Developing group-based elicitation methods to improve decision making. This project aims to develop an elicitation methodology enabling multiple members of a team to contribute to the same technical problem - enabling expertise to be accurately combined while avoiding group and individual sources of bias. Good elicitation methods minimise bias in estimates and forecasts - which otherwise erode value and lead to sub-optimal decision making. Existing methods, however, ignore group structures; that ....Developing group-based elicitation methods to improve decision making. This project aims to develop an elicitation methodology enabling multiple members of a team to contribute to the same technical problem - enabling expertise to be accurately combined while avoiding group and individual sources of bias. Good elicitation methods minimise bias in estimates and forecasts - which otherwise erode value and lead to sub-optimal decision making. Existing methods, however, ignore group structures; that is that decisions made by, or on, the advice of teams have different characteristics than individual decisions and often preclude the use of methods designed to limit individuals' biases. By encoding the method into a computerised tool the project will assist public and private sector enterprises to improve group decision making.Read moreRead less
Linkage Infrastructure, Equipment And Facilities - Grant ID: LE120100162
Funder
Australian Research Council
Funding Amount
$150,000.00
Summary
Integrated 2MHz Nuclear Magnetic Resonance high temperature tri-axial flow cell apparatus. The development of an integrated facility for petrophysical measurements allows the efficient use of expensive rock cores from gas or liquid reservoirs to develop reliable cross-correlations at conditions encountered in real reservoirs. The equipment is optimised for applications to unconventional reservoirs like Australia’s gas resources, in particular coal-bed methane reservoirs and gas reservoirs where ....Integrated 2MHz Nuclear Magnetic Resonance high temperature tri-axial flow cell apparatus. The development of an integrated facility for petrophysical measurements allows the efficient use of expensive rock cores from gas or liquid reservoirs to develop reliable cross-correlations at conditions encountered in real reservoirs. The equipment is optimised for applications to unconventional reservoirs like Australia’s gas resources, in particular coal-bed methane reservoirs and gas reservoirs where gas is difficult to extract.Read moreRead less
Multiscale physics theory to understand secondary migration of hydrocarbons. This project aims to derive mathematical models to reveal the geological history of how petroleum accumulates at laboratory, reservoir, and basin scales. The project will identify secondary migration trajectories of hydrocarbons from source rocks to stratigraphic traps, to optimise exploration for energy resources. By enabling multiscale analytical modelling, the new model will improve the reliability of reservoir chara ....Multiscale physics theory to understand secondary migration of hydrocarbons. This project aims to derive mathematical models to reveal the geological history of how petroleum accumulates at laboratory, reservoir, and basin scales. The project will identify secondary migration trajectories of hydrocarbons from source rocks to stratigraphic traps, to optimise exploration for energy resources. By enabling multiscale analytical modelling, the new model will improve the reliability of reservoir characterisation at the crucial initial exploitation stage, and prediction of oil-gas distribution in petroleum basin. The novel multiscale approach is expected to significantly improve exploration and exploitation and create highly skilled jobs to incorporate such modelling into the energy sector.Read moreRead less
New Stratigraphy and Geostatistics for Gas and Water Resources . Management of gas and water resources is of significant importance to the Australian economy and society. Industry and government use digital modelling to assist in resources management. The first step in modelling is to correlate geological data and then use geostatistics to estimate properties in areas without data. This project aims to produce a new geological framework for the Surat Basin underpinned by new zircon ages and ages ....New Stratigraphy and Geostatistics for Gas and Water Resources . Management of gas and water resources is of significant importance to the Australian economy and society. Industry and government use digital modelling to assist in resources management. The first step in modelling is to correlate geological data and then use geostatistics to estimate properties in areas without data. This project aims to produce a new geological framework for the Surat Basin underpinned by new zircon ages and ages of fossils in sediments and a new geostatistical methodology to better represent flow properties in coal seams and aquifers. This is expected result in a more accurate modelling methodology that can be used by industry and government for modelling resources, including in other basins in Australia and worldwide.Read moreRead less