Skip to main content

Research Repository

Advanced Search

Fuzzy logic applied to value of information assessment in oil and gas projects. (2019)
Journal Article
VILELA, M., OLUYEMI, G. and PETROVSKI, A. 2019. Fuzzy logic applied to value of information assessment in oil and gas projects. Petroleum science [online], 16(5), pages 1208-1220. Available from: https://doi.org/10.1007/s12182-019-0348-0

The concept of value of information (VOI) has been widely used in the oil industry when making decisions on the acquisition of new data sets for the development and operation of oil fields. The classical approach to VOI assumes that the outcome of th... Read More about Fuzzy logic applied to value of information assessment in oil and gas projects..

A fuzzy inference system applied to value of information assessment for oil and gas industry. (2019)
Journal Article
VILELA, M., OLUYEMI, G. and PETROVSKI, A. 2019. A fuzzy inference system applied to value of information assessment for oil and gas industry. Decision making: applications in management and engineering [online], 2(2), pages 1-18. Available from: https:// doi.org/10.31181/dmame1902001v

Value of information is a widely accepted methodology for evaluating the need to acquire new data in the oil and gas industry. In the conventional approach to estimating the value of information, the outcomes of a project assessment relate to the dec... Read More about A fuzzy inference system applied to value of information assessment for oil and gas industry..