TY - DATA AU - Vukelic,M. AU - Pescara,R. AU - Franco,A. AU - Pescara,R. AU - Franco,A. ED - Latin American and Caribbean Petroleum Engineering Conference (7th : 2001 mar. 25-28 : Buenos Aires, Argentina) ED - Latin American and Caribbean Petroleum Engineering Conference (7th : 2001 mar. 25-28 : Buenos Aires, Argentina) TI - Economic Evaluation of a Multi-Prospect Exploratory Block: SPE 69615 PY - 2001/// CY - Dallas, Texas PB - Society of Petroleum Engineers N2 - This work describes a methodology used to evaluate an exploratory block with 56 prospects and leads. The method is based on Monte Carlo simulations of exploration and development scenarios of the entire block. We obtained probability distributions of production, capital expenditures, cash flow net present values, etc. that allow management to determine the value and understand the risk of the business. The same methodology can be used to evaluate and optimize the exploration portfolio of a company UR - https://biblioteca.iapg.org.ar/ArchivosAdjuntos/LACPEC2001/Spe69615.pdf ER -