Mature offshore oil field development: solving a real options problem using stochastic dual dynamic integer programming
From MaRDI portal
Publication:2669575
DOI10.1016/J.COR.2021.105480OpenAlexW3186082744MaRDI QIDQ2669575FDOQ2669575
Authors: Steffen J. Bakker, Andreas Kleiven, Stein-Erik Fleten, Asgeir Tomasgard 
Publication date: 9 March 2022
Published in: Computers \& Operations Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.cor.2021.105480
Recommendations
- Oil field optimization under price uncertainty
- Offshore oilfield development planning under uncertainty and fiscal considerations
- Optimal investment in the development of oil and gas field
- Implementing a Real Option Model for Valuing an Undeveloped Oil Field
- Multi-stage stochastic programming for natural gas infrastructure design with a production perspective
Cites Work
- SDDP.jl: A Julia Package for Stochastic Dual Dynamic Programming
- Multi-stage stochastic optimization applied to energy planning
- Title not available (Why is that?)
- Approximate Dynamic Programming
- Scenario tree generation for multiperiod financial optimization of optimal discretization
- Decomposition and Partitioning Methods for Multistage Stochastic Linear Programs
- Oil field optimization under price uncertainty
- Investment and the Valuation of Firms When There is an Option to Shut Down
- Information relaxations and duality in stochastic dynamic programs
- Stochastic programming and the option of doing it differently
- Valuing oil properties: Integrating option pricing and decision analysis approaches
- Modeling Norwegian petroleum production and transportation
- A novel continuous-time modeling and optimization framework for well platform planning problems
- Switching from oil to gas production in a depleting field
- Options in the Real World: Lessons Learned in Evaluating Oil and Gas Investments
- Stochastic dual dynamic integer programming
- Optimal shutdown decisions in resource extraction
- Modeling time-dependent randomness in stochastic dual dynamic programming
- Optimization methods for petroleum fields development and production systems: a review
- Valuing flexibility in offshore petroleum projects
- A DYNAMIC MODEL OF CLEANUP: ESTIMATING SUNK COSTS IN OIL AND GAS PRODUCTION
- Electric power infrastructure planning under uncertainty: stochastic dual dynamic integer programming (SDDiP) and parallelization scheme
- Valuing portfolios of interdependent real options under exogenous and endogenous uncertainties
- Stochastic dual dynamic programming with stagewise-dependent objective uncertainty
- Valuing portfolios of interdependent real options using influence diagrams and simulation-and-regression: a multi-stage stochastic integer programming approach
Cited In (6)
- Oil field optimization under price uncertainty
- Rescaling-contraction with a lower cost technology when revenue declines
- A stochastic dynamic programming model for scheduling of offshore petroleum fields with resource uncertainty
- Valuing flexibility in offshore petroleum projects
- Title not available (Why is that?)
- A meta-modeling simulation of structure abandonment timing decisions
Uses Software
This page was built for publication: Mature offshore oil field development: solving a real options problem using stochastic dual dynamic integer programming
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2669575)
