This paper has a goal to describe, in brief, the mathematical calculationsin economic evaluation of oil exploration projects.Described are calculation of geological risks, reserve size, developmentcosts, production curves, production sharing and discounting.Mathematical methods include expected value theory, probability theoryand Monte Carlo simulation. All is put toget her in the form of acomputer data input sheet, as a single procedure with the purpose ofgiving the answer is expected profit from a potential prospect bigenough to justify the risk and money invested in exploration.</div
For accounting economic and geological uncertainties to efficiency of enhanced oil recovery (EOR) pr...
This paper presents a framework to improve the quality of investment decisions in petroleum. The mod...
Currently, under the conditions of increasing depletion of hydrocarbon reserves in Russia, it is nec...
This paper has a goal to describe, in brief, the mathematical calculationsin economic evaluation of ...
The mechanism of selecting and evaluating exploration prospects for oil and gas exploration drilling...
The mechanism of selecting and evaluating exploration prospects for oil and gas exploration drilling...
Qualitative feasibility analysis of exploration projects is the basis for rational exploration and i...
New millennium’s oil industry met the production from shale oil and shale gas formations as a revolu...
M.Com. (Business Management)Exploration, by its very natura, is a risky business; yet, because of th...
The condition of the oil and gas sector is characterized by the complication of geological settings,...
The results from the Discounted Cash Flow (DCF) are limited as a tool for decision-making in the pet...
The exploration of oil and gas depends on investments and prospective area to be explored. Explorati...
Abstract This paper discusses the assessment methodology of geologic probabilities of success of dr...
We develop a framework for valuation and optimal decision making in oil exploration projects with un...
A set of variables which are crucial to the economic outcome of petroleum exploration are discussed....
For accounting economic and geological uncertainties to efficiency of enhanced oil recovery (EOR) pr...
This paper presents a framework to improve the quality of investment decisions in petroleum. The mod...
Currently, under the conditions of increasing depletion of hydrocarbon reserves in Russia, it is nec...
This paper has a goal to describe, in brief, the mathematical calculationsin economic evaluation of ...
The mechanism of selecting and evaluating exploration prospects for oil and gas exploration drilling...
The mechanism of selecting and evaluating exploration prospects for oil and gas exploration drilling...
Qualitative feasibility analysis of exploration projects is the basis for rational exploration and i...
New millennium’s oil industry met the production from shale oil and shale gas formations as a revolu...
M.Com. (Business Management)Exploration, by its very natura, is a risky business; yet, because of th...
The condition of the oil and gas sector is characterized by the complication of geological settings,...
The results from the Discounted Cash Flow (DCF) are limited as a tool for decision-making in the pet...
The exploration of oil and gas depends on investments and prospective area to be explored. Explorati...
Abstract This paper discusses the assessment methodology of geologic probabilities of success of dr...
We develop a framework for valuation and optimal decision making in oil exploration projects with un...
A set of variables which are crucial to the economic outcome of petroleum exploration are discussed....
For accounting economic and geological uncertainties to efficiency of enhanced oil recovery (EOR) pr...
This paper presents a framework to improve the quality of investment decisions in petroleum. The mod...
Currently, under the conditions of increasing depletion of hydrocarbon reserves in Russia, it is nec...