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..