Mechanisms of metapower & procedural injustices in the Colorado Oil and Gas Task Force decision-making process

2021 ◽  
pp. 1-24
Author(s):  
Stacia S. Ryder ◽  
Stephanie A. Malin
Keyword(s):  
Decision Making ◽  
Oil And Gas ◽  
Task Force ◽  
Decision Making Process

scholarly journals The Purchase Decision-making Process for Renewable Heating Technologies: A Consumer Perspective

2019 ◽  
Author(s):  
◽  
Mario B. Reichler
Keyword(s):  
Decision Making ◽  
Renewable Energy ◽  
Alternative Energy ◽  
Oil And Gas ◽  
End Users ◽  
Decision Making Process ◽  
Daily News ◽  
Renewable Energy Technologies ◽  
Energy Technologies ◽  
Carbon Dioxide Co2

The discussion about energy has become an important topic in recent years. For end users, issues, such as price increases for oil and gas, limited resources, and alternative energy sources, have become increasingly important, attracting the attention of scholars and politicians alike. Political discussions on energy issues form part of the daily news. For example, pollution of the environment with carbon dioxide (CO2) and global warming due to the greenhouse effect have become hot topics for debate. Considering the growing importance of renewable energy for households, this investigation focuses on the factors that drive homeowners to purchase renewable energy technologies, as well as on the implications of these factors on the design of future business-to-consumer (B2C) marketing models that can contribute towards an increase in the use of renewable energy. Contextually, the research is based on heating consumption in German households. This thesis examines the potential purchase of existing renewable energy technologies by end users in the German housing market. The increased use of renewable energy is not studied with a view towards future technologies, but rather in terms of the decisionmaking process of end users to possibly invest in already available renewable heating technologies. Decision-making processes are seen as discrete activities which involve individuals over a period of time. These processes include selection and implementation, and have an end point (Wilson, 2004). Based on a grounded research methodology, a series of interviews have been carried out with homeowners as decision-makers for the purchase of existing renewable energy heating systems. The interviewees are homeowners who live in old houses with bad insulation and heating technology standards, still constituting a high proportion of homeowners in Germany. The understanding of their decision-making process can help managers of renewable energy companies, politicians, and local authorities develop viable strategies for increasing the purchase of renewable heating technologies. This research indicates the importance of not only rational decision-making factors as strongly economical related issues affecting the purchase of renewable heating technologies, but also of bounded rational factors influenced by the personal insights of homeowners and their relationship to involved stakeholders within the market for renewable heating technologies.

Investment Analysis for Deepwater Oil and Gas Field Developments

2003 ◽  
Author(s):  
Antonio Critsinelis
Keyword(s):  
Decision Making ◽  
Decision Process ◽  
Oil And Gas ◽  
Investment Analysis ◽  
Decision Making Process ◽  
Gas Field ◽  
Economic Return ◽  
Oil And Gas Field ◽  
Key Drivers ◽  
Selection Of

The effective stewardship of capital is cardinal to ensure economic return to compensate shareholders for capital invested at risk. This paper outlines how investment analysis can be used to improve the decision-making process of deepwater oil and gas field developments. The paper focuses on the key drivers and boundary conditions that impact the economics of the entire field life cycle. It also highlights the relationships between these key drivers and the selection of the layout and main subsystems of the field architecture. A typical deepwater field scenario is used to illustrate the methodology of investment analysis and associated simulations that reflect the uncertainties along the stages of the decision process. Sensitivity analysis is utilized to identify how much each uncertain driver contributes to the uncertainty in the project economic outcome.

Geothermal Production from Existing Oil and Gas Wells: A Sustainable Repurposing Model

2021 ◽  
Author(s):  
Oscar Mauricio Molina ◽  
Camilo Mejia ◽  
Mayank Tyagi ◽  
Felipe Medellin ◽  
Hani Elshahawi ◽  
...  
Keyword(s):  
Decision Making ◽  
Oil And Gas ◽  
Decision Making Process ◽  
Low Carbon ◽  
Financial Success ◽  
Gas Wells ◽  
Modeling Framework ◽  
Heat Potential ◽  
Geological Conditions ◽  
Oil And Gas Wells

Abstract The geothermal energy industry has never quite realized its true potential despite the seemingly magical promise of nonstop, 24/7 renewable energy sitting just below the surface of the Earth. In this paper, we discuss an integrated cloud-based workflow aimed at evaluating the cost-effectiveness of adopting geothermal production in low to medium enthalpy systems by either repurposing existing oil and gas wells or by co-producing thermal and fossil energy. The workflow introduces an automated and intrinsically secure decision-making process to convert mature oil and gas wells into geothermal wells, enabling both operational and financial assessment of the conversion process, whether partial or complete. The proposed workflow focuses on the reliability and transparency of fully automated technical processes for the geological, hydrodynamic, and mechanical configuration of the production system to ensure the financial success of the conversion project, in terms of heat production potential and cost of development. The decision-making portion of the workflow comprises the technical, social, environmental factors driving the return on investment for the total or partial conversion of wells to geothermal production. These components are evaluated using artificial intelligence (AI) algorithms that reduce bias in the decision-making process. The automated workflow involves assessment of the following: Heat Potential: A data-driven model to determine the geothermal heat potential using geological conditions from basin modeling and data from offset wells.Flow Modeling: An ultra-fast, physics-based modeling approach to determine pressure and temperature changes along wellbores to model fluid flow potential, thermal flux, and injection operations.Mechanical Integrity: Casing and completions integrity and configuration are embedded in the process for flow rates modeling.Environmental, Social, and Governance (ESG): A decision modeling framework is setup to ensure the transparent validation of the technical components and ESG factors, including potential for water pollution, carbon emissions, and social factors such as induced seismicity and ambient noise levels The assurance of key ESG metrics will ensure a viable and sustainable transition into a globally available low-carbon source of energy such as geothermal. Our novel cloud- based automated decision-making environment incorporates a blockchain framework to ensure transparency of technical-related processes and tasks, driving the financial success of the conversion project. Ultimately, our automated workflow is designed to encourage and support the widespread adoption of low-carbon energy in the oil and gas industry.

scholarly journals DECISION QUALITY IN COMPLEX PRODUCT DEVELOPMENT: REFLECTIONS ON A CASE STUDY

2021 ◽  
Vol 1 ◽  
pp. 861-870
Author(s):  
Ghadir Siyam ◽  
Mariely Salgueiro ◽  
John Kennedy
Keyword(s):  
Decision Making ◽  
Oil And Gas ◽  
Dynamic Environment ◽  
Decision Quality ◽  
Future Research ◽  
Decision Making Process ◽  
Dependency Structure ◽  
Complex Projects ◽  
Wide Range ◽  
Dependency Structure Matrix

AbstractConceptual design projects are increasingly known as an intense decision-making process. Much of the decision-making is comparing the degree of preference between choices. In the complex projects of the upstream business of oil and gas, good decisions are crucial for success. Decisions are typically made within a dynamic environment, wide range of uncertainty, and have to account for the asset life cycle. This paper reflects on the application of the decision quality framework with a focus on decision modelling. Using an industrial example, a systematic approach to visualise and improve decision making process is proposed. The approach applies a Dependency Structure Matrix (DSM) and Decision Quality frameworks and identified opportunities for future research.

Methodology for Multi-Criteria Assessment of the Efficiency of Decision-Making when Extinguishing Fires at the Objects of Oil and Gas Industry

2021 ◽  
pp. 63-69
Author(s):  
R.R. Valiev ◽  
◽  
I.F. Khafizov ◽  
F.Sh. Khafizov ◽  
A.A. Sharafutdinov ◽  
...  
Keyword(s):  
Decision Making ◽  
Support System ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Fire Fighting ◽  
Information Support ◽  
Management Decision ◽  
Decision Making Process ◽  
Fire Control ◽  
Fire Extinguishing

For successful fighting large fires, it is required to develop new and improve existing decision-making mechanisms with the objective to increase the efficiency of actions of the involved fire-fighting units. When making decisions, the fire extinguishing manager must consider the efficiency of possible solutions. Assessment of the efficiency of each possible option is predictive and depends on the system of criteria used. The decision-making process in such conditions is associated with the use of formalized multi-criteria selection procedures, which, in fact, implement multi-criteria optimization. When choosing a multi-criteria solution, the fire extinguishing manager proceeds from his subjective ideas about the importance of the tasks to be solved at each site. Therefore, it is advisable for each fire protection object to develop its own management decision support system that allows to implement multi-criteria optimization based on the preferences of the fire extinguishing manager. The chosen solution option should ensure that several goals of the fire control system are achieved at once. Methodology is considered related to multi-criteria assessment, which can be used for an objective study of the actions of personnel to extinguish a fire for using them rationally in future. The proposed multi-criteria model for making managerial decisions makes it possible to study a wide class of problems of supporting the control of the fire extinguishing process based on the results of monitoring the actions of fire-fighting units. Practical application of the theoretical results in the form of a management information support system allows reducing the subjectivity and improving the efficiency of the management decision-making process when extinguishing fires.

AAC Decision-Making and Mobile Technology: Points to Ponder

2014 ◽  
Vol 23 (2) ◽  
pp. 104-111 ◽  
Author(s):  
Mary Ann Abbott ◽  
Debby McBride
Keyword(s):  
Decision Making ◽  
Mobile Technology ◽  
Communication System ◽  
Augmentative And Alternative Communication ◽  
Evaluation Process ◽  
Decision Making Process ◽  
Alternative Communication ◽  
Ipod Touch ◽  
Feature Match

The purpose of this article is to outline a decision-making process and highlight which portions of the augmentative and alternative communication (AAC) evaluation process deserve special attention when deciding which features are required for a communication system in order to provide optimal benefit for the user. The clinician then will be able to use a feature-match approach as part of the decision-making process to determine whether mobile technology or a dedicated device is the best choice for communication. The term mobile technology will be used to describe off-the-shelf, commercially available, tablet-style devices like an iPhone®, iPod Touch®, iPad®, and Android® or Windows® tablet.

Sign in / Sign up

Export Citation Format

Share Document