Petroleum economics and engineering
Author(s)
Bibliographic Information
Petroleum economics and engineering
M. Dekker, c1992
2nd ed
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Note
Includes bibliographical references (p. 429-434) and index
Description and Table of Contents
Description
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.
Table of Contents
- Part 1 Introduction to the oil industry: world supply and demand
- structure of the oil industry
- characteristics of crude oils and properties of petroleum products
- resources and development of natural gas. Part 2 Principles, methods and techniques of engineering economics: time value and capital expenditures
- depreciation and depletion in oil projects
- financial measures and profitability analysis
- analysis of alternative selections and replacements
- risk, uncertainty and decision analysis
- break-even and sensitivity analysis
- optimization techniques. Part 3 Applications and project evaluation: oil fields - exploration and drilling operations, estimation of oil reserves and evaluation of an oil property, production operations
- oil transportation
- crude oil processing. Appendices: conversion factors
- compound interest factors.
by "Nielsen BookData"