Field development and economics

Field development and economics

The objective of this research area is to improve and disrupt current field design workflows by developing, studying and implementing novel technical and economic valuation solutions that allow one to compute and flag optimum ways of exploiting hydrocarbons based on digital tools and methods. This is important to ensure the profitability of new fields under a low oil price environment, environmental constraints, smaller discovery sizes and challenging areas...read more

Program area team

 

Projects

Projects

Field development and economics

Decision-support tools for early-phase design of offshore hydrocarbon fields

Associate Professor Milan Stanko

Improved planning methods for more energy efficient and environmentally friendly fields in the Barents Sea

PhD Candidate Seok Ki Moon, Main Supervisor Milan Stanko, Sponsor: Aker BP

Cost effective development of small discoveries on the Norwegian Continental Shelf

PhD Candidate Semyon Fedorov, Main Supervisor Verena Hagspiel, Sponsor: Okea

Optimal field planning considering uncertainties and environmental performance

PhD Candidate Olga Noshchenko, Main Supervisor Verena Hagspiel, Sponsor: Okea and Norwegian Petroleum Directorate

Automated methodologies for decision support in field development

PhD Candidate Guowen Lei, Main Supervisor Milan Stanko, Sponsor: Lundin Energy Norway AS

Short-term optimization under uncertainty in the Norwegian natural gas system

PhD Candidate Siva Sankar Udaya Kumar, Sponsor: Gassco

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Partner access:

  • Projects in Field development and economics
  • Field development and economics – BRU21 white paper