DECISION SYSTEM OF HYDROCARBON RESOURCE EXPLORATION——A PRELIMINARY APPROACH TO THE EVALUATION OF EXPLORATION, DEVELOPMENT AND MARKETS AS A WHOLE
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Abstract
In this paper, the importance of exploration decision and the theory and method of decision are discussed. it is established that economic benefits are the priorest decision norm of all. Also, the decision system of hydrocarbon resource exploration with the core of economic benefits, the bases of statistics, information and controls and the method of dynamics, which makes exploration, development and markets as a whole, is introduced.
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