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Technology Development & Implementation

TechnologyAfter a merger, a major oil and gas company found it was left with multiple trading systems, which were not well coordinated and supported only limited types of trading.

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Events

12 10260 WestheimerHouston Texas
Mar 8 - 9, 2012
08:00 AM - 04:00 PM
Take the guesswork out of the decision process and arms you with the tools you need to become much more proficient and confident in your ability to make deliberate, creative, and value-driven...
14Platinum: PKF Texas Gold: Schlumberger, Silver: McGriff Seibels & Williams, Westin Galleria - 5060 West AlabamaHouston Texas
Apr 5, 2012
06:30 AM - 09:00 AM
Established in 1994, the Oilfield Breakfast Forum has emerged as one of the premiere thought-leadership events in Houston, attracting over 700 industry executives per event. Held three times a year,...

News/Features

32
Oct 29, 2011
Unconventional Type Curves: Useful, or Sirens of Destruction?
William J. Haskett presents technical paper at ATCE 2011
31
Aug 3, 2011
Decision Strategies Names CEO and COO
Decision Strategies, a Houston-based strategic management consulting firm, announced the appointment of Patrick Leach as chief executive officer and Steve Jacobs, chief operating officer.

Thought Leadership Blog

The usual stage at which risk tolerance is applied is the development phase of a project. Companies are comfortable with the notion of failed exploration wells, but not failed developments. Stringent...
Posted by: Patrick Leach on 05/03/2011 03:14 PM
3
Routine decisions – whether business or personal – are easy. We make them without a lot of thought. Kahneman and Klein identified four criteria to be met in order to make a decision by...
Posted by: Patrick Leach on 03/31/2011 12:06 PM
2
In any situation where you need to make a critical decision, there is always some level of risk – whether you’re working on an internal reorganization or considering a multi-billion dollar...
Posted by: Paul Wicker on 07/07/2010 08:55 PM
1

Resource Library Overview

We are pleased to share a variety of resources and articles that offer insight to those responsible for making critical decisions and/or those who want to learn best practices for decision making.

White Papers

Planning for Today's Drilling costs, Risks, and Timelines (PDF)

Uncertainty as a Source of Value (PDF)

Light at the End of the Tunnel (PDF)

Published Articles

Seeing the Forest As Well As the Trees (PDF)

Improving the Odds for Success (PDF)

Simulation improves decisions: Integrated simulation programs enhance strategic decision-making (PDF)

Exploitation and Management of Risk and Uncertainty (PDF)

Avoiding Decision Traps (PDF)

Improving Upstream Forecasts (PDF)

Unconventional Resource Exploration - Understanding Value, Risk, and Decisions (PDF)

Risk Analysis Approach: Helping Operators See the Light in Unconventional Plays (PDF)

Late and Over Budget: Why Projects Always Seem to Take Longer and Cost More Than Planned (PDF)

Evaluation of Unconventional Resource Plays (PDF)

Production Profile Evaluation as an Element of Economic Viability and Expected (PDF)

Managing Maintenance Expenditures with Integrated Decision Analysis (PDF)

Practical Optimization: Working with the Realities of Decision Management (PDF)

What Do All Single Point Forecasts Have in Common? (PDF)

Optimal Appraisal Well Location Through Efficient Uncertainty Reduction and Value of Information Techniques (PDF)

Survivor's Rich Got Rich, But Did He Make a Good Decision? (PDF)

Oilfield Breakfast Forum Presentations

March 25, 2010 Oilfield Breakfast Forum

July 23, 2010 Oilfield Breakfast Forum

December 3, 2010 Oilfield Breakfast Forum

April 8, 2011 Oilfield Breakfast Forum

July 29, 2011 Oilfield Breakfast Forum

December 9, 2011 Oilfield Breakfast Forum

Case Studies / Success Profiles

Petrochemical Strategy for a Developing Company

Corporate Business Strategy - Energy

Oil and Gas Strategic Trading Strategy

Oil and Gas Deepwater Development

Corporate Business Strategy - Exploration

Literature

Integrated Decision Management

Introduction to Decision Analysis

Why Can't You Just Give Me A Number: An Executive's Guide to Using Probabilistic Thinking to Manage Risk and to Make Better Decisions

Decision Strategies Oil and Gas Consulting Services Brochure (PDF)

Decision Strategies Corporate Brochure (PDF)

Decision Strategies Downstream & Chemicals Consulting Services Brochure (PDF)

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