Poor Production Forecast, Lunch and Learn


14/05/2019 Force and the Integrated Reservoir Modelling Group invites you to a lunch and learn seminar on Poor Production Forecasts - Here's why and what you can do about it. May 27th at 1130 am.

Reidar B Bratvold, UiS and NTNU

It is a well-known fact that many projects on the Norwegian Continental Shelf (NCS) have experienced significant cost overruns and schedule delays. Similar cost and schedule deviations have been documented in many other industries, leading Prof Flyvbjerg of Oxford University to propose an “iron law of megaprojects”: “Over budget, over time, over and over again.” Not surprisingly, such overruns are eroding the economic value of the investments. 

To read more and register, click here

Updated: 14/05/2019