Liquefied natural gas (LNG), recognized as the fossil fuel with the lowest carbon emission intensity, is a crucial transitional energy source in the global shift towards low-carbon energy. As the natural gas industry undergoes rapid expansion, the complexity of investment business models has increased significantly. Optimizing the combination of various segments within the value chain has become standard practice, making it essential to control risks and enhance economic benefits in these multifaceted scenarios. This paper introduces an integrated economic model encompassing upstream, liquefaction, shipping, regasification, and consumption, suitable for both upstream and downstream integration. The model offers a comprehensive analysis of the primary business models and key factors across each segment of the value chain. By constructing a robust economic evaluation framework, the study aims to provide a holistic approach to understanding the economic feasibility of LNG projects. Two detailed case studies are conducted to demonstrate the application and effectiveness of the proposed model, highlighting its capability to guide investment decisions, support risk management, and optimize asset portfolios. The integrated economic model developed in this study serves as a valuable tool for stakeholders in the LNG industry. It not only facilitates informed investment decision-making but also enhances the strategic management of risks and resources. By leveraging this model, investors and managers can better navigate the complexities of the LNG business, ensuring sustainable and economically viable operations.
The rapid and accurate evaluation of oil and gas assets, specifically for new development projects, poses a significant challenge due to the various project types, limited data availability, brief periods for assessment and decision making, and constraints arising from varying contractual and taxation conditions, political stability, and societal factors. This study leverages the grading standards of the evaluation index system for new oil and gas field development projects, along with relevant mathematical theories and methods for project evaluation and optimization. We developed an asset evaluation approach for new oil and gas projects by analyzing the assets of six new oil and gas field development projects in Brazil. This analysis resulted in the grading and ranking of new projects, and we tested and demonstrated four asset optimization techniques. After a comparative analysis with conventional evaluation results, we established an oil and gas project asset optimization approach centered on the cloud model comprehensive evaluation and linear weighted ranking, exhibiting Kendall’s tau coefficient of 0.8667 with conventional methods. The findings suggest that the combination of the cloud model comprehensive evaluation method with the linear weighted ranking method can facilitate asset optimization for oil and gas field development projects, meeting the practical needs for fast selection among various new projects. Furthermore, this research offers a technical and theoretical foundation for rapid evaluation and decision making regarding new assets.
Strong heterogeneity and ambiguous seismic responses hinder reliable sandstone thickness prediction when using a single seismic attribute in the lower sandstone interval of the Talang Akar Formation (hereafter abbreviated as the LTAF interval) in the B gas field, South Sumatra Basin. To address this challenge, we propose a seismic attribute fusion and reservoir sweet-spot prediction framework based on a multiscale convolutional neural network (CNN) integrated with a self-attention module. Multiple seismic attribute volumes are organized as multi-channel 2D attribute slices, and parallel convolutions with kernel sizes of 3 × 3, 5 × 5, and 7 × 7 are employed to capture spatial features ranging from thin-bed boundaries and channel morphology to sand-body assemblage distribution. The self-attention module explicitly models inter-attribute dependencies and performs adaptive weighted fusion to suppress noise and emphasize informative attributes. The network adopts a dual-output design, producing (i) a sandstone thickness prediction map at the same spatial resolution as the input and (ii) attribute importance scores for quantitative attribute selection and geological interpretation. Using 3D seismic data and well-constrained thickness labels, the proposed model achieves an R2 of 0.8954, outperforming linear regression (R2 = 0.8281) and random forest regression (R2 ≈ 0.8453). The learned importance scores indicate that amplitude-related attributes (e.g., RMS amplitude and maximum amplitude) contribute most to thickness prediction, whereas frequency- and energy-related attributes show relatively lower contributions, which is consistent with bandwidth-limited resolution effects. Overall, the proposed framework unifies attribute fusion, thickness prediction, and interpretability within a single model, providing practical support for fine reservoir characterization and development optimization in heterogeneous sandstone reservoirs.
Oil and gas development is characterized by high technical complexity, strong interdisciplinarity, long investment cycles, and significant uncertainty. To meet the need for quick evaluation of overseas oilfield projects with limited data and experience, this study develops an analogy indicator system and tests multiple machine-learning algorithms on two analogy tasks to identify the optimal method. Using an initial set of basic indicators and a database of 1436 oilfield samples, a combined subjective–objective weighting strategy that integrates statistical methods with expert judgment is used to select, classify, and assign weights to the indicators. This process results in 26 key indicators for practical analogy analysis. Single-indicator and whole-asset analogy experiments are then performed with five standard machine-learning algorithms—support vector machine (SVM), random forest (RF), backpropagation neural network (BP), k-nearest neighbor (KNN), and decision tree (DT). Results show that SVM achieves classification accuracies of 86% and 95% in medium-high permeability sandstone oilfields, respectively, greatly surpassing other methods. These results demonstrate the effectiveness of the proposed indicator system and methodology, providing efficient and objective technical support for evaluating and making decisions on overseas oilfield development projects.