Description
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
Table of Contents
1. Introduction2. Trends in global energy supply and demand3. Gaining access to E&P opportunity4. Exploration5. Appraisal planning6. Project cash flow7. Economic indicators from the DCF8. Risk analysis and decision making for development9. Incremental projects and decommissioning10. Portfolio management
