of Management Decisions in the Oil and Gas Corporations Through Management Innovation

2016 ◽  
Author(s):  
Ageu Malundo Borges
Keyword(s):  
Oil And Gas ◽  
Management Innovation ◽  
Management Decisions

Harnessing the value of data in asset management for production assurance and to lower operating costs

2013 ◽  
Vol 53 (2) ◽  
pp. 491
Author(s):  
Paul Agar
Keyword(s):  
Asset Management ◽  
Net Present Value ◽  
Oil And Gas ◽  
New Technology ◽  
Critical Role ◽  
Oil And Gas Industry ◽  
Life Cycles ◽  
Critical Element ◽  
Management Decisions ◽  
Asset Data

With rising costs, a tight labour market, and prolonged global economic uncertainty, it is unsurprising that investment decisions are being re-evaluated across Australia's resources and energy industry. Amid this tough market environment, effective asset management has never been more important. Asset management was first adopted by Australia's oil and gas industry in the early 90s and is now well entrenched. There is widespread acknowledgement that it breaks down project complexity and plays a critical role in maximising project net present value. If done well, asset management takes a long-term view of asset life-cycles–from concept and creation, to services that deliver production assurance and lower costs. While these principles are well understood across the market, asset data capture and analysis–a critical element to successful asset management–requires ongoing review. Accurate and comprehensive asset data is the basis on which all good asset-management decisions are made. Developments in geographic information systems, SAP, and cloud-based technology are redefining the way asset data is collected, stored, analysed, and fed back into asset-management decisions. Asset managers of oil and gas assets should, therefore, be asking themselves three important questions: Are we using the latest technology to collect, store, and analyse asset data? Which project stakeholders need to interact with the data? Do our existing or planned asset-management models have the capacity to integrate and evolve with new technology as it develops?

Modeling of innovative production development of oil and gas regions

2020 ◽  
Author(s):  
Igor' Beilin
Keyword(s):  
Oil And Gas ◽  
Research Work ◽  
Federal District ◽  
Educational Process ◽  
Management Innovation ◽  
Master's Degrees ◽  
Professional Activities ◽  
Municipal Management ◽  
Instrumental Methods ◽  
Oil And Gas Companies

The monograph presents new and improved methodological approaches to modeling the economic efficiency of innovative production processes in oil and gas regions on the example of the Volga Federal district. The results of the study may be in demand in the professional activities of state authorities at both the regional and Federal levels, as well as top management of budget-forming oil and gas companies and companies interacting with them. The materials of the monograph are recommended for use in the educational process of bachelor's and master's degrees in the areas of "Economics", "Management", "State and municipal management", "innovation", as well as in research work in the scientific specialties "Economic theory", "Economics and management of national economy", "Mathematical and instrumental methods of Economics", etc.

On the socio-economic significance of the development of deposits of complex minerals

2021 ◽  
pp. 43
Author(s):  
S. Semenov
Keyword(s):  
Oil And Gas ◽  
Management Decisions ◽  
Economic Significance ◽  
Oil And Gas Fields ◽  
Gas Fields

On the example of oil and gas fields, the current aspects of the socio-economic significance and uncertainty (riskiness) of the development of de-posits of complex minerals are considered with appropriate proposals and recommendations, which is relevant since an increase in the number of these deposits in global use needs informed management decisions.

scholarly journals A Review of How Uncertainties in Management Decisions Are Addressed in Coastal Louisiana Restoration

Water ◽  
2021 ◽  
Vol 13 (11) ◽  
pp. 1528
Author(s):  
Angelina Freeman ◽  
James Pahl ◽  
Eric White ◽  
Summer Langlois ◽  
David Lindquist ◽  
...  
Keyword(s):  
Mississippi River ◽  
Flood Control ◽  
Large Scale ◽  
Oil And Gas ◽  
Project Planning ◽  
Lessons Learned ◽  
Management Decisions ◽  
Sea Levels ◽  
Management Actions ◽  
Coastal Louisiana

Louisiana has lost over 4800 km2 of coastal land since 1932, and a large-scale effort to restore coastal Louisiana is underway, guided by Louisiana’s Comprehensive Master Plan for a Sustainable Coast. This paper reviews science-based planning processes to address uncertainties in management decisions, and determine the most effective combination of restoration and flood risk reduction projects to reduce land loss, maintain and restore coastal environments, and sustain communities. The large-scale effort to restore coastal Louisiana is made more challenging by uncertainties in sediment in the Mississippi River, rising sea levels, subsidence, storms, oil and gas activities, flood-control levees, and navigation infrastructure. To inform decision making, CPRA uses structured approaches to incorporate science at all stages of restoration project planning and implementation to: (1) identify alternative management actions, (2) select the management action based on the best available science, and (3) assess performance of the implemented management decisions. Applied science and synthesis initiatives are critical for solving scientific and technical uncertainties in the successive stages of program and project management, from planning, implementation, operations, to monitoring and assessment. The processes developed and lessons learned from planning and implementing restoration in coastal Louisiana are relevant to other vulnerable coastal regions around the globe.

Assessing the Use of Age-Equivalent Scores in Clinical Management

1992 ◽  
Vol 23 (1) ◽  
pp. 6-8 ◽  
Author(s):  
Carol W. Lawrence
Keyword(s):  
Case Management ◽  
Clinical Management ◽  
Management Decisions ◽  
Language Deficits

Speech-language evaluation reports from many institutions present age-equivalent scores as the evidence for speech-language deficits. Yet, the value and interpretation of this measurement criterion requires clinical scrutiny. This article reviews the concept and derivation of age-equivalent scores and presents arguments against their use in case management decisions.

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