{"id":"https://openalex.org/W1998690739","doi":"https://doi.org/10.2118/151825-ms","title":"Risk Analysis and Economic Evaluation of Oil and Gas Prospects Offshore Uruguay","display_name":"Risk Analysis and Economic Evaluation of Oil and Gas Prospects Offshore Uruguay","publication_year":2012,"publication_date":"2012-04-16","ids":{"openalex":"https://openalex.org/W1998690739","doi":"https://doi.org/10.2118/151825-ms","mag":"1998690739"},"language":"en","primary_location":{"id":"doi:10.2118/151825-ms","doi":"https://doi.org/10.2118/151825-ms","is_oa":false,"landing_page_url":"https://doi.org/10.2118/151825-ms","pdf_url":null,"source":{"id":"https://openalex.org/S4306530689","display_name":"SPE Latin American and Caribbean Petroleum Engineering Conference","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"conference"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SPE Latin America and Caribbean Petroleum Engineering Conference","raw_type":"proceedings-article"},"volume":null,"type":"conference-paper","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5030165220","display_name":"Santiago Ferro","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4405252601","display_name":"ANCAP (Uruguay)","ror":"https://ror.org/04apqa227","country_code":"UY","type":"company","lineage":["https://openalex.org/I4405252601"]}],"countries":["UY"],"is_corresponding":false,"raw_author_name":"S. Ferro","raw_affiliation_strings":["ANCAP Exploraci\u00f3n y Producci\u00f3n"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ANCAP Exploraci\u00f3n y Producci\u00f3n","institution_ids":["https://openalex.org/I4405252601"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5020209204","display_name":"Juan Tomasini","orcid":"https://orcid.org/0000-0003-3929-458X","observed_orcids":["https://orcid.org/0000-0003-3929-458X"]},"institutions":[{"id":"https://openalex.org/I4405252601","display_name":"ANCAP (Uruguay)","ror":"https://ror.org/04apqa227","country_code":"UY","type":"company","lineage":["https://openalex.org/I4405252601"]}],"countries":["UY"],"is_corresponding":false,"raw_author_name":"J. Tomasini","raw_affiliation_strings":["ANCAP Exploraci\u00f3n y Producci\u00f3n"],"raw_orcid":"https://orcid.org/0000-0003-3929-458X","affiliations":[{"raw_affiliation_string":"ANCAP Exploraci\u00f3n y Producci\u00f3n","institution_ids":["https://openalex.org/I4405252601"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5109237163","display_name":"Mat\u00edas Soto","orcid":"https://orcid.org/0009-0006-3196-9692","observed_orcids":["https://orcid.org/0009-0006-3196-9692"]},"institutions":[{"id":"https://openalex.org/I4405252601","display_name":"ANCAP (Uruguay)","ror":"https://ror.org/04apqa227","country_code":"UY","type":"company","lineage":["https://openalex.org/I4405252601"]}],"countries":["UY"],"is_corresponding":false,"raw_author_name":"M. Soto","raw_affiliation_strings":["ANCAP Exploraci\u00f3n y Producci\u00f3n"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ANCAP Exploraci\u00f3n y Producci\u00f3n","institution_ids":["https://openalex.org/I4405252601"]}]},{"author_position":"middle","author":{"id":null,"display_name":"E. Morales","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4405252601","display_name":"ANCAP (Uruguay)","ror":"https://ror.org/04apqa227","country_code":"UY","type":"company","lineage":["https://openalex.org/I4405252601"]}],"countries":["UY"],"is_corresponding":false,"raw_author_name":"E. Morales","raw_affiliation_strings":["ANCAP Exploraci\u00f3n y Producci\u00f3n"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ANCAP Exploraci\u00f3n y Producci\u00f3n","institution_ids":["https://openalex.org/I4405252601"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5049788442","display_name":"Pablo Rodr\u00edguez","orcid":"https://orcid.org/0000-0003-2015-7032","observed_orcids":["https://orcid.org/0000-0003-2015-7032"]},"institutions":[{"id":"https://openalex.org/I4405252601","display_name":"ANCAP (Uruguay)","ror":"https://ror.org/04apqa227","country_code":"UY","type":"company","lineage":["https://openalex.org/I4405252601"]}],"countries":["UY"],"is_corresponding":false,"raw_author_name":"P. Rodr\u00edguez","raw_affiliation_strings":["ANCAP Exploraci\u00f3n y Producci\u00f3n"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ANCAP Exploraci\u00f3n y Producci\u00f3n","institution_ids":["https://openalex.org/I4405252601"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5063057224","display_name":"B. Conti","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4405252601","display_name":"ANCAP (Uruguay)","ror":"https://ror.org/04apqa227","country_code":"UY","type":"company","lineage":["https://openalex.org/I4405252601"]}],"countries":["UY"],"is_corresponding":false,"raw_author_name":"B. Conti","raw_affiliation_strings":["ANCAP Exploraci\u00f3n y Producci\u00f3n"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ANCAP Exploraci\u00f3n y Producci\u00f3n","institution_ids":["https://openalex.org/I4405252601"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5112341614","display_name":"H\u00e9ctor de Santa Ana","orcid":"https://orcid.org/0009-0007-6226-692X","observed_orcids":["https://orcid.org/0009-0007-6226-692X"]},"institutions":[{"id":"https://openalex.org/I4405252601","display_name":"ANCAP (Uruguay)","ror":"https://ror.org/04apqa227","country_code":"UY","type":"company","lineage":["https://openalex.org/I4405252601"]}],"countries":["UY"],"is_corresponding":false,"raw_author_name":"H. de Santa Ana","raw_affiliation_strings":["ANCAP Exploraci\u00f3n y Producci\u00f3n"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ANCAP Exploraci\u00f3n y Producci\u00f3n","institution_ids":["https://openalex.org/I4405252601"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I4405252601"],"apc_list":null,"apc_paid":null,"fwci":4.301,"has_fulltext":false,"cited_by_count":4,"citation_normalized_percentile":{"value":0.93353116,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":93},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9297000169754028,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9297000169754028,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13925","display_name":"Offshore Engineering and Technologies","score":0.0348999984562397,"subfield":{"id":"https://openalex.org/subfields/2212","display_name":"Ocean Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T13193","display_name":"Geological Studies and Exploration","score":0.01080000028014183,"subfield":{"id":"https://openalex.org/subfields/1907","display_name":"Geology"},"field":{"id":"https://openalex.org/fields/19","display_name":"Earth and Planetary Sciences"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/offshore-oil-and-gas-exploration","display_name":"offshore oil and gas exploration","score":0.7120000123977661},{"id":"https://openalex.org/keywords/hydrocarbon-prospects","display_name":"hydrocarbon prospects","score":0.7289999723434448},{"id":"https://openalex.org/keywords/risk-analysis","display_name":"risk analysis","score":0.8619999885559082},{"id":"https://openalex.org/keywords/economic-evaluation","display_name":"economic evaluation","score":0.9800000190734863},{"id":"https://openalex.org/keywords/monte-carlo-simulation","display_name":"Monte Carlo simulation","score":0.8349999785423279},{"id":"https://openalex.org/keywords/sensitivity-analysis","display_name":"sensitivity analysis","score":0.828000009059906},{"id":"https://openalex.org/keywords/decision-tree-analysis","display_name":"decision tree analysis","score":0.9679999947547913},{"id":"https://openalex.org/keywords/expected-monetary-value","display_name":"expected monetary value","score":0.8019999861717224},{"id":"https://openalex.org/keywords/ultimate-recovery-factor","display_name":"ultimate recovery","score":0.6690000295639038},{"id":"https://openalex.org/keywords/net-present-value","display_name":"net present value","score":0.9309999942779541},{"id":"https://openalex.org/keywords/internal-rate-of-return","display_name":"internal rate of return","score":0.9100000262260437},{"id":"https://openalex.org/keywords/fiscal-system","display_name":"fiscal system","score":0.5099999904632568},{"id":"https://openalex.org/keywords/2d-seismic-survey","display_name":"2D seismic","score":0.5699999928474426},{"id":"https://openalex.org/keywords/development-concepts","display_name":"concept of development","score":0.3889999985694885}],"concepts":[{"id":"https://openalex.org/C162284963","wikidata":"https://www.wikidata.org/wiki/Q17106102","display_name":"Submarine pipeline","level":2,"score":0.7076239585876465},{"id":"https://openalex.org/C14034172","wikidata":"https://www.wikidata.org/wiki/Q358333","display_name":"Liquefied natural gas","level":3,"score":0.5529999136924744},{"id":"https://openalex.org/C9233905","wikidata":"https://www.wikidata.org/wiki/Q3276328","display_name":"Bidding","level":2,"score":0.4632355570793152},{"id":"https://openalex.org/C78762247","wikidata":"https://www.wikidata.org/wiki/Q1273174","display_name":"Petroleum engineering","level":1,"score":0.45871996879577637},{"id":"https://openalex.org/C526740375","wikidata":"https://www.wikidata.org/wiki/Q862571","display_name":"Petroleum industry","level":2,"score":0.4564736485481262},{"id":"https://openalex.org/C59427239","wikidata":"https://www.wikidata.org/wiki/Q40858","display_name":"Natural gas","level":2,"score":0.4498054087162018},{"id":"https://openalex.org/C2776364302","wikidata":"https://www.wikidata.org/wiki/Q1845437","display_name":"Oil field","level":2,"score":0.42570456862449646},{"id":"https://openalex.org/C2993723005","wikidata":"https://www.wikidata.org/wiki/Q7079691","display_name":"Offshore oil and gas","level":3,"score":0.4235961139202118},{"id":"https://openalex.org/C181230689","wikidata":"https://www.wikidata.org/wiki/Q192472","display_name":"Net present value","level":3,"score":0.42193278670310974},{"id":"https://openalex.org/C101433766","wikidata":"https://www.wikidata.org/wiki/Q3543263","display_name":"Maturity (psychological)","level":2,"score":0.42182764410972595},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.42151951789855957},{"id":"https://openalex.org/C182365436","wikidata":"https://www.wikidata.org/wiki/Q50701","display_name":"Variable (mathematics)","level":2,"score":0.41607633233070374},{"id":"https://openalex.org/C68189081","wikidata":"https://www.wikidata.org/wiki/Q12748","display_name":"Fossil fuel","level":2,"score":0.411257266998291},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.35339075326919556},{"id":"https://openalex.org/C39432304","wikidata":"https://www.wikidata.org/wiki/Q188847","display_name":"Environmental science","level":0,"score":0.351265013217926},{"id":"https://openalex.org/C175605778","wikidata":"https://www.wikidata.org/wiki/Q3299701","display_name":"Natural resource economics","level":1,"score":0.3324149549007416},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.33151230216026306},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.3222105801105499},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.2767300605773926},{"id":"https://openalex.org/C87717796","wikidata":"https://www.wikidata.org/wiki/Q146326","display_name":"Environmental engineering","level":1,"score":0.12771588563919067},{"id":"https://openalex.org/C187320778","wikidata":"https://www.wikidata.org/wiki/Q1349130","display_name":"Geotechnical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138496976","wikidata":"https://www.wikidata.org/wiki/Q175002","display_name":"Developmental psychology","level":1,"score":0.0},{"id":"https://openalex.org/C548081761","wikidata":"https://www.wikidata.org/wiki/Q180388","display_name":"Waste management","level":1,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2118/151825-ms","doi":"https://doi.org/10.2118/151825-ms","is_oa":false,"landing_page_url":"https://doi.org/10.2118/151825-ms","pdf_url":null,"source":{"id":"https://openalex.org/S4306530689","display_name":"SPE Latin American and Caribbean Petroleum Engineering Conference","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"conference"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SPE Latin America and Caribbean Petroleum Engineering Conference","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":6,"referenced_works":["https://openalex.org/W561423661","https://openalex.org/W1863125485","https://openalex.org/W2005379967","https://openalex.org/W2013206255","https://openalex.org/W2031795324","https://openalex.org/W3161714396"],"related_works":["https://openalex.org/W2982293616","https://openalex.org/W3042138347","https://openalex.org/W2094816732","https://openalex.org/W2003219880","https://openalex.org/W6982237782","https://openalex.org/W4387755492","https://openalex.org/W4384026485","https://openalex.org/W7063058355","https://openalex.org/W2150182851","https://openalex.org/W1992294003"],"abstract_inverted_index":{"Abstract":[0],"Hydrocarbon":[1],"exploration":[2,43,236,327],"offshore":[3,40,120,241,306,330],"Uruguay":[4,54,89,272],"has":[5],"been":[6],"historically":[7],"very":[8,286],"limited.":[9],"Only":[10],"two":[11,68],"wells":[12],"were":[13,157,169],"drilled":[14],"in":[15,18,32,73,251,259,271,324,329],"shallow":[16],"waters":[17],"1976.":[19],"Additionally,":[20],"there":[21],"are":[22,313],"about":[23],"30.000Km":[24],"of":[25,46,65,101,113,117,122,134,153,177,195,214,221,245,253,289,300],"2D":[26,95],"reflection":[27],"seismic,":[28],"including":[29,275],"6.400Km":[30],"acquired":[31],"2011.":[33],"ANCAP,":[34],"the":[35,63,76,80,88,99,107,114,131,178,193,199,210,218,231,235,246,255,265,290,297],"National":[36],"Oil":[37],"Company,":[38],"offered":[39],"areas":[41],"for":[42,67,128,159,171,230,315],"and":[44,110,125,155,186,223,237,249,267,278,311],"exploitation":[45],"hydrocarbons":[47,183],"to":[48,75,86,208,304],"interested":[49,323],"international":[50,317],"oil":[51,291,318],"companies":[52,319],"through":[53],"Round":[55,90,273],"2009.":[56],"This":[57,70,104,294],"bidding":[58],"round":[59],"successfully":[60],"ended":[61],"with":[62,140,240],"signature":[64],"contracts":[66,239],"areas.":[69],"auspicious":[71],"result,":[72],"addition":[74],"interest":[77],"shown":[78],"by":[79,162],"upstream":[81],"industry,":[82],"have":[83],"lead":[84],"ANCAP":[85,233],"launch":[87],"II.":[91],"The":[92,144],"most":[93],"recent":[94],"seismic":[96],"survey":[97],"allowed":[98],"definition":[100],"several":[102],"prospects.":[103],"article":[105],"presents":[106],"risk":[108],"analysis":[109,176,205,263],"economic":[111,225],"evaluation":[112,299],"potential":[115],"development":[116,167],"three":[118],"prospects":[119,305],"Uruguay,":[121,307],"different":[123],"type":[124],"depth,":[126],"considering":[127],"each":[129,160,172,196,215],"one":[130],"possible":[132],"occurrence":[133],"dry":[135],"natural":[136,138],"gas,":[137],"gas":[139],"condensate":[141],"or":[142],"oil.":[143],"Estimated":[145],"Ultimate":[146],"Recovery,":[147],"Net":[148],"Present":[149],"Value,":[150],"Internal":[151],"Rate":[152],"Return":[154],"Payout":[156],"determined":[158],"prospect":[161],"Monte":[163],"Carlo":[164],"simulation.":[165],"Different":[166],"concepts":[168],"considered":[170],"case.":[173],"A":[174],"sensitivity":[175],"key":[179],"variables":[180],"(reservoir":[181],"parameters,":[182],"price,":[184],"capital":[185],"operational":[187],"expenditures)":[188],"was":[189,206],"carried":[190],"out":[191,326],"showing":[192],"impact":[194],"variable":[197],"on":[198,243],"project.":[200],"Finally,":[201],"a":[202,285],"decision":[203],"tree":[204],"used":[207],"compute":[209],"Expected":[211],"Monetary":[212],"Value":[213],"case,":[216],"incorporating":[217],"geological":[219],"chance":[220],"success":[222],"minimum":[224],"field":[226],"size":[227],"as":[228],"inputs":[229],"assessment.":[232],"signs":[234],"production":[238],"Contractors":[242],"behalf":[244],"Uruguayan":[247,331],"Government,":[248],"is":[250],"charge":[252],"designing":[254],"fiscal":[256],"regime":[257],"ruling":[258],"Uruguay.":[260],"Thus,":[261],"this":[262,301],"includes":[264],"latest":[266],"real":[268],"terms":[269],"applied":[270,303],"II,":[274],"ANCAP's":[276],"participation":[277],"actual":[279],"market":[280],"considerations;":[281],"consequently":[282],"it":[283],"provides":[284],"good":[287],"estimation":[288],"company's":[292],"take.":[293],"work":[295],"constitutes":[296],"first":[298],"kind":[302],"therefore":[308],"its":[309],"results":[310],"conclusions":[312],"significant":[314],"those":[316],"that":[320],"might":[321],"be":[322],"carrying":[325],"activities":[328],"basins.":[332]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2016-06-24T00:00:00"}