Petroleum Economics and Risk Analysis

Petroleum Economics and Risk Analysis
Author: Mark Cook
Publsiher: Elsevier
Total Pages: 366
Release: 2021-01-29
ISBN 10: 0128232064
ISBN 13: 9780128232064
Language: EN, FR, DE, ES & NL

Petroleum Economics and Risk Analysis Book Review:

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 Economics and Risk Analysis

Petroleum Economics and Risk Analysis
Author: Paul D. Newendorp
Publsiher: Unknown
Total Pages: 67
Release: 1978
ISBN 10: 1928374650XXX
ISBN 13: LCCN:81484016
Language: EN, FR, DE, ES & NL

Petroleum Economics and Risk Analysis Book Review:

Petroleum Exploration Economics and Risk Analysis

Petroleum Exploration Economics and Risk Analysis
Author: Paul D. Newendorp,American Association of Petroleum Geologists. Continuing Education Program,Canadian Society of Petroleum Geologists
Publsiher: Unknown
Total Pages: 174
Release: 1983*
ISBN 10: 1928374650XXX
ISBN 13: OCLC:505355992
Language: EN, FR, DE, ES & NL

Petroleum Exploration Economics and Risk Analysis Book Review:

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 10: 1928374650XXX
ISBN 13: STANFORD:36105016273810
Language: EN, FR, DE, ES & NL

Petroleum Exploration Economics and Risk Analysis Book Review:

Petroleum Exploration Economics and Risk Analysis

Petroleum Exploration Economics and Risk Analysis
Author: Paul D. Newendorp
Publsiher: Unknown
Total Pages: 196
Release: 1983
ISBN 10: 1928374650XXX
ISBN 13: OCLC:14202362
Language: EN, FR, DE, ES & NL

Petroleum Exploration Economics and Risk Analysis Book Review:

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 10: 9780966440140
ISBN 13: 0966440145
Language: EN, FR, DE, ES & NL

Decision Analysis for Petroleum Exploration 3 0 Edition Book Review:

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.

Risk Analysis and Management of Petroleum Exploration Ventures

Risk Analysis and Management of Petroleum Exploration Ventures
Author: Peter R. Rose
Publsiher: Amer Assn of Petroleum Geologists
Total Pages: 164
Release: 2001
ISBN 10: 1928374650XXX
ISBN 13: STANFORD:36105025328555
Language: EN, FR, DE, ES & NL

Risk Analysis and Management of Petroleum Exploration Ventures Book Review:

Economic Risk in Hydrocarbon Exploration

Economic Risk in Hydrocarbon Exploration
Author: Ian Lerche,John A. MacKay
Publsiher: Elsevier
Total Pages: 404
Release: 1999-01-08
ISBN 10: 0080505007
ISBN 13: 9780080505008
Language: EN, FR, DE, ES & NL

Economic Risk in Hydrocarbon Exploration Book Review:

Economic Risk in Hydrocarbon Exploration provides a total framework for assessing the uncertainties associated with exploration risk from beginning to end. Numerous examples with accompanying microcomputer algorithms illustrate how to quantitatively approach economic risk. The text compares detailed assumptions and models of economic risk, and presents numerical examples throughout to facilitate hands-on calculations using popular spread-sheet packages on personal computers. Covers economic risk from exploration through production models Brings methods to a level where all can be done on a PC Analyzes numerical examples from the real world Removes "mystery" from how economics is done Addresses assumptions in models and shows how they influence projections

Economics of Petroleum Production Profit and risk

Economics of Petroleum Production  Profit and risk
Author: Ian Lerche,Sheila Noeth
Publsiher: multi-science publishing
Total Pages: 332
Release: 2004
ISBN 10: 9780906522233
ISBN 13: 0906522234
Language: EN, FR, DE, ES & NL

Economics of Petroleum Production Profit and risk Book Review:

Report :Original ISBN not available, alternate ISBN recorded Comments :ISBN 9780906522233 replaced with 9780906522240.

Risk Analysis in Engineering and Economics

Risk Analysis in Engineering and Economics
Author: Bilal M. Ayyub
Publsiher: CRC Press
Total Pages: 600
Release: 2003-06-26
ISBN 10: 1135438994
ISBN 13: 9781135438999
Language: EN, FR, DE, ES & NL

Risk Analysis in Engineering and Economics Book Review:

More than any other book available, Risk Analysis in Engineering and Economics introduces the fundamental concepts, techniques, and applications of the subject in a style tailored to meet the needs of students and practitioners of engineering, science, economics, and finance. Drawing on his extensive experience in uncertainty and risk modeling and analysis, the author leads readers from the fundamental concepts through the theory, applications, and data requirements, sources, and collection. He emphasizes the practical use of the methods presented and carefully examines the limitations, advantages, and disadvantages of each. Case studies that incorporate the techniques discussed offer a practical perspective that helps readers clearly identify and solve problems encountered in practice. If you deal with decision-making under conditions of uncertainty, this book is required reading. The presentation includes more than 300 tables and figures, more than 100 examples, many case studies, and a wealth of end-of-chapter problems. Unlike the classical books on reliability and risk assessment, this book helps you relate underlying concepts to everyday applications and better prepares you to understand and use the methods of risk analysis.

Economic Analysis of Oil and Gas Engineering Operations

Economic Analysis of Oil and Gas Engineering Operations
Author: Hussein K. Abdel-Aal
Publsiher: CRC Press
Total Pages: 384
Release: 2021-02-25
ISBN 10: 1000346404
ISBN 13: 9781000346404
Language: EN, FR, DE, ES & NL

Economic Analysis of Oil and Gas Engineering Operations Book Review:

Engineers seek solutions to problems, and the economic viability of each potential solution is normally considered along with the technical merits. This is typically true for the petroleum sector, which includes the global processes of exploration, production, refining, and transportation. Decisions on an investment in any oil or gas field development are made on the basis of its value, which is judged by a combination of a number of economic indicators. Economic Analysis of Oil and Gas Engineering Operations focuses on economic treatment of petroleum engineering operations and serves as a helpful resource for making practical and profitable decisions in oil and gas field development. Reflects major changes over the past decade or so in the oil and gas industry Provides thorough coverage of the use of economic analysis techniques in decision-making in petroleum-related projects Features real-world cases and applications of economic analysis of various engineering problems encountered in petroleum operations Includes principles applicable to other engineering disciplines This work will be of value to practicing engineers and industry professionals, managers, and executives working in the petroleum industry who have the responsibility of planning and decision-making, as well as advanced students in petroleum and chemical engineering studying engineering economics, petroleum economics and policy, project evaluation, and plant design.

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 10: 1928374650XXX
ISBN 13: OCLC:25139144
Language: EN, FR, DE, ES & NL

Petroleum Exploration Economics and Risk Analysis Book Review:

Hydrocarbon Exploration and Production

Hydrocarbon Exploration and Production
Author: Frank Jahn
Publsiher: Elsevier
Total Pages: 396
Release: 1998-03-13
ISBN 10: 0080534252
ISBN 13: 9780080534251
Language: EN, FR, DE, ES & NL

Hydrocarbon Exploration and Production Book Review:

This book on hydrocarbon exploration and production is the first volume in the series Developments in Petroleum Science. The chapters are: The Field Life Cycle, Exploration, Drilling Engineering, Safety and The Environment, Reservoir Description, Volumetric Estimation, Field Appraisal, Reservoir Dynamic Behaviour, Well Dynamic Behaviour, Surface Facilities, Production Operations and Maintenance, Project and Contract Management, Petroleum Economics, Managing the Producing Field, and Decommissioning.

Petroleum Economics and Engineering

Petroleum Economics and Engineering
Author: M.A. Al-Sahlawi
Publsiher: CRC Press
Total Pages: 452
Release: 1992-01-22
ISBN 10: 1482277026
ISBN 13: 9781482277029
Language: EN, FR, DE, ES & NL

Petroleum Economics and Engineering Book Review:

Revised and updated to reflect major changes in the field, this second edition presents an integrated and balanced view of current attitudes and practices used in sound economic decision-making for engineering problems encountered in the oil industry. The volume contains many problem-solving examples demonstrating how economic analyses are applied to different facets of the oil industry.;Discussion progresses from an introduction to the industry, through principles and techniques of engineering economics, to the application of economic methods to the oil industry. It provides information on the types of crude oils, their finished products and resources of natural gas, and also summarizes worldwide oil production and consumption data.

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 10: 1118017129
ISBN 13: 9781118017128
Language: EN, FR, DE, ES & NL

Energy Finance and Economics Book Review:

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.

Upstream Petroleum Fiscal and Valuation Modeling in Excel

Upstream Petroleum Fiscal and Valuation Modeling in Excel
Author: Ken Kasriel,David Wood
Publsiher: John Wiley & Sons
Total Pages: 376
Release: 2013-06-06
ISBN 10: 1118537696
ISBN 13: 9781118537695
Language: EN, FR, DE, ES & NL

Upstream Petroleum Fiscal and Valuation Modeling in Excel Book Review:

Please contact the authors at [email protected] for details of how to access the trial version of Crystal Ball, as well as the Excel and other files which are *not* part of the e-book version download. "This is a book no deal team should be without. It is a must for those involved in upstream oil and gas transactions, planning, budgeting, investment appraisal and portfolio management. Its step–by–step approach cuts through complexity, making it comprehensive and understandable by a wide range of users with a wide range of abilities. It can be used as a textbook, an introductory primer or as a handbook that you can dip in and out of or read cover to cover." —Michael Lynch–Bell, Senior Advisor, Oil & Gas, Ernst & Young LLP; ex-officio Chairman, UN Expert Group on Resource Classification In the upstream petroleum industry, it is the value of post–tax cashflows which matters most to companies, governments, investors, lenders, analysts, and advisors. Calculating these cashflows and understanding their “behavior,” however, is challenging, as the industry’s specialized fiscal systems can be complex, jargon–laden, and sometimes seem to be a “world of their own”. Upstream Petroleum Fiscal and Valuation Modeling in Excel: A Worked Examples Approach demystifies fiscal analysis which, unlike disciplines such as Earth sciences and engineering, can be learned from a book. Written in plain English for laymen and for experienced practitioners alike, it is a reader–friendly, clear, practical, step–by–step hands–on guide for both reference and self–paced study. The book does not catalogue the 100+ different petroleum fiscal regimes in use at the time of writing. Rather, drawing on the authors’ combined 48 years’ experience, it takes a more timeless, generic treatment, by covering the most common variants of royalties, taxation, production sharing arrangements, bonuses and abandonment funding , through a dual approach: first, showing how to model them in Excel , and then providing interactive exercises to prompt (and answer) questions that analyze impacts on cashflows. In addition to the main text, the book consists of over 120 Excel files (ranging from modular examples to full models) in Excel 2007 and 2003 formats; over 400 pages of supplementary PDF files; VBA features to enhance model functionality; and an introduction to risk modeling with exercises for the included trial version of Oracle’s Crystal Ball software. It offers both a wealth of content and models equal to or surpassing what is available from fiscal modeling courses costing several times more; and greater insights into underlying calculations than commercially available “black box” fiscal software. New US Securities and Exchange Commission (SEC) rules planned for 2013 will force petroleum companies to disclose more fiscal information on an individual country basis. This will make it more important than ever for analysts to understand how to model oil and gas terms and the potential impacts of the disclosed government payments on future oil and gas company profitability. Due to the heavy use of graphics and cross references used in this particular text, some readers might find that the printed book offers a more optimal reading experience than certain e-formats particularly with the Kindle eMobi format.

Petroleum Exploration Economics and Risk Analysis

Petroleum Exploration Economics and Risk Analysis
Author: Anonim
Publsiher: Unknown
Total Pages: 136
Release: 1978
ISBN 10: 1928374650XXX
ISBN 13: OCLC:5880197
Language: EN, FR, DE, ES & NL

Petroleum Exploration Economics and Risk Analysis Book Review:

Decision Analysis for Petroleum Exploration

Decision Analysis for Petroleum Exploration
Author: Paul D. Newendorp
Publsiher: Createspace Independent Publishing Platform
Total Pages: 198
Release: 2017-07-20
ISBN 10: 9781548995546
ISBN 13: 1548995541
Language: EN, FR, DE, ES & NL

Decision Analysis for Petroleum Exploration Book Review:

Decision Analysis for Petroleum Exploration By Paul D. Newendorp

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 10: 9780080568836
ISBN 13: 0080568831
Language: EN, FR, DE, ES & NL

Hydrocarbon Exploration and Production Book Review:

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

Petroleum Economics

Petroleum Economics
Author: Jean Masseron
Publsiher: Editions OPHRYS
Total Pages: 519
Release: 1990
ISBN 10: 9782710810681
ISBN 13: 2710810689
Language: EN, FR, DE, ES & NL

Petroleum Economics Book Review: