Risk management

Although they only make up about 10% of total US production, the vast majority of onshore US conventional wells are stripper wells. What are the implications for buyers seeking assets?
This paper presents a novel matrix to identify environmental and social elements relevant for the development of oil and gas projects. It also proposes a useful traffic light and multivariate analysis methods for the evaluation of these elements.
A global trend has developed toward the application of risk-based assessment (RBA) techniques for managing environmental risks and considering potential effects of produced-water (PW) discharge.

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