Article ID: | iaor1996524 |
Country: | Netherlands |
Volume: | 58 |
Issue: | 2 |
Start Page Number: | 191 |
End Page Number: | 201 |
Publication Date: | Apr 1992 |
Journal: | European Journal of Operational Research |
Authors: | Jrnsten Kurt O. |
The development of offshore petroleum and natural gas fields requires substantial investment. Due to the uncertainty of future oil and gas prices and the fact that the lifetime of an offshore field is 20-30 years, there is a great need for a good Decision Support System as an analysis tool for determining the consequences of the investments.