Goal - make better, more informed, prudent decisions.

Figures and articles below capture the evolution of thinking about risk and return as presented.

Hybrid approach to well economics, Oil & Gas Financial Journal, July, 2016
https://www.ogj.com/artic...-well-economics.html


Hybrid approach to risk management, OGFJ October, 2016
https://www.ogj.com/artic...risk-management.html

Operating profitably with $50 oil, OGFJ December, 2016
https://www.ogj.com/artic...bly-with-50-oil.html


Hybrid approach to debt-equity structure, OGFJ November, 2017
https://www.ogj.com/artic...quity-structure.html


Hybrid combines bottom-up well economics and top-down portfolio simulations using oil & gas production data at the well / asset level.

Actionable - get past using averages, leverage analytics to exploit data granularity and process transparency.

Feel free to chime in and create a community of sharing ideas on continuous improvement.

p.s.as shown in the talk, the ultimate UI for AI-first second opinion in 3Ps, here is a link to Alexa Proved Undeveloped (PUD):

https://www.amazon.com/s/...keywords=well+proved