Updated E&D portfolio management toolAS$ET 3.1 is a new version of an exploration and production portfolio management tool.The application's combination of ring fencing, Monte Carlo modeling techniques, and a built-in field-development planning tool allows evaluation of economic criteria to provide a portfolio analysis.It incorporates a screening window that makes it simple to use for noneconomists and novice users. The combination of modeling techniques enables users to extract accurate evaluations, whether for a single project, a group of projects, or a complex global portfolio.The inclusion of an estimating tool means that input data such as reserves, water depth, and reservoir dep...

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