Risk In Exploration And Production - Eliminating Risk Is Not An Option - It's How You Manage It That Matters!
Keyword(s):
The Us
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Abstract The paper aims to provide insights as to what risk elements are observed in the US shale and tight oil and gas development and how they sit in a European setting. In doing so the paper explores the comparative advantages in prescriptive and performance based approaches for shale risk management and through discussing consequence based vs. risk based philosophies. The author uses metrics for below ground risks to compare risk levels. In doing so the paper aim to qualify what what is perceived as risk and what risks are measured in unconventional oil and gas exploration and production.
2012 ◽
Vol 14
(4)
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pp. 352-365
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2019 ◽
Vol 653
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pp. 82-90
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Keyword(s):