Academic literature on the topic 'Comparison between fictitious and real company'

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Journal articles on the topic "Comparison between fictitious and real company"

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Wolter, Jeremy S., V. Myles Landers, Simon Brach, and J. Joseph Cronin. "Customer-company identification transfer across service alliances." Journal of Service Management 29, no. 1 (2018): 98–119. http://dx.doi.org/10.1108/josm-05-2017-0115.

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Purpose The purpose of this paper is to examine whether customer-company identification (CCI) can transfer from one organization to the next within the context of service alliances. Design/methodology/approach A between-subjects experiment using a fictitious alliance and a field study focused on a real alliance tests identification transfer at the time of a service alliance announcement and while the service alliance is in operation. Findings Identification transfer is enabled by an exclusive service alliance but not an inclusive one. For identification transfer to be maintained, customers must perceive the companies as a coherent group (i.e. high entitativity) and have close physical proximity to the alliance. Originality/value By drawing heavily on self-categorization theory for the proposed effects, the current research provides a new theoretical framework to the service and brand alliance literature that contrasts with the attitude-based theories commonly used. Furthermore, the current research explores how company-company relationships influence CCI whereas most research has focused on characteristics of the customer-company relationship. These two differences suggest service alliances provide more value to the companies and customers than currently realized.
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Fernández, Joaquín, Manuel Rodríguez-Vallejo, Javier Martínez, Ana Tauste, and David P. Piñero. "New Approach for the Calculation of the Intraocular Lens Power Based on the Fictitious Corneal Refractive Index Estimation." Journal of Ophthalmology 2019 (May 14, 2019): 1–9. http://dx.doi.org/10.1155/2019/2796126.

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Purpose. To identify the sources of error in predictability beyond the effective lens position and to develop two new thick lens equations. Methods. Retrospective observational case series with 43 eyes. Information related to the actual lens position, corneal radii measured with specular reflection and Scheimpflug-based technologies, and the characteristics of the implanted lenses (radii and thickness) were used for obtaining the fictitious indexes that better predicted the postoperative spherical equivalent (SE) when the real effective lens position (ELP) was known. These fictitious indexes were used to develop two thick lens equations that were compared with the predictability of SRK/T and Barrett Universal II. Results. The SE relative to the intended target was correlated to the difference between real ELP and the value estimated by SRK/T (ΔELP) (r = −0.47, p=0.002), but this only predicted 22% of variability in a linear regression model. The fictitious index for the specular reflection (nk) and Scheimpflug-based devices (nc) were significantly correlated with axial length. Including both indexes fitted to axial length in the prediction model with the ΔELP increased the r-square of the model up to 83% and 39%, respectively. Equations derived from these fictitious indexes reduced the mean SE in comparison to SRK/T and Barrett Universal II. Conclusions. The predictability with the trifocal IOL evaluated is not explained by an error in the ELP. An adjustment fitting the fictitious index with the axial length improves the predictability without false estimations of the ELP.
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Chen, S. L., C. Y. Song, and L. Z. Chen. "Two-pile interaction factor revisited." Canadian Geotechnical Journal 48, no. 5 (2011): 754–66. http://dx.doi.org/10.1139/t10-095.

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A rigorous analytical method is developed for calculating the interaction factor between two identical piles subjected to vertical loads. Following the scheme proposed by Muki and Sternberg, the problem is formulated by decomposing the pile soil system into an extended soil mass and two fictitious piles. With the consideration of the compatibility condition that the axial strain of the fictitious pile be equal to the corresponding strain average over the extended soil, a Fredholm integral equation of the second kind governing the unknown axial forces along fictitious piles is established and then solved using numerical procedures. The real pile head settlement is subsequently calculated based on the determined fictitious pile forces and finally, the desired pile interaction factor is derived. Comparison with existing solutions confirms that the conventional interaction factor approach does tend to overestimate the interaction and may cause considerable errors for long compressible piles. Numerical results for the interaction factor between two piles in both semi-infinite and finite layered soils are presented over a wide range of pile and soil parameters, and also the settlement behaviour of a 3 × 3 pile group embedded in a semi-infinite soil is studied by virtue of the newly established interaction factor.
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Libralato, Michele, Onorio Saro, Alessandra de Angelis, and Simone Spinazzè. "Comparison between Glaser Method and Heat, Air and Moisture Transient Model for Moisture Migration in Building Envelopes." Applied Mechanics and Materials 887 (January 2019): 385–92. http://dx.doi.org/10.4028/www.scientific.net/amm.887.385.

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The Glaser method is an assessment procedure for the risk of moisture accumulation in building mono-dimensional structures, that could be used to evaluate mould risk and interstitial condensation risk.It is based on a simplified model that does not represent the real phenomenon and its limitations are well-known qualitatively.This work provides a comparison in terms of moisture content between the Glaser method and WUFI Pro, an advanced heat, air and moisture transfer prediction tool. First the influence of material properties is evaluated on four fictitious materials walls, then six different building envelope typologies for six weather files from Central and Southern Europe are modelled to evaluate the Glaser method results.The effects of the Glaser method simplifications are quantified in terms of moisture content percentage difference.
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Ferreras-Garcia, Raquel, Ana Beatriz Hernández-Lara, and Enric Serradell-López. "Entrepreneurial competences in a higher education business plan course." Education + Training 61, no. 7/8 (2019): 850–69. http://dx.doi.org/10.1108/et-04-2018-0090.

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Purpose The purpose of this paper is twofold: first, to study which perceived and attained entrepreneurial competences acquired by students while developing a business plan are rated most highly; and second, to analyse the differences observed in entrepreneurial competences, depending on whether the business plan developed is real or fictitious. Design/methodology/approach To analyse the role played by business plans in perceptions and attainment of competence, data were collected from students enrolled on a final project course of a bachelor’s degree, specifically the Bachelor’s Degree in Business Administration and Management at the Universitat Oberta de Catalunya. The course in question focussed on entrepreneurship and business plans. The data on perceived and attained competences were obtained through questionnaires and assessment rubrics, respectively. Mean comparison analyses were conducted to investigate any differences in entrepreneurial competences existing between students developing real or fictitious business plans. Findings The paper finds evidence that the process of creating a business plan results in entrepreneurial competence being highly rated and that whether the business plan is real or fictitious does not affect the level of entrepreneurial competence. Research limitations/implications A longitudinal study will be required to analyse how entrepreneurial competences evolve during the business plan creation process. Originality/value This paper finds that few studies have been conducted to explore entrepreneurial competences in relation to business plan development and shows that more complete research is required. Moreover, both perceived and achieved competences are considered, an analysis not previously carried out.
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Miller, Jessica, and Nick Quinn. "EXERCISE WESTWIND – A COLLABORATIVE OIL SPILL RESPONSE BY OIL & GAS OPERATORS AND AGENCIES." International Oil Spill Conference Proceedings 2017, no. 1 (2017): 2851–62. http://dx.doi.org/10.7901/2169-3358-2017.1.2851.

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Abstract On June 9th, 2015, ACME Oil Company’s rig suffered a dynamic positioned ‘run-off’. The mobile drilling unit lost its station above the wellhead and a loss of well control was experienced. “A massive environmental emergency unfolded…affecting pristine coastline and masses of wildlife”. Incident Management and Field Response Teams were activated in a multi-agency operation, bringing together 200 personnel from 16 oil and gas companies and 18 government agencies and third party providers. Source control, aerial, offshore, nearshore, shoreline and oiled wildlife response capabilities were deployed and national/international support was utilised. Jointly managed by the Australian Marine Oil Spill Centre (AMOSC), the Australian Maritime Safety Authority (AMSA), the Federal Department of Industry and Science, and the Western Australian Department of Transport -Exercise Westwind was a successful multi-faceted marine spill response, demonstrating Australia’s collective Industry/Government capacity to respond to a large, offshore loss of well control incident in a remote and isolated location. ACME Oil Company was a fictitious company formed to enable the amalgamation of Australian petroleum companies to exercise industry arrangements under one ‘banner’ during the exercise period. ACME Oil Company had its own set of credentials, company website and Oil Pollution Emergency Plan. The company also held real time memberships with a number of service providers including AMOSC, Oil Spill Response Ltd, Trendsetter Engineering International, Oceaneering Australia and addenergy. Representing an innovative approach to spill response exercising, ACME Oil Company was a valuable and critical aspect to industry and governments participation under a non-attributable banner. Additionally, it enabled safe, widespread lessons to be observed, allowed for real-time testing of arrangements and provided a safe environment for regulators, stakeholder and industry interplay. The exercise was an efficient and practical solution for Industry titleholders and their third party supporting organisations, to test shared response resources and to ensure Industry arrangements for responding to oil pollution are in accordance with the Offshore Petroleum and Greenhouse Gas Storage (Environment) Regulations 2009. This paper will discuss the development program behind the exercise and the experience of managing an exercise of this nature. It will highlight the successes including the creation and implementation of a fictitious company and the extensive collaboration between the industry and government personnel involved. It will also look forward – where are we 11-months later? Can the history of exercising and/or response help us improve for the future-implementation of change and continued testing is critical in furthering our oil spill response capability and capacity.Exercise Westwind – Operational Phase TwoExercise Westwind – Operational Phase Two
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Annisa, Fida Nur, Yuli Chomsatu Samrotun, and Rosa Nikmatul Fajri. "Dimensi Struktur Modal pada Perusahaan Property and Real Estate." Owner (Riset dan Jurnal Akuntansi) 4, no. 2 (2020): 273. http://dx.doi.org/10.33395/owner.v4i2.209.

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Capital structure is a balance or comparison between foreign capital and own capital. This study aimsto examine and analyze the effect ofprofitability, non-debt tax shield, asset structure, company size, and liquidity in property and real estate companies in 2015-2018. The independent variables of this study are profitability, non-debt tax shield, asset structure, company size, and liquidity. The dependent variable in this study is the capital structure. This study uses secondary data obtained from the IDX. With a population of 48 property and real estate manufacturing companies and sampling techniques using purposive sampling produces 34 sample companies. This type of quantitative research and data analysis techniques using multiple linear regression. The results of the research partially addressed the variable profitability, company size and liquidity which had no significant effect on capital structure while the non-debt tax shield and asset structure variables had a significant effect on capital structure.
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Unger, J., F. Rottensteiner, and C. Heipke. "INTEGRATION OF A GENERALISED BUILDING MODEL INTO THE POSE ESTIMATION OF UAS IMAGES." ISPRS - International Archives of the Photogrammetry, Remote Sensing and Spatial Information Sciences XLI-B1 (June 6, 2016): 1057–64. http://dx.doi.org/10.5194/isprsarchives-xli-b1-1057-2016.

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A hybrid bundle adjustment is presented that allows for the integration of a generalised building model into the pose estimation of image sequences. These images are captured by an Unmanned Aerial System (UAS) equipped with a camera flying in between the buildings. The relation between the building model and the images is described by distances between the object coordinates of the tie points and building model planes. Relations are found by a simple 3D distance criterion and are modelled as fictitious observations in a Gauss-Markov adjustment. The coordinates of model vertices are part of the adjustment as directly observed unknowns which allows for changes in the model. Results of first experiments using a synthetic and a real image sequence demonstrate improvements of the image orientation in comparison to an adjustment without the building model, but also reveal limitations of the current state of the method.
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Unger, J., F. Rottensteiner, and C. Heipke. "INTEGRATION OF A GENERALISED BUILDING MODEL INTO THE POSE ESTIMATION OF UAS IMAGES." ISPRS - International Archives of the Photogrammetry, Remote Sensing and Spatial Information Sciences XLI-B1 (June 6, 2016): 1057–64. http://dx.doi.org/10.5194/isprs-archives-xli-b1-1057-2016.

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A hybrid bundle adjustment is presented that allows for the integration of a generalised building model into the pose estimation of image sequences. These images are captured by an Unmanned Aerial System (UAS) equipped with a camera flying in between the buildings. The relation between the building model and the images is described by distances between the object coordinates of the tie points and building model planes. Relations are found by a simple 3D distance criterion and are modelled as fictitious observations in a Gauss-Markov adjustment. The coordinates of model vertices are part of the adjustment as directly observed unknowns which allows for changes in the model. Results of first experiments using a synthetic and a real image sequence demonstrate improvements of the image orientation in comparison to an adjustment without the building model, but also reveal limitations of the current state of the method.
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Dai, Zi Hang, and Xiang Xu. "Comparison of Analytical Solutions with Finite Element Solutions for Ultimate Bearing Capacity of Strip Footings." Applied Mechanics and Materials 353-356 (August 2013): 3294–303. http://dx.doi.org/10.4028/www.scientific.net/amm.353-356.3294.

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The finite element method is used to compute the ultimate bearing capacity of a fictitious strip footing resting on the surface of c-φ weightless soils and a real strip footing buried in the c-φ soils with weight. In order to compare the numerical solutions with analytical solutions, the mainly existing analytical methods are briefly introduced and analyzed. To ensure the precision, most of analytical solutions are obtained by the corresponding formulas rather than table look-up. The first example shows that for c-φ weightless soil, the ABAQUS finite element solution is almost identical to the Prandtls closed solutions. Up to date, though no closed analytical solution is obtained for strip footings buried in c-φ soils with weight, the numerical approximate solutions obtained by the finite element method should be the closest to the real solutions. Apparently, the slip surface disclosed by the finite element method looks like Meyerhofs slip surface, but there are still some differences between the two. For example, the former having an upwarping curve may be another log spiral line, which begins from the water level of footing base to ground surface rather than a straight line like the latter. And the latter is more contractive than the former. Just because these reasons, Meyerhofs ultimate bearing capacity is lower than that of the numerical solution. Comparison between analytical and numerical solutions indicates that they have relatively large gaps. Therefore, finite element method can be a feasible and reliable method for computations of ultimate bearing capacity of practical strip footings.
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Dissertations / Theses on the topic "Comparison between fictitious and real company"

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Kubíková, Martina. "Založení fiktivní firmy - srovnání se založením firmy reálné." Master's thesis, Vysoká škola ekonomická v Praze, 2008. http://www.nusl.cz/ntk/nusl-11155.

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This work processes and systematically describes the latest knowledge in the field of setting up fictitious companies in the Czech Republic, characterizes their current status and future trends. The main objective of this work is the analysis of the current level and the comparison between setting up fictitious and real company in terms of general business and legal requirements, simplicity and delays and in terms of comparison of individual legal forms and types of business representation. The theoretical part of the work deals with the procedure of starting a real company in time-sequential steps. In the practical part of the work, except for explaining the procedure setting up a fictitious company, is the attention focused on the comparison of the two procedures. There are described the individual differences in detail, which in many respects results from formal dissimilarities of the participated subjects. For this purpose was done a survey conducted among teachers of the school subject the Fictitious Company. The main aim of this work is to provide teachers, teaching the subject, with a didactical and teaching aid that, apart from the information on setting up fictitious companies, provides a comparison with the setting up of a real company. Defining the differences between setting up fictitious and real companies is an important tool for understanding the nature and the meaning of fictitious companies and help to improve the quality of teaching.
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Lau, Hoi-keung John. "Motivation of middle management staff in property management company : a comparison between subsidiary companies of a developer and independent management companies /." View the Table of Contents & Abstract, 2006. http://sunzi.lib.hku.hk/hkuto/record/B38027604.

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Lau, Hoi-keung John, and 劉海強. "Motivation of middle management staff in property management company: a comparison between subsidiary companiesof a developer and independent management companies." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2006. http://hub.hku.hk/bib/B45008930.

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"Hong Kong property market: a comparison between company and individual investors." 2000. http://library.cuhk.edu.hk/record=b5890312.

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Law Wai-ling.<br>Thesis (M.Phil.)--Chinese University of Hong Kong, 2000.<br>Includes bibliographical references (leaves 94-98).<br>Abstracts in English and Chinese.<br>Abstract --- p.I<br>Acknowledgments --- p.iii<br>Table of Contents --- p.iv<br>List of Tables --- p.vi<br>List of Figures --- p.vii<br>List of Appendices --- p.viii<br>Chapter Chapter 1 --- Introduction --- p.1<br>Chapter Chapter 2 --- Literature Review --- p.4<br>Chapter Chapter 3 --- How and Why Do Company Investors Take Part in Property Market --- p.9<br>Chapter Chapter 4 --- Methodology --- p.14<br>Chapter Chapter 5 --- Empirical Findings --- p.19<br>Chapter 5.1 --- Hong Kong Property Market in 1991 - 1998 --- p.19<br>Chapter 5.2 --- Comparison between Company and Individual Investors --- p.24<br>Chapter 5.2.1 --- Number of Transactions --- p.25<br>Chapter 5.2.2 --- Duration --- p.27<br>Chapter 5.2.3 --- Rates of Return --- p.32<br>Chapter Chapter 6 --- Historical Remark --- p.37<br>Chapter Chapter 7 --- Conclusion --- p.41<br>Tables --- p.44<br>Figures --- p.46<br>Appendices --- p.59<br>Bibliography --- p.94
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Book chapters on the topic "Comparison between fictitious and real company"

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"Supported as they are by these five institutional and cultural factors, the ten general textual factors set out above would seem to encounter no import restrictions to the UK. But there remain four other factors. These constitute apparent points of difference between Australia as represented in Neighbours, and Britain, the importing market. The four features of significant climatic, cultural, and linguistic differences between the two countries put to the test the questions raised earlier: how assimilable are the cross-cultural differences involved? Under what circumstances can such differences be assimilated? First, weather. In the words of Barry Brown, Head of Purchased Programmes at the BBC, “The weather [in Australia] is always hot and the characters are casually dressed. [This] gives the series a freedom and freshness which is new to us” (quoted by Tyrer 1987). Ruth Brown observed that “the cast complain of having to perform in unseasonably thin clothing because the Poms like to think it’s always hot in Oz” (Brown 1989). The production company, Grundy, denies anything of the sort: “We don’t make the show for world consumption, international consumption . . . . What we get back from overseas wouldn’t pay for it” (Fowler 1991). Warm weather can be associated with a casual lifestyle and the singlets and shorts sartorially prominent in Neighbours. Such weather and lifestyle, then, can represent idealized projections for Britons seeking sunny holidays away from grim, grey skies and drear British drabness. The second difference takes off from two aspects of Australian suburbia: higher rates of home-ownership and much lower rates of population density than obtain in the UK. As represented in Neighbours, readily accessible home-ownership can exercise an evident appeal for Britons, especially during the late 1980s property boom, when rapidly rising prices excluded yet more from joining the propertied classes. Moreover, the spacious homes and gardens of Erinsborough are a function of a low population density which enables British viewers to imagine in the Melbourne suburb a comfortable self-distancing from the violent evidence of class and ethnic differences so widespread in a Conservative Britain. Allied to this is the relative affluence enjoyed by the neighbors. A quotation from the 15-year-old Scot, Lucy Janes, brings together differences of weather and suburbia in a comparison of Neighbours with the socially conscious EastEnders: If you turn on a British soap such as EastEnders, you see a pub, dirty houses, dirty streets and the British weather. Neighbours, on the other hand, is set in a clean, bright little street with swimming pools in every garden and SUN. To us Neighbours offers the taste of a world beyond the wet and fog-ridden British Isles. (Janes 1988) A bathetic referential parenthesis: the much-vaunted quarter-acre plot of Australian suburban real estate discourse has in actuality more than its share of loneliness, domestic violence, lack of nearby educational facilities, commercial and social services, and so on. An Australian." In To Be Continued... Routledge, 2002. http://dx.doi.org/10.4324/9780203131855-17.

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Conference papers on the topic "Comparison between fictitious and real company"

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Ahsan, Mohammad J., Shaikha Al-Turkey, Nitin M. Rane, Fatemah A. Snasiri, Ahmed Moustafa, and Hakim Benyounes. "Advanced Gas While Drilling GWD Comparison with Pressure Volume Temperature PVT Analysis to Obtain Information About the Reservoir Fluid Composition, a Case Study from East Kuwait Jurassic Reservoir." In SPE Annual Technical Conference and Exhibition. SPE, 2021. http://dx.doi.org/10.2118/206296-ms.

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Abstract Objectives/Scope The acquisition of mud gas data for well control and gathering of geological information is a common practice in oil and gas drilling. However, these data are scarcely used for reservoir evaluation as they are presumably considered as unreliable and non-representative of the formation content. Recent development in gas extraction from drilling mud and analyzing equipment has greatly improved the data quality. Combined with proper analysis and interpretation, these new datasets give valuable information in real-time lithological changes, hydrocarbons content, water contacts and vertical changes in fluid over a pay interval. Methods, Procedures, Process Post completion, Mud logging data have been compared with PVT results and they have shown excellent correlation on the C1-C5 composition, confirming the consistency between gas readings and reservoir fluid composition. Having such information in real time has given the oil company the opportunity to optimize its operations regarding formation evaluation, e.g downhole sampling, wireline logging or testing programs. Formation fluid is usually obtained during well tests, either by running downhole tools into the well or by collecting the fluid at surface. Therefore, its composition remains unknown until the arrival of the PVT well test results. This case intends to use mud gas information collected while drilling to predict information about the reservoir fluid composition in near real time. To achieve this goal we compared mud gas data collected while drilling with reservoir fluid compositional results. Pressure volume temperature (PVT) analysis is the process of determining the fluid behaviors and properties of oil and gas samples from existing wells. Results, Observations, Conclusions The reason any oil and gas company decides to drill a well is to turn the project into an oil-producing asset. But the value of the oil extracted from a single well is not the same as the value of the oil produced from another. The makeup of the oil, which can be determined from the compositional analysis, is an important piece of the equation that determines how profitable the play will be. The compositional analysis will determine just how much of each type of petroleum product can be produced from a single barrel of oil from that wells. Novel/Additive information Formation samples were obtained from offset wells in the Marrat Formation. These datasets gave valuable indications on fluid properties and phase behavior in the reservoir and provided strong base for reservoir engineering analysis, simulation and surface facilities design. The comparison of the gas data to PVT results gives a good match for reservoir fluid finger print, early acquisition of this data will help for decision enhancement for field development.
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Antonelli, Marco, Alessio Simi, Luigi Martorano, and Roberto Lensi. "Lumped Parameters Modeling of an Incinerator With Heat Recovery for Energy Production." In ASME 2009 Heat Transfer Summer Conference collocated with the InterPACK09 and 3rd Energy Sustainability Conferences. ASMEDC, 2009. http://dx.doi.org/10.1115/ht2009-88222.

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This work shows the modeling of an incineration plant with energy recovery which operates in the vicinity of Pisa, Italy. The plant analysed was built formerly as an incineration plant and was recently refurbished with a heat recovery steam generator to drive a condensing steam turbine. In the foresight of an enlargement of the plant capacity, the Technical Office of the Company asked the Energetica Department of University of Pisa for an analysis of the recovery capability. The Technical Office and the Energetica Department decided to create a lumped parameter model in order to simulate the temperature behavior of the combustion products. This model was created inside Matlab/Simulink environment. The followed procedure led to the reproduction of the system interested by the cycle in steady state conditions in order to obtain a model simple enough but at the same time rigorous of the real behavior of steam cicle. After the description of the plant modeling, model calibration and validation is shown, by means of the comparison between the measured and simulated values of temperatures and mass flows in several load conditions. The model developed is currently used by the Technical Office of the Company for further developments of the plant.
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Mora, Silvia, and Damian Martinez. "Drilling in Slips: Strategies to Measure the Invisible Lost Time, Technical Limits Definition, Using Standard Analytics and Machine Learning Algorithms." In SPE/IADC Middle East Drilling Technology Conference and Exhibition. SPE, 2021. http://dx.doi.org/10.2118/202086-ms.

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Abstract Drilling is probably the most critical, complex, and costly operation in the oil and gas industry and unfortunately, errors made during the activities related are very expensive. Therefore, inefficient drilling activities such as connection duration outside of optimal times can have a considerable financial impact, so there is always a need to improve drilling efficiency. It is for this fact, that the measure of different behaviors and the duration of the drilling activities represent a significant opportunity in order to maximize the cost saving per well or campaign. Reducing the cost impact and maximizing the drilling efficiency are defined by the way used to calculate the perfect well time by the technical limit, non-productive time (NPT), and invisible lost time (ILT), in an operating company drilling plan. Different approaches to measure the invisible lost time that could be present in the in slips activity on the drilling operation are compared. Results show the differences between multiple techniques applied in real environments coming from a cloud platform. The methodologies implemented are based on the following scenarios, the first one use a combination of a custom technical limit based on technical experience, the historical data limit using standard measures (mean, average, quartiles, standard deviation, etc.), and a depth range variable (phases) differentiation, initial, intermediate, and final hole sizes is used. A complexity comparison uses the rig stand and phase footage variables for base line (count and duration) definition per phase, the non-productive time activities exclusion and data replace techniques mixing with an out of standard time detection in slips behavior (motor assemblies, bit replacing, bottom hole assembly (BHA), etc.) using standard and machine learning mechanisms. A final methodology implements an in slip ILT by technical limit definition using machine learning. The results using the same data set (set of wells) and coming from the different methods has been evaluated according to the total invisible lost time calculated per phase, percentage of activities evaluated with invisible lost time per phase and the variation of ILT considering the activities defining the technical limit. Finally, the potential implementation by any operator can be evaluated for these methodologies according to their specific requirements. This analysis creates a guideline to operating companies about multiple techniques to calculate ILT, some using innovative procedures applied on machine learning models.
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