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Record W4297916321 · doi:10.2118/210290-ms

Technology Development Framework: Moving From Qualitative to Quantitative Decision-Making

2022· article· en· W4297916321 on OpenAlexaffabout
Hamish P. Clark, Orlando Castellanos Diaz

Bibliographic record

VenueSPE Annual Technical Conference and Exhibition · 2022
Typearticle
Languageen
FieldEngineering
TopicTechnology Assessment and Management
Canadian institutionsSuncor Energy (Canada)
Fundersnot available
KeywordsComputer scienceCommercializationPortfolioSoftware deploymentScalabilityKey (lock)Risk analysis (engineering)Process (computing)Data scienceProcess managementKnowledge managementComputer securityBusinessMarketing

Abstract

fetched live from OpenAlex

Abstract Technology development in the energy sector typically suffers from an ad hoc approach to making decisions about the key questions of "What is the next de-risking step?" and "At what scale?". This lack of structure in decision making occurs despite the technology development process usually being within a stage gated protocol. This often leads to significant waste of time and resources and plenty of "surprises" about the extent of additional testing required. The approach proposed in this manuscript is relatively simple to use, scalable, and transferable across industry sectors. Consistent application of the methodology has the potential to bring a quantitative rigor that can lead to more effective and efficient technology development and improve both intellectual and monetary capital allocation. Additionally, the framework provided facilitates a more structured and faster learning curve for people moving into technology development roles. Starting with a high-level understanding of the technology and business case, the methodology identifies possible commercial deployments and associates key technical and commercial risks that can be barriers to commercialization. Then, using a "Risk Burndown" approach based around an initial assessment of Probability of Success (POS), different Paths to Deployment (PTD) are developed. A Value of Information (VOI) approach is used to evaluate key metrics. This leads to a diverse set of de-risking options with associated trade-offs for informed decision making. The methodology has been developed and deployed since 2017 across a portfolio of both incremental improvement and game-changing subsurface technologies at Suncor Energy, a large integrated Canadian energy company. Over 25 technologies have been progressed using elements of this workflow with 7 of the more complex and expensive projects employing the full quantitative VOI approach. These analyses have been used to inform decision making on over CAD 400 million of proposed de-risking activity spend.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.412
Threshold uncertainty score0.771

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.001
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.026
GPT teacher head0.330
Teacher spread0.305 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2022
Admission routes2
Has abstractyes

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