03025nas a2200397 a 4500 20260818175534.0 090907s2009 th uu|m rtt 0| a1eng d .b12067258 AIT Thesis no.OTM-09-10 Chittree Rungcharoen Real options analysis as an investment decision tool in oil and gas field development in Thailand Pathum Thani, Thailand : Asian Institute of Technology, 2009 77 leaves : ill. Thesis ; no. OTM-09-10 A thesis proposal submitted in partial fulfilment of the requirement for the degree of Master of Engineering in Offshore Technology and Management, School of Engineering and Technology Thesis (M.Eng.) - Asian Institute of Technology, 2009 This thesis presents the new approach of making investment decisions in the oil field development in Thailand, Real Options Analysis (ROA), and illustrates that what it is and how it can be utilized in the North and South onshore oil field development case study, which is located in the northern Thailand. It focuses on how the capacity of flexibility can maximize the expect project value and minimize the losses. There are two applications of solving the Real Options problems: the first method is the decision tree analysis plus real options and the second one is the Binomial lattice approach with a risk-neutral probability, based on Copeland and Antikarov (200 I). The results show that it can be beneficial to the project by obtaining the options, as it can add more value to the project, since the flexibilities have been taken into account. Moreover, it provides the fact that the Real Options Analysis achieves a higher expected value, compares to the traditional investment assessment (NPV) alone. It means that the higher flexibilities are added into the project, the better the decisions would be made, given the greater the expected value. Oil fields Decision making Thailand Real options (Finance) Thailand Chiu, Gregory L.F., Chairperson Thitisak Boonpramote, Examination committee Widjaja, Joko Harsono, Examination Committee RTG Fellowship, Scholarship Donor Asian Institute of Technology. Thesis ; no. OTM-09-10 Full-Text http://203.159.5.9/ait-thesis/detail.php?q=B03595 .b12067258 mnait u 240329 0 090907 m a u 0 mnait mnarc 22 40 Barcode : 30050120685697 CREATED : 2014-05-19 RECORD # : i12800673 LPATRON : 1026929 LCHKIN : 2016-08-19 # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 1 TOT CHKOUT : 6 TOT RENEW : 0 Barcode : 30050160006341 CREATED : 2016-03-23 RECORD # : i12905987 LPATRON : 0 LCHKIN : - # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 0 TOT RENEW : 0 97719 97719 0 0 0 0 MAIN MAIN mnait 2026-08-18 50.00 0 AIT Thesis no.OTM-09-10 30050120685697 2026-08-18 17:55:34 3 2026-08-18 22 0 0 0 0 MAIN MAIN mnarc 2026-08-18 0 AIT Thesis no.OTM-09-10 30050160006341 2026-08-18 17:55:34 1 2026-08-18 40