IDEAS home Printed from https://ideas.repec.org/a/vrs/ajinst/v7y2018i3p195-198n16.html
   My bibliography  Save this article

Applying Simulation for Oil and Gas Industry Case Albpetrol Company

Author

Listed:
  • Mjeda Blerta

    (Department Applied Statistics and Informatics, Economic Faculty, University of Tirana)

Abstract

The overall subject for this paper is to enlarge our understanding of simulation behavior while working in investment projects, taking as example the Albpetrol oil production company. An understanding of simulation behavior is essential, since human resources should be regarded as competitive strengths for organizations competing in an international market. The objective of this evaluation is to understand if this investment project has a good chance to be implemented, and to be undertaken as a project, or if the chances are lower. Taking into accountant the importance of oil and gas industry today we should offer the better conditions and better services in order to survive the competition and this is possible if we are doing a good research. For years the company has taken into consideration the possibility of drilling new wells, serving in the existing deposits where it is carrying out its activity. for this purpose, all the data on these deposits have been analyzed and studied, and it has already been concluded that Albpetrol could launch new wells in the fields such as Cakran-Mollaj, Amonice and Patos-Marinze.

Suggested Citation

  • Mjeda Blerta, 2018. "Applying Simulation for Oil and Gas Industry Case Albpetrol Company," Academic Journal of Interdisciplinary Studies, Sciendo, vol. 7(3), pages 195-198, November.
    • Handle: RePEc:vrs:ajinst:v:7:y:2018:i:3:p:195-198:n:16
    DOI: 10.2478/ajis-2018-0070
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/ajis-2018-0070
    Download Restriction: no
    File URL: https://libkey.io/10.2478/ajis-2018-0070?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:ajinst:v:7:y:2018:i:3:p:195-198:n:16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.