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Paper The following article is Open access

Problem and models of multicriteria decision making and risk assessment of the arctic offshore oil and gas field development

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Published under licence by IOP Publishing Ltd
, , Citation A B Zolotuhin and Yu P Stepin 2019 IOP Conf. Ser.: Mater. Sci. Eng. 700 012050 DOI 10.1088/1757-899X/700/1/012050

1757-899X/700/1/012050

Abstract

The article is devoted to the systematic solution of problems of multi-criteria assessment and the possibility of implementing projects for the development of hydrocarbon deposits on the Arctic shelf under conditions of uncertainty and risk. Risks are considered in a narrow and broad sense. It is shown that the solution of tasks, in this case, comes down: 1) to a multi-criteria assessment of the quality level of a field based on a hierarchy analysis method that takes into account uncertainties and risks of operating objects through the relevant necessary indicators (criteria); 2) determining, with the help of game theory adopted with the nature of the criteria for selecting the best Bayesian strategies, of development options under both partial and full uncertainty conditions; 3) selection using the rules of the Borda, Pareto and multi-criteria dispersive risk model for choosing the best development strategy.

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10.1088/1757-899X/700/1/012050