Risk Assessment And Preventive Measures Research On The Project Of Natural Gas Exploration

In the new economic situation, the core objective of the natural gas company has transformed into the pursuit of economic efficiency from the reserves and quantity. If the natural gas company wants to obtain a higher economic efficiency, it must be made a corresponding risk assessment prior to the decision-making. However, the natural gas company has not given enough attention to the risk assessment of natural gas exploration for a long time, which is closely related with the economic benefits. In the past, people only paid attention attach to the risk assessment of geological exploration while neglected the extent of the impact of the political, economic, technical, financial and other risk factors, which would not be conducive to control costs and risks comprehensively and objectively nor make sound scientific decisions by managers. In recent years, the risk assessment of natural gas exploration has been widely concerned and gradually regarded as one of the key points of natural gas exploration by the decision-making level.On the basis of thorough study on the natural gas exploration risks and management's basic theory, this article analyses deeply home and abroad research status of the risk of natural gas exploration. The thesis combines natural gas exploration process and re-divides it into three stages, and identifies clearly the risk factors impact on the exploration projects; Real options method is more rational in the way of scientific thinking through comparative analysis on the traditional evaluation methods and real options method; According to the principle of risk-neutral and the characteristics of the real options at various stages of natural gas exploration venture capital process, sets up a multi-stage complex evaluation of real options model. For the risk exist at various stages of natural gas exploration, the thesis develops corresponding risk management measures. The study is helpful in improving the scientific of decision-making on natural gas exploration venture capital, and has the very vital significance to enhance the management level of exploration project.