Comprehensive Evaluation Method of Oversea Opportunity in Oil and Gas Exploration

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  • Exploration Department of CNOOC,Beijing 100010,China

Received date: 2012-03-20

  Revised date: 2012-05-27

  Online published: 2012-08-10

Abstract

Since oil companies of China is trying to go out for petroleum,it is important for establishing the effective method to study the new opportunity dependency,evaluate and execute the feasibility,considering oversea special resources and investment environments. Oversea project need go through three stages of opportunity identification,technical evaluation and putting into execution.Based on itself strength and weakness,the concrete evaluation program will be established according to different opportunity.The conventional evaluation method which separates the geological and economical evaluations goes against the effective evaluation of oversea exploration opportunity.But the integration method of resources and prospects which thinks over the different evaluation factors can be very effective to make a decision.It is required for the systemic economic evaluation and single index sensitivity to decrease the risks at different exploration phase during the oversea exploration opportunity evaluations.

Cite this article

LI Song,LI Jun-ting . Comprehensive Evaluation Method of Oversea Opportunity in Oil and Gas Exploration[J]. Natural Gas Geoscience, 2012 , 23(4) : 807 -812 . DOI: 10.11764/j.issn.1672-1926.2012.04.807

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