Investment optimization in oil and gas plays

A model was established to illustrate the relation between cumulative exploration investment and growth of total proved reserves on the basis of growth model of total proved reserves. The Data Envelopment Analysis (DEA) theory was used to give an optimal solution of the function of constructed produ...

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Bibliographic Details
Main Authors: Zheng Yuhua, Luo Dongkun
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2009-08-01
Series:Petroleum Exploration and Development
Online Access:http://www.sciencedirect.com/science/article/pii/S1876380409601452