Petroleum Economics and Risk Analysis

Petroleum Economics and Risk Analysis
Author: Paul D. Newendorp
Publsiher: Unknown
Total Pages: 67
Release: 1978
ISBN: 1928374650XXX
Category: Decision-making
Language: EN, FR, DE, ES & NL

Petroleum Economics and Risk Analysis Book Excerpt:

Petroleum Economics and Risk Analysis

Petroleum Economics and Risk Analysis
Author: Mark Cook
Publsiher: Elsevier
Total Pages: 366
Release: 2021-01-29
ISBN: 0128232064
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Petroleum Economics and Risk Analysis Book Excerpt:

Petroleum Economics and Risk Analysis: A Practical Guide to E&P Investment Decision-Making, Volume 69, is a practical guide to the economic evaluation, risk evaluation and decision analysis of oil and gas projects through all stages of the asset lifecycle, from exploration to late life opportunities. This book will help readers understand and make decisions with regard to petroleum investment, portfolio analysis, discounting, profitability indicators, decision tree analysis, reserves accounting, exploration and production (E&P) project evaluation, and E&P asset evaluation. Includes case studies and full color illustrations for practical application Arranged to reflect lifecycle structure, from exploration through to decommissioning Demonstrates industry-standard decision-making techniques as applied to petroleum investments in the oil and gas industry

Petroleum Exploration Economics and Risk Analysis

Petroleum Exploration Economics and Risk Analysis
Author: Paul D. Newendorp
Publsiher: Unknown
Total Pages: 126
Release: 1978
ISBN: 1928374650XXX
Category: Petroleum
Language: EN, FR, DE, ES & NL

Petroleum Exploration Economics and Risk Analysis Book Excerpt:

Petroleum Exploration Economics and Risk Analysis

Petroleum Exploration Economics and Risk Analysis
Author: Paul D. Newendorp
Publsiher: Canada? : s.n.
Total Pages: 98
Release: 1987
ISBN: 1928374650XXX
Category: Decision making
Language: EN, FR, DE, ES & NL

Petroleum Exploration Economics and Risk Analysis Book Excerpt:

Petroleum Exploration Economics and Risk Analysis

Petroleum Exploration Economics and Risk Analysis
Author: Paul D. Newendorp
Publsiher: Unknown
Total Pages: 196
Release: 1983
ISBN: 1928374650XXX
Category: Decision making
Language: EN, FR, DE, ES & NL

Petroleum Exploration Economics and Risk Analysis Book Excerpt:

Decision Analysis for Petroleum Exploration 3 0 Edition

Decision Analysis for Petroleum Exploration  3  0 Edition
Author: Paul D. Newendorp,John R. Schuyler
Publsiher: Unknown
Total Pages: 554
Release: 2013-08-12
ISBN: 9780966440140
Category: Decision making
Language: EN, FR, DE, ES & NL

Decision Analysis for Petroleum Exploration 3 0 Edition Book Excerpt:

This is a major rework of Paul Newendorp's 1975 best-seller, which became the standard reference in the field. This book is now structured as a handbook of over 330 important concepts in risk and economic decision analysis. As the title suggests, well over half the examples apply to petroleum exploration investment decisions. Perhaps 80% of the topics are generally applicable to capital investment, project management, and operations decisions. Topics in the book represent a composite of evaluation practices and problem-solving approaches now commonly used in oil & gas and other capital-intensive industries. Several important and practical techniques were first published in the first edition. Decision analysis methods apply to any type of decision. The emphasis here is on quantitative methods useful in capital investment decisions and decisions to acquire additional information. This will be of special interest to anyone involved in the evaluation of property acquisitions, geophysical surveys, prospect drilling, and field development decisions. This book is intended for petroleum geologists, engineers, geophysicists, evaluation and planning analysts, and managers. This is not a first book in decision analysis. We presume the reader has a general familiarity with management, economics, decision analysis, and knowledge of the oil & gas industry. As a handbook we are focusing on what is most important and practical. Major topic area include the decision analysis process, key concepts in probability and statistics (including Bayes' rule and easy equivalents), decision policy (including risk policy expressed as a utility function), popular economic metrics and concepts, project and enterprise modeling, decision tree analysis, Monte Carlo simulation, and various special topics. Value of information problems receive special attention. Over 270 figures help illustrate the concepts. The expected value (EV) concept is central throughout. Most often we assume a decision policy that maximizes EV. Most of the discussion presumes a business context and measuring outcome as net present value (NPV). We also describe approaches for multi-criteria decision making including HSE. Expected monetary value (EMV = EV NPV) is the principal decision criterion used in most examples. The EV calculation incorporates judgments about risks and uncertainties expressed as probabilities and probability distributions. EV is the cornerstone of formal, quantitative analysis for decisions under uncertainty. The key calculation methods are decision trees and Monte Carlo simulation. Small decision trees can be solved with a hand calculator, while larger trees and Monte Carlo simulation usually require a computer. Software supporting these methods is now widely available as Microsoft(r) Excel(r) spreadsheet add-ins and for other platforms. The material is organized into seven sections: Decision Analysis Process, Probability and Statistics, Decision Policy, Economic Matters, Modeling, Decision Tree Analysis, and Monte Carlo Simulation. Throughout, real-world exploration examples are presented to illustrate the risk and decision analysis methods. This revised 3.0 edition features a larger page format, an updated and expanded bibliography, and an extensive glossary. We also offer additional material online, including extended discussions, software resources, and example Excel spreadsheets.

Energy Finance and Economics

Energy Finance and Economics
Author: Betty Simkins,Russell Simkins
Publsiher: John Wiley & Sons
Total Pages: 624
Release: 2013-02-19
ISBN: 1118017129
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Energy Finance and Economics Book Excerpt:

Thought leaders and experts offer the most current information and insights into energy finance Energy Finance and Economics offers the most up-to-date information and compelling insights into the finance and economics of energy. With contributions from today's thought leaders who are experts in various areas of energy finance and economics, the book provides an overview of the energy industry and addresses issues concerning energy finance and economics. The book focuses on a range of topics including corporate finance relevant to the oil and gas industry as well as addressing issues of unconventional, renewable, and alternative energy. A timely compendium of information and insights centering on topics related to energy finance Written by Betty and Russell Simkins, two experts on the topic of the economics of energy Covers special issues related to energy finance such as hybrid cars, energy hedging, and other timely topics In one handy resource, the editors have collected the best-thinking on energy finance.

Economic Modeling and Risk Analysis Handbook

Economic Modeling and Risk Analysis Handbook
Author: Daniel Johnston,University of Dundee. Centre for Energy, Petroleum and Mineral Law and Policy
Publsiher: Unknown
Total Pages: 135
Release: 2002
ISBN: 9781900297363
Category: Microeconomics
Language: EN, FR, DE, ES & NL

Economic Modeling and Risk Analysis Handbook Book Excerpt:

Petroleum Economics and Engineering

Petroleum Economics and Engineering
Author: Hussein K. Abdel-Aal,Mohammed A. Alsahlawi
Publsiher: CRC Press
Total Pages: 478
Release: 2013-12-14
ISBN: 1482241692
Category: Nature
Language: EN, FR, DE, ES & NL

Petroleum Economics and Engineering Book Excerpt:

This book explains how to apply economic analysis to the evaluation of engineering challenges in the petroleum industry. Discussion progresses from an introduction to the industry, through principles and techniques of engineering economics, to the application of economic methods. Packed with real-world examples and case studies demonstrating how to

Petroleum Exploration Economics and Risk Analysis

Petroleum Exploration Economics and Risk Analysis
Author: Paul D. Newendorp,Lafayette Geological Society
Publsiher: Unknown
Total Pages: 74
Release: 1981
ISBN: 1928374650XXX
Category: Petroleum
Language: EN, FR, DE, ES & NL

Petroleum Exploration Economics and Risk Analysis Book Excerpt:

Hydrocarbon Exploration and Production

Hydrocarbon Exploration and Production
Author: Frank Jahn,Mark Cook,Mark Graham
Publsiher: Elsevier
Total Pages: 456
Release: 2008-03-13
ISBN: 9780080568836
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Hydrocarbon Exploration and Production Book Excerpt:

Hydrocarbon Exploration and Production, Second Edition is a comprehensive and current introduction to the upstream industry, drawing together the many inter-disciplinary links within the industry. It presents all the major stages in the life of an oil or gas field, from gaining access to opportunity, through exploration, appraisal, development planning, production, and finally to decommissioning. It also explains the fiscal and commercial environment in which oil and gas field development takes place. The book is written for industry professionals who wish to be better informed about the basic technical and commercial methods, concepts and techniques used in the upstream oil and gas business. The authors are the founders of TRACS International, a company which has provided training and consultancy in Exploration and Production related issues for many clients world-wide since 1992. Clearly written in a concise and straightforward manner Features detailed technical illustrations to maximize learning Presents major advances in the industry, including technical methods for field evaluation and development and techniques used for managing risk within the business Developed from TRACS International course materials, discussions with clients, and material available in the public domain

Advances in raw material industries for sustainable development goals

Advances in raw material industries for sustainable development goals
Author: Vladimir Litvinenko
Publsiher: CRC Press
Total Pages: 528
Release: 2020-12-30
ISBN: 1000376494
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Advances in raw material industries for sustainable development goals Book Excerpt:

"Advances in Raw Material Industries for Sustainable Development Goals" presents the results of joint scientific research conducted in the context of the Russian-German Raw Materials Forum. Today Russia and Germany are exploring various forms of cooperation in the field of mining, geology, mineralogy, mechanical engineering and energy. Russia and Germany are equally interested in expanding cooperation and modernizing the economy in terms of sustainable development. The main theme of this article collection is connected with existing business ventures and ideas from both Russia and Germany. In this book the authors regard complex processes in mining industry from various points of view, including: - modern technologies in prospecting, exploration and development of mineral resources - progressive methods of natural and industrial mineral raw materials processing - energy technologies and digital technologies for sustainable development - cutting-edge technologies and innovations in the oil and gas industry. Working with young researchers, supporting their individual professional development and creating conditions for their mobility and scientific cooperation are essential parts of Russian-German Raw Materials Forum founded in Dresden 13 years ago. This collection represents both willingness of young researchers to be involved in large-scale international projects like Russian-German Raw Material Forum and the results of their long and thorough work in the promising areas of cooperation between Russia and Germany.

Petroleum Exploration Economics and Risk Analysis

Petroleum Exploration Economics and Risk Analysis
Author: Anonim
Publsiher: Unknown
Total Pages: 136
Release: 1978
ISBN: 1928374650XXX
Category: Oil well drilling
Language: EN, FR, DE, ES & NL

Petroleum Exploration Economics and Risk Analysis Book Excerpt:

HYDROCARBON ACCOUNTING PETROLEUM ECONOMICS and INVESTMENT DECISIONS

HYDROCARBON ACCOUNTING  PETROLEUM ECONOMICS and INVESTMENT DECISIONS
Author: Methadius Ofili
Publsiher: Unknown
Total Pages: 239
Release: 2021-08-26
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

HYDROCARBON ACCOUNTING PETROLEUM ECONOMICS and INVESTMENT DECISIONS Book Excerpt:

Hydrocarbon Accounting entails accounting for well production or field operations especially volumetric and contractual allocations, contract pricing and valuation, payment processing, revenue distribution, taxation and royalty payment. These data are captured by oil and gas firms across exploration, production and distribution operations. With reliable unified reporting, informed decisions can be made as far as production planning, asset management and financial management are concerned. It is not only mandatory, but also governed by the Petroleum Industry Act of 2021. This book addresses topics captured in the PIA; especially mandatory accurate hydrocarbon accounting. Topics include oil block acquisition, payables, receivables, joint venture accounting, tax oil, profit oil, operating income, depreciation, depreciation allowance, amortization, cost depletion, ringfencing, contractual systems such as pure service contracts, production sharing contract, risk service contracts, technical assistance agreements, oil mining lease, petroleum licensing rounds and joint ventures. It also covers gross oil production, cost recovery, royalty oil, contractor share, Home Government share, contractor profit, and income tax. Other topics are royalty payment, work commitment, cost recovery limits, participation agreement, operating agreement, memorandum of understanding, depletion calculation, cost depletion, concessionary deductions, commerciality requirement, profits and taxes, the economic rent theory, economic limit, reserve recognition accounting, reserves classifications, bonuses, rents, royalty trust, cost and full accounting, royalties, concessionary fiscal systems, chargeable profit, chargeable tax, assessable tax, disallowed deductions, adjust for profit and production splits as they affect ex[loration, drilling and production. While the hydrocarbon accountant performs their duties, the Petroleum Economists assist and enhance investment decision making by analyzing these and other factors including exploration and well drilling data, whether or not the development of an entire gas production project should proceed. Their inputs are critical in Production Sharing Contracts negotiations and oil and gas block (properties) purchase. They are inevitably involved in the evaluation and management of the operational, environmental, geological, technical, economic and related risks associated with different phases of oil and gas projects. Their work also includes the financial analysis of oil and gas production as well as the forecasting of cash flow, oil and gas development assessment, economic indicators, risk analysis and the analysis of the effects of taxation. Petroleum Economists advise company management on the economic viability and attractiveness of petroleum ventures and operations, as they have the knowledge and skills required to quantify all forms of uncertainties such as reservoir pattern, future oil and gas prices, development costs, host government take, assistance in the bonus payment determination, when the organization is bidding for oil and gas tracts or leases. Using profitability analysis, they prepare guidelines for the selection of the best alternative development options. They participate in oil and gas field development engineering design, field acquisition, methods of production that influence production rate, and ultimate recovery, including planned change in development. Also, they re-evaluate priorities in investment funds allocation by the company. Investment decision analysis methods discussed are PV, NCF, IRR, NPV, DROI,PI, SI, EMV, Decision Trees, Monte Carlo Simulations, amongst others. Three main Investor questions are addressed such as ''What is the cost of the proposed E&P venture?'' ''What are the absolute economic value and relative cost of the E & P venture?'' ''How profitable is the venture when compared to alternative available investment opportunities?''

Geologic Modeling and Simulation

Geologic Modeling and Simulation
Author: Daniel F. Merriam,John C. Davis
Publsiher: Springer Science & Business Media
Total Pages: 352
Release: 2012-12-06
ISBN: 1461513596
Category: Science
Language: EN, FR, DE, ES & NL

Geologic Modeling and Simulation Book Excerpt:

Modeling and simulation were introduced to the earth sciences about four decades ago. Modeling has proven its worth and now it is an accepted procedure for analyzing and solving geological problems. The papers in this collection are focused on modeling sediment deposition and sedimentary sequences and have a decidedly practical flavor. Some of the leading simulation packages, such as CORRELATOR, SEDFLUX, SEDpak, SEDSIM, STRATA, and STRATSIM are applied to problems in hydrocarbon exploration, oil production, groundwater development, coal-bed appraisal, geothermics, and environmental diagnosis. All of these subjects fall under the broad heading of sedimentary basin analysis. The fifteen papers in this volume are written by internationally recognized experts from academia and industry. The contributions represent the status of geologic modeling and simulation at the start of the 21st century, and will give the reader an insight into current research problems and their possible solutions.

International Exploration Economics Risk and Contract Analysis

International Exploration Economics  Risk  and Contract Analysis
Author: Daniel Johnston
Publsiher: Pennwell Corporation
Total Pages: 401
Release: 2003
ISBN: 9780878148875
Category: Business & Economics
Language: EN, FR, DE, ES & NL

International Exploration Economics Risk and Contract Analysis Book Excerpt:

Deals with international exploration economics and petroleum fiscal system analysis and design and contains the most up-to-date information and discussions in the industry on the subject.

Petroleum Exploration Economics and Risk Analysis

Petroleum Exploration Economics and Risk Analysis
Author: Anonim
Publsiher: Unknown
Total Pages: 136
Release: 1978
ISBN: 1928374650XXX
Category: Petroleum industry and trade
Language: EN, FR, DE, ES & NL

Petroleum Exploration Economics and Risk Analysis Book Excerpt:

Risk Abstracts

Risk Abstracts
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 1990
ISBN: 1928374650XXX
Category: Risk
Language: EN, FR, DE, ES & NL

Risk Abstracts Book Excerpt:

Provides citations and abstracts to the literature on risks arising from industrial, technological, environmental, and other sources, with an emphasis on assessment of the magnitude and probability of risk and the management of risk. The broad, multidisciplinary coverage of risk-related concerns ranges from public and environmental health to social issues and psychological aspects. Major areas of coverage include review articles, models and forecasting, technological risks, natural hazards, biological risks, environmental risks, medical and environmental health, economics and organization, industrial and labor, policy and planning, sociological factors, psychological aspects.

The Petroleum Economist

The Petroleum Economist
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 2007
ISBN: 1928374650XXX
Category: Petroleum industry and trade
Language: EN, FR, DE, ES & NL

The Petroleum Economist Book Excerpt:

Sexual Attraction

Sexual Attraction
Author: Mark Cook,Robert McHenry
Publsiher: Elsevier
Total Pages: 214
Release: 2016-06-03
ISBN: 1483182010
Category: Psychology
Language: EN, FR, DE, ES & NL

Sexual Attraction Book Excerpt:

Sexual Attraction is a very interesting and creative study on how humans get attracted to their opposite sex, presenting scientific basis of sexual attraction among humans. This book begins by elaborating on sexual arousal in humans, which is followed by a discussion on what is sexually desirable for a person. This discussion examines physical appearance of humans that contributes to sexual attraction. The two subsequent chapters are devoted to examining sexual behaviors, particularly the interesting topic of “love at first sight and the concept of love. This book then explains how attraction can lead to marriage, explaining how two persons sexually attracted to each other successfully prolong the attraction and have a lasting relationship. This book ends by explaining the responses of other people who believe their unattractive appearance is the cause of their dull social and sexual lives. This book will surely be of interest to anyone interested in exploring sexual attraction. Because this book is science-based, it is helpful as well to those in the field of psychology and counseling.