Resumen del autor, extraído del trabajo. Petroleum companies are required to record and manage massive amounts of specific data. By using an integrated software system (from field data capture and economic modelling, to budgeting and risk analysis), this data can be "pushed" through a company in the form of a living business plan, which permits enhanced, near-real-time decision making. Using economic models, "what if" risk analysis scenarios, and up-to-the-day information, a realistic snapshot of a company's operations can be created. Unlike an annual budget, which is static, a living business plan is routinely updated to consider changes in oil prices, currency, operations, new wells, etc. [The author did not provide a full text of this paper. An Extract from the Visual aids used in the above presentation is reprinted below:- ...............Editor.].