TECHNOLOGY TRANSFER AS A COMPETITIVE ADVANTAGE:

摘要

Petroleum companies are required to record and manage massive amounts of specific data. By using anintegrated software system (from field data capture and economic modelling, to budgeting and risk analysis), thisdata can be “pushed” through a company in the form of a living business plan, which permits enhanced, near-realtimedecision making. Using economic models, “what if” risk analysis scenarios, and up-to-the-day information, arealistic snapshot of a company’s operations can be created. Unlike an annual budget, which is static, a livingbusiness plan is routinely updated to consider changes in oil prices, currency, operations, new wells, etc.