Table 6
EVoI for an appraisal well to assess the uncertainties BL and WOC. Values in USD million.
With information |
Without information |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
EMV | SB− | SB+ | ε(NPV)wi | EMV | SB− | SB+ | ε(NPV)woi | EVoIε | EVoIEMV | |
Perfect information | 1922 (+1.8%) | 376 (−1.0%) | 728 (+5.8%) | 2478 (+5.0%) | 1889 | 379 | 689 | 2360 | 118 | 34 |
Imperfect information (95% bl, 80% wo) | 1910 (+1.2%) | 378 (−0.4%) | 716 (+4.1%) | 2440 (+3.4%) | 1889 | 379 | 689 | 2360 | 80 | 22 |