2017年4月26日 · Economics drives the entire oil/gas producing industry. Almost every decision is made on the basis of an economic evaluation. Economic evaluations are also performed to determine reserves and the "standardized measure of value" for reporting purposes for publicly held companies.

Petroleum economic evaluation is based on the use of Cashflow analysis or Discounted Cash Flow analysis (DCF). Cashflow measures the movement (inflow and outflow) of money in discrete time periods.

It discusses the science of petroleum economics, starting from square-one, the tools of the trade that petroleum economists use, day in and day out, and also its application.

YOU WILL LEARN WHY THE FOLLOWING ARE IMPORTANT TO PETROLEUM ECONOMICS: Optimal Choice; Decline Curves; Reserves; Cash Flow; Before and After Tax Economics; Discount Rate; Incremental, Acquisition, and Exploration Economics; Value of Information; Monte Carlo Methods; and an understanding of oil and gas.

Technology and economics are two areas that have the capacity to trans-form our world. Petroleum technology from the engineering point of view is subject of this book, along with economic analysis.

2023年11月1日 · Gain a comprehensive understanding of the foundational concepts in petroleum economics, including supply and demand dynamics, pricing mechanisms, and market fluctuations. Explore the various risk management strategies and investment analysis techniques used in the petroleum sector.

The purpose of this course is to educate one on how to prepare economic models of oil and gas projects and how to use those economic models to determine the economic viability of petroleum projects. For this purpose, this course will concentrate on discussing economics before …

2020年8月26日 · It discusses the science of petroleum economics, starting from square-one, the tools of the trade that petroleum economists use, day in and day out, and also its application.

“Petroleum Economics, by Jean Masseron, is a fine introductory text to the entire scope of activities and economic conditions facing the world-wide petroleum industry” (AAPG Bulletin).

2017年1月1日 · It discusses the science of petroleum economics, starting from square-one, the tools of the trade that petroleum economists use, day in and day out, and also its application.