Economic Modeling For Upstream Petroleum Projects: A Guide to the Strategies and Techniques for Building Project Evaluation Models

af Amr Rezk

In order to prioritize exploration activities, oil and gas companies need to follow a framework. This important procedural envelope is critical to the success of any oil and gas venture. Decision makers need to consider a multitude of variables before they decide whether or not to pursue any petroleum project. Before a decision to drill a well can be made, some important questions need to be answered; some of these questions revolve around the need for assurance that a well will bring wealth to ... (Læs mere)