HA47 : Appraisal and Prioritization of Technologies Involved in Upstream Oil and Gas through Value Chain Analysis
Thesis > Central Library of Shahrood University > Industrial Engineering & Management > MSc > 2013
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Abstarct: Due to existence of huge oil and gas reserves in Iran, petroleum industry has a major
importance in all economics, politics, social and scientific aspects of country. In order to
maximize value in this industry precise identification and analysis of value chain is critical.
The oil and gas industry encompasses a range of different activities and processes that
jointly contribute to the transformation of underlying petroleum resources into useable
end-products. These different activities are inherently lixnked with each other (conceptually,
contractually, and physically). The value chain starts with the exploration for potential
reserves, after that petroleum fields are appraised, developed, and produced. These
activities are generally called exploration and production (E&P) or referred to as “upstream”
oil and gas. After human, natural, financial resources and market, technology is considered
as the most important element in value creation and core competency. Upstream oil and
gas industry as the main part of petroleum value chain encompasses a vast range of
technologies. As developing all the technologies requires great cost and time, it is essential
to prioritize technologies for investment.
As technology appraisal is considered as one of technology strategy development steps and
according to the importance of understanding value creation process in upstream oil and
gas industries; Porter’s technology strategy model has been considered as the baxse of this
research. First of all a survey on the literature and previous researches about technology
strategy, technology appraisal and prioritizing and petroleum value chain has been carried
out to identify initial technology appraisal indicators (Attractiveness-Ability) and petroleum
value chain in upstream and to plan research executive model.
In this research, with identification of related experts, upstream value chain has been
analyzed and the technology tree under each chain has been identified according to
references and experts’ opinion. Then through experts’ panel, technology appraisal
indicators has been defined and nationalized. A questionnaire has been prepared to
examine each indicator’s quantity for each technology, then by implementing a TOPSIS - a
Multi Criteria Decision Making method- these technologies has been prioritized. Enhanced
Oil Recovery (EOR) technologies has been identified as the first priority with significant
difference. Regarding the fact that Iran’s most major reservoirs are experiencing the end of
their mature life phase, this rank shows the importance of enhancing recovery factor baxsed
on expert’s opinion. This prioritizing can be assumed as an appropriate reference for
investment and new technology development policies in upstream oil and gas.
Keywords:
#Upstream Oil and Gas #Technology #Value Chain #Technology Appraisal and Prioritization #Appraisal Indicators (Attractiveness – Ability) Link
Keeping place: Central Library of Shahrood University
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Keeping place: Central Library of Shahrood University
Visitor: