Economic Risk in Hydrocarbon Exploration

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Economic Risk in Hydrocarbon Exploration

By Lerche, Ian; MacKay, John A.

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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.

Key Features
* 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

Subject: Professional, Career & Trade -> Engineering -> General Engineering

Economic Risk in Hydrocarbon Exploration
Publisher: Elsevier S & T 01/1999
Imprint: Academic Press
Language: English
Length: 404 pages

ISBN 10: 0124441653
ISBN 13: 9780124441651
Print ISBN: 9780124441651

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