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Record W4308459439 · doi:10.2118/210290-pa

Technology Development Framework: Moving from Qualitative toward Quantitative Decision-Making

2022· article· en· W4308459439 on OpenAlexaffabout
Hamish P. Clark, Orlando Castellanos Diaz

Bibliographic record

VenueSPE Journal · 2022
Typearticle
Languageen
FieldEngineering
TopicTechnology Assessment and Management
Canadian institutionsSuncor Energy (Canada)
Fundersnot available
KeywordsComputer scienceCommercializationPortfolioRisk analysis (engineering)Key (lock)Software deploymentScalabilityProcess (computing)Set (abstract data type)Data scienceProcess managementBusinessComputer securityMarketing

Abstract

fetched live from OpenAlex

Summary 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 derisking 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 paper 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 (PTDs) are developed. A value of information (VOI) approach is used to evaluate key metrics. This leads to a diverse set of derisking 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. More than 25 technologies have been progressed using elements of this workflow with 7 of the more complex and expensive projects using the full quantitative VOI approach. These analyses have been used to inform decision-making on more than $400 million1 of proposed derisking 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 machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.062
metaresearch head score (Gemma)0.032
Version: metacan-v3-hybrid-931329e0061cValidation 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: Methods · Consensus signal: Methods
Teacher disagreement score0.062
Threshold uncertainty score0.328

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0620.032
Meta-epidemiology (narrow)0.0020.001
Meta-epidemiology (broad)0.0010.002
Bibliometrics0.0080.006
Science and technology studies0.0030.012
Scholarly communication0.0150.010
Open science0.0060.007
Research integrity0.0030.007
Insufficient payload (model declined to judge)0.0070.001

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 head0.338
Teacher spread0.312 · 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 source (direct Gemma or distilled Codex), not a consensus.

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

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

Citations2
Published2022
Admission routes2
Has abstractyes

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