RESEARCH ON THE SYSTEM DYNAMICS MODEL FOR OIL’S EXPLORATION AND EXPLOITATION

摘要

This paper presents an interactive computer-based economic model and its sensitivity analysis developed on the latest data of SL oil field. Application of theory and method of system dynamics is implemented in the model. Finally, results of simulations and forecast of the situation of exploration and exploitation of SL oil field for next ten years is presented in the paper. Based on the simulations and sensitivity analysis, the proposed mod el provides scientific foundation for to decision department to formulate future policy regarding exploration and Exploitation.