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| petroleum economics textbook: Petroleum Economics Jean Masseron, 1990 |
| petroleum economics textbook: Introduction to Petroleum Economics Chris Hinkin, 2020-08-26 Introduction to Petroleum Economics is about the process of gathering project data, calculating whether a project should proceed and delivering recommendations. 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. Along the way the author relates some helpful and informative anecdotes based on his almost twenty-year career as a petroleum economist. Vital for all oil professionals as well as students, Introduction to Petroleum Economics unravels the decision-making behind why a petroleum project moves ahead or ends |
| petroleum economics textbook: Petroleum Economics and Engineering M.A. Al-Sahlawi, 1992-01-22 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 |
| petroleum economics textbook: The Economics of Oil S.W. Carmalt, 2016-12-26 This book examines the ways that oil economics will impact the rapidly changing global economy, and the oil industry itself, over the coming decades. The predictions of peak oil were both right and wrong. Oil production has been constrained in relation to demand for the past decade, with a resulting four-fold increase in the oil price slowing the entire global economy. High oil prices have encouraged a small increase in oil production, and mostly from the short-lived “fracking revolution,” but enough to be able to claim that “peak oil” was a false prophecy. The high oil price has also engendered massive exploration investments, but remaining hydrocarbon stocks generally offer poor returns in energy (the energy return on investment or EROI) and financial terms, and no longer replace the reserves being produced. As a result, the economically powerful oil companies are under great pressure, both financially and politically, as oil remains the backbone of the global economy./div”Development scenarios and political pressure for growth as a means of solving economic woes both require more net energy, which is the amount of energy available after energy (and thus financial) inputs required for new sources to come on line are deducted. In today’s economy, more energy usually means more oil. Although a barrel of oil from any source may look the same, “tight oil” and oil from tar sands require much higher prices to be profitable for the producer; these expensive sources have very different economic implications from the conventional oil supplies that underpinned economic growth for most of the 20th century. The role of oil in the global economy is not easily changed. Since currently installed infrastructure assumes oil, a change implies more than just substitution of an energy source. The speed with which such basic structural changes can be made is also constrained, and ultimately themselves dependent on fossil fuel inputs. It remains unclear how this scenario will evolve, and that uncertainty adds additional economic pressure to the investment decisions that must be made. “Drill baby drill” and new pipeline projects may be attractive politically, but projections of economic and associated oil production growth based on past performance are clearly untenable. |
| petroleum economics textbook: Economics of Worldwide Petroleum Production Fraser H. Allen, Richard D. Seba, 1993 |
| petroleum economics textbook: Economic Analysis of Oil and Gas Engineering Operations Hussein K. Abdel-Aal, 2021-02-26 Engineers seek solutions to problems, and the economic viability of each potential solution is normally considered along with the technical merits. This is typically true for the petroleum sector, which includes the global processes of exploration, production, refining, and transportation. Decisions on an investment in any oil or gas field development are made on the basis of its value, which is judged by a combination of a number of economic indicators. Economic Analysis of Oil and Gas Engineering Operations focuses on economic treatment of petroleum engineering operations and serves as a helpful resource for making practical and profitable decisions in oil and gas field development. Reflects major changes over the past decade or so in the oil and gas industry Provides thorough coverage of the use of economic analysis techniques in decision-making in petroleum-related projects Features real-world cases and applications of economic analysis of various engineering problems encountered in petroleum operations Includes principles applicable to other engineering disciplines This work will be of value to practicing engineers and industry professionals, managers, and executives working in the petroleum industry who have the responsibility of planning and decision-making, as well as advanced students in petroleum and chemical engineering studying engineering economics, petroleum economics and policy, project evaluation, and plant design. |
| petroleum economics textbook: The Economics of Oil and Gas Xiaoyi Mu, 2020 This book examines the economics of the entire value chain of the oil and gas industry, from exploration, development, and production, to transportation, refining, and marketing. At each stage, the key economic costs, considerations, and appropriate business strategies are explored. |
| petroleum economics textbook: Petroleum Refinery Process Economics Robert E. Maples, 2000 Maples presents an organized look at yield data and properties of products from refinery processes, how to use this information in performing various process economics studies, and discusses operating and capital costs for economic evaluation of both single processes and complete refineries. Yield correlations are presented for all of the important commercially-established petroleum refinery processes, each accompanied by operating requirements and capital cost of a typical unit. Here the user has all of the information required to perform a preliminary economic evaluation. For each process yield correlation a simplified process flow diagram and brief process description is given. Contents: Correlation methodology Crude oils, hydrocarbons, and refinery products Refinary processing overview Energy resources and transportation fuels The environment and the refinery Crude oil and residual oil processing Solvent deasphalting Visbreaking and aquaconversion Delayed coking Fluid coking/flexicoking Heavy distillate processing Fluid catalylic and heavy oil cracking Hydrocracking Hydrotreating Light distillate processing Naphtha desulfurization Catalytic reforming Light hydrocarbon processing Isomerization Alkylation Catalytic polymerization and dehydration Oxygenates Treating and other auxiliary processes Aromatics extraction Hydrogen manufacture Sour water stripping Sweetening Acid gas removal Sulfur recovery Tail gas cleanup Water treatment and waste disposal Blending Process economics Economics. |
| petroleum economics textbook: Petroleum Refining James H. Gary, Glenn E. Handwerk, Mark J. Kaiser, 2007-03-05 Petroleum refiners must face billion-dollar investments in equipment in order to meet ever-changing environmental requirements. Because the design and construction of new processing units entail several years’ lead time, refiners are reluctant to commit these dollars for equipment that may no longer meet certain conditions when the units come on stream. Written by experts with both academic and professional experience in refinery operation, design, and evaluation, Petroleum Refining Technology and Economics, Fifth Edition is an essential textbook for students and a vital resource for engineers. This latest edition of a bestselling text provides updated data and addresses changes in refinery feedstock, product distribution, and processing requirements resulting from federal and state legislation. Providing a detailed overview of today’s integrated fuels refinery, the book discusses each major refining process as they relate to topics such as feedstock preparation, operating costs, catalysts, yields, finished product properties, and economics. It also contains end-of-chapter problems and an ongoing case study. |
| petroleum economics textbook: Upstream Petroleum Fiscal and Valuation Modeling in Excel Ken Kasriel, David Wood, 2013-06-06 Please contact the authors at upstream.petroleum.in.excel@gmail.com for details of how to access the trial version of Crystal Ball, as well as the Excel and other files which are *not* part of the e-book version download. This is a book no deal team should be without. It is a must for those involved in upstream oil and gas transactions, planning, budgeting, investment appraisal and portfolio management. Its step–by–step approach cuts through complexity, making it comprehensive and understandable by a wide range of users with a wide range of abilities. It can be used as a textbook, an introductory primer or as a handbook that you can dip in and out of or read cover to cover. —Michael Lynch-Bell, Senior Advisor, Oil & Gas, Ernst & Young LLP; ex-officio Chairman, UN Expert Group on Resource Classification In the upstream petroleum industry, it is the value of post–tax cashflows which matters most to companies, governments, investors, lenders, analysts, and advisors. Calculating these cashflows and understanding their “behavior,” however, is challenging, as the industry’s specialized fiscal systems can be complex, jargon–laden, and sometimes seem to be a “world of their own”. Upstream Petroleum Fiscal and Valuation Modeling in Excel: A Worked Examples Approach demystifies fiscal analysis which, unlike disciplines such as Earth sciences and engineering, can be learned from a book. Written in plain English for laymen and for experienced practitioners alike, it is a reader–friendly, clear, practical, step–by–step hands–on guide for both reference and self–paced study. The book does not catalogue the 100+ different petroleum fiscal regimes in use at the time of writing. Rather, drawing on the authors’ combined 48 years’ experience, it takes a more timeless, generic treatment, by covering the most common variants of royalties, taxation, production sharing arrangements, bonuses and abandonment funding , through a dual approach: first, showing how to model them in Excel , and then providing interactive exercises to prompt (and answer) questions that analyze impacts on cashflows. In addition to the main text, the book consists of over 120 Excel files (ranging from modular examples to full models) in Excel 2007 and 2003 formats; over 400 pages of supplementary PDF files; VBA features to enhance model functionality; and an introduction to risk modeling with exercises for the included trial version of Oracle’s Crystal Ball software. It offers both a wealth of content and models equal to or surpassing what is available from fiscal modeling courses costing several times more; and greater insights into underlying calculations than commercially available “black box” fiscal software. New US Securities and Exchange Commission (SEC) rules planned for 2013 will force petroleum companies to disclose more fiscal information on an individual country basis. This will make it more important than ever for analysts to understand how to model oil and gas terms and the potential impacts of the disclosed government payments on future oil and gas company profitability. Due to the heavy use of graphics and cross references used in this particular text, some readers might find that the printed book offers a more optimal reading experience than certain e-formats particularly with the Kindle eMobi format. |
| petroleum economics textbook: Green Petroleum M. R. Islam, A. B. Chhetri, M. M. Khan, 2012-09-25 Can green petroleum reverse global warming and bring down high gasoline prices? Written in non-technical language for the layperson, this book investigates and details how the oil and gas industry can go green with new processes and technologies, thus bringing the world's most important industry closer to environmental and economic sustainability. This book unravels the mysteries of the current energy crisis and argues that solutions to global warming will come only from the development of new technologies. Discussed here are the reasons why petroleum operations, as they are now, are not sustainable; how each practice treads an inherently implosive path; and how each spells irreversible damage to the planet's ecosystem. Fossil fuel consumption is not the culprit; rather, the practices involved, from exploration to refining and processing, are responsible for the current damage to the environment. |
| petroleum economics textbook: Petroleum Economics Rognvaldur Hannesson, 1998-10-28 The petroleum industry is arguably the most influential and important industry in the world. This book offers a comprehensive introduction to the economics of oil and natural gas extraction and production along with a detailed discussion of pricing, taxing, and markets of these most valuable commodities. The optimization of the time profile of revenues from individual fields is discussed along with the development of oil pricing, tax systems, and oil and natural gas regulation. This book will be of great value to petroleum engineers, students in business and economics, policy makers, and anyone else interested in the future of petroleum production. |
| petroleum economics textbook: The Oil Curse Michael L. Ross, 2013-09-08 Explaining—and solving—the oil curse in the developing world Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth—and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats—and twice as likely to descend into civil war—than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed. |
| petroleum economics textbook: Petroleum Reservoir Engineering Practice Nnaemeka Ezekwe, 2010-09-09 The Complete, Up-to-Date, Practical Guide to Modern Petroleum Reservoir Engineering This is a complete, up-to-date guide to the practice of petroleum reservoir engineering, written by one of the world’s most experienced professionals. Dr. Nnaemeka Ezekwe covers topics ranging from basic to advanced, focuses on currently acceptable practices and modern techniques, and illuminates key concepts with realistic case histories drawn from decades of working on petroleum reservoirs worldwide. Dr. Ezekwe begins by discussing the sources and applications of basic rock and fluid properties data. Next, he shows how to predict PVT properties of reservoir fluids from correlations and equations of state, and presents core concepts and techniques of reservoir engineering. Using case histories, he illustrates practical diagnostic analysis of reservoir performance, covers essentials of transient well test analysis, and presents leading secondary and enhanced oil recovery methods. Readers will find practical coverage of experience-based procedures for geologic modeling, reservoir characterization, and reservoir simulation. Dr. Ezekwe concludes by presenting a set of simple, practical principles for more effective management of petroleum reservoirs. With Petroleum Reservoir Engineering Practice readers will learn to • Use the general material balance equation for basic reservoir analysis • Perform volumetric and graphical calculations of gas or oil reserves • Analyze pressure transients tests of normal wells, hydraulically fractured wells, and naturally fractured reservoirs • Apply waterflooding, gasflooding, and other secondary recovery methods • Screen reservoirs for EOR processes, and implement pilot and field-wide EOR projects. • Use practical procedures to build and characterize geologic models, and conduct reservoir simulation • Develop reservoir management strategies based on practical principles Throughout, Dr. Ezekwe combines thorough coverage of analytical calculations and reservoir modeling as powerful tools that can be applied together on most reservoir analyses. Each topic is presented concisely and is supported with copious examples and references. The result is an ideal handbook for practicing engineers, scientists, and managers—and a complete textbook for petroleum engineering students. |
| petroleum economics textbook: Reservoir Engineering Mr. Rohit Manglik, 2024-01-18 EduGorilla Publication is a trusted name in the education sector, committed to empowering learners with high-quality study materials and resources. Specializing in competitive exams and academic support, EduGorilla provides comprehensive and well-structured content tailored to meet the needs of students across various streams and levels. |
| petroleum economics textbook: Standard Handbook of Petroleum & Natural Gas Engineering William C. Lyons, 2001 Volume 1 presents the mathematics and general engineering and science of petroleum engineering. It also examines the auxiliary equipment and provides coverage of all aspects of drilling and well completion. |
| petroleum economics textbook: Petroleum Economics Jean Masseron, 1990 |
| petroleum economics textbook: The International Political Economy of Oil and Gas Slawomir Raszewski, 2017-11-15 This book addresses energy research from four distinct International Political Economy perspectives: energy security, governance, legal and developmental areas. Energy is too important to be neglected by political scientists. Yet, within the mainstream of the discipline energy research still remains a peripheral area of academic enquiry seeking to plug into the discipline’s theoretical debates. The purpose of this book is to assess how existing perspectives fit with our understanding of social science energy research by focusing on the oil and gas dimension. |
| petroleum economics textbook: Energy Economics Subhes C. Bhattacharyya, 2019-11-02 This book provides an updated and expanded overview of basic concepts of energy economics and explains how simple economic tools can be used to analyse contemporary energy issues in the light of recent developments, such as the Paris Agreement, the UN Sustainable Development Goals and new technological developments in the production and use of energy. The new edition is divided into four parts covering concepts, issues, markets, and governance. Although the content has been thoroughly revised and rationalised to reflect the current state of knowledge, it retains the main features of the first edition, namely accessibility, research-informed presentation, and extensive use of charts, tables and worked examples. This easily accessible reference book allows readers to gain the skills required to understand and analyse complex energy issues from an economic perspective. It is a valuable resource for students and researchers in the field of energy economics, as well as interested readers with an interdisciplinary background. |
| petroleum economics textbook: Crude Volatility Robert McNally, 2019-05 Crafting an engrossing journey from the Pennsylvania oil fields of the 1860s to today's Middle East, Crude Volatility shows how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Robert McNally explains how oil became so central to our world and why it is subject to such extreme price fluctuations. |
| petroleum economics textbook: Introduction to Petroleum Engineering John R. Fanchi, Richard L. Christiansen, 2016-09-13 Presents key concepts and terminology for a multidisciplinary range of topics in petroleum engineering Places oil and gas production in the global energy context Introduces all of the key concepts that are needed to understand oil and gas production from exploration through abandonment Reviews fundamental terminology and concepts from geology, geophysics, petrophysics, drilling, production and reservoir engineering Includes many worked practical examples within each chapter and exercises at the end of each chapter highlight and reinforce material in the chapter Includes a solutions manual for academic adopters |
| petroleum economics textbook: Petroleum Refining Mark J. Kaiser, Arno de Klerk, James H. Gary, Glenn E. Handwerk, 2019-09-11 For four decades, Petroleum Refining has guided thousands of readers toward a reliable understanding of the field, and through the years has become the standard text in many schools and universities around the world offering petroleum refining classes, for self-study, training, and as a reference for industry professionals. The sixth edition of this perennial bestseller continues in the tradition set by Jim Gary as the most modern and authoritative guide in the field. Updated and expanded to reflect new technologies, methods, and topics, the book includes new discussion on the business and economics of refining, cost estimation and complexity, crude origins and properties, fuel specifications, and updates on technology, process units, and catalysts. The first half of the book is written for a general audience to introduce the primary economic and market characteristics of the industry and to describe the inputs and outputs of refining. Most of this material is new to this edition and can be read independently or in parallel with the rest of the text. In the second half of the book, a technical review of the main process units of a refinery is provided, beginning with distillation and covering each of the primary conversion and treatment processes. Much of this material was reorganized, updated, and rewritten with greater emphasis on reaction chemistry and the role of catalysis in applications. Petroleum Refining: Technology, Economics, and Markets is a book written for users, the practitioners of refining, and all those who want to learn more about the field. |
| petroleum economics textbook: Petroleum Production Engineering, A Computer-Assisted Approach Boyun Guo, 2011-04-01 Petroleum Production Engineering, A Computer-Assisted Approach provides handy guidelines to designing, analyzing and optimizing petroleum production systems. Broken into four parts, this book covers the full scope of petroleum production engineering, featuring stepwise calculations and computer-based spreadsheet programs. Part one contains discussions of petroleum production engineering fundamentals, empirical models for production decline analysis, and the performance of oil and natural gas wells. Part two presents principles of designing and selecting the main components of petroleum production systems including: well tubing, separation and dehydration systems, liquid pumps, gas compressors, and pipelines for oil and gas transportation. Part three introduces artificial lift methods, including sucker rod pumping systems, gas lift technology, electrical submersible pumps and other artificial lift systems. Part four is comprised of production enhancement techniques including, identifying well problems, designing acidizing jobs, guidelines to hydraulic fracturing and job evaluation techniques, and production optimization techniques. - Provides complete coverage of the latest techniques used for designing and analyzing petroleum production systems - Increases efficiency and addresses common problems by utilizing the computer-based solutions discussed within the book - Presents principles of designing and selecting the main components of petroleum production systems |
| petroleum economics textbook: Energy in Perspective Mark Cronshaw, 2021-02-22 This textbook provides broad coverage of energy supply and use. It discusses how energy is produced, transformed, delivered to end users, and consumed. The author discusses all of this at an undergraduate level, accessible to students of varying backgrounds. High-level and human-scale perspectives are included. As a high-level example, the book discusses the shares of global primary energy that are provided by oil, gas, coal, hydroelectricity, and renewables, as well as trends in energy consumption and supply over time. Human-scale examples will resonate with readers’ every day experiences. The link between economic development and energy consumption is presented, which facilitates understanding of how global energy consumption growth is inevitable as economic development occurs. Coverage includes separate chapters on the oil, natural gas, coal, and electricity sectors. Each of these provides high-level descriptions of the technology involved in the production of that type of energy as well as the processing and transportation that occurs to bring the energy to end users. The book discusses the technological implications of energy transitions such as increased use of renewables or changes in the use of nuclear energy using Germany and Japan as examples. It closes with a discussion of future energy use. |
| petroleum economics textbook: Handbook of Energy Economics and Policy Alessandro Rubino, Alessandro Sapio, Massimo La Scala, 2021-05-01 Handbook of Energy Economics and Policy: Fundamentals and Applications for Engineers and Energy Planners presents energy engineers and managers with analytical skills and concepts that enable them to apply simple economic logic to understand the interrelations between energy technologies, economics, regulation and governance of the industry. Sections cover the origins, types and measurement of energy sources, transportation networks, and regulatory and policy issues on electricity and gas at a global level, new economic and policy issues, including innovation processes in the energy industry and economic and policy implications. Final sections cover state-of-the-art methods for modeling and predicting the dynamics of energy systems. Its unique approach and learning path makes this book an ideal resource for energy engineering practitioners and researchers working to design, develop, plan or deploy energy systems. Energy planners and policymakers will also find this to be a solid foundation on which to base decisions. - Presents key-concepts and their interrelation with energy technologies and systems in a clear way for ready application during planning and deployment of energy technologies and systems - Includes global case studies covering a wide array of energy sources and regulatory models - Explores methodologies for modeling and forecasting the impacts of energy technologies and systems, as well as their costs and possible business models |
| petroleum economics textbook: Algeria Ali Aïssaoui, 2001 This book is the fifth in a series of books on the major petroleum and gas exporting nations, most of them part of the developing world. Because of its gas dimension, Algeria occupies a special position in the global economy, particularly with regard to Europe. At the same time, despite its efforts to diversify the economy, Algeria still finds that its prospects are closely bound to the future of oil and gas. |
| petroleum economics textbook: Handbook of Oil Politics Robert E. Looney, 2012-01-25 These days, one would have a difficult time picking up a newspaper, or watching a newscast that did not have a lead story dealing with some aspect of oil. From instability in the Middle East, to stock market crashes and concerns over the health of the world economy, to wars that seem to break out unexpectedly around the world, to discussions of global warming, and even speculation over the fate of mankind, oil is usually lurking somewhere in the background. To many, oil markets and their linkages to a whole spectrum of events remain something of a mystery. Unfortunately, most of the easily obtained information on oil is deeply flawed. Whole web-conspiracy sites depict ruthless insiders and reckless dictators manipulating energy markets at will. The 30 essays in this volume, written by the leading experts in the field, attempt to set the record straight. While their assessments may lack the sensationalism of many popular pundits, serious readers will find their insights invaluable in the years to come in providing a framework for understanding many of the events of the day. The volume is divided into sections. Part I provides a broad overview of the political dimensions underlying the supply of oil. Some of the key questions addressed include: is the world running out of oil? And if so, is the cause physical scarcity or political/policy failure? Why are many of the oil-producing countries in the developing world so unstable? Can oil markets be made to provide more stability to the world system? Part II examines some of the political responses to oil-related developments. Here, the key questions concern the role of the political process in the development of alternative sources of energy. The various means through which countries approach their energy security is assessed, as is the problem of climate change. The section ends with the provocative question, do governments really need to go to war for oil? Oil production, energy markets, and the political environment produce distinct regional patterns. Part III examines oil and political power in Africa, Latin America, the Middle East and South-East Asia. Part IV expands some of the main regional themes through a series of case studies on specific countries: Iraq, Iran, Saudi Arabia, Egypt, Russia and Brazil. A final section looks to the future: will the oil curse continue for many countries? How will the growth and expansion of China affect oil prices and availabilities? Will oil-based sovereign wealth funds contribute to global stability or will they create increased political tensions between consuming and producing countries? Will volatile oil markets undermine the US dollar as well as the global financial system? Perhaps appropriately, the volume ends with an assessment of the future of oil in a carbon constrained world. All in all, the essays in this volume cover the whole spectrum of the politics of oil. Hopefully they will help shed light on this vital, yet still often misunderstood topic. The book does not represent any particular political or ideological position. Instead, each author has sought to objectively seek a deeper understanding as to the complexity and subtlety of forces that have all too often eluded policymakers around the world. |
| petroleum economics textbook: Oil and Gas Property Evaluation John D. Wright, 2015-08-15 This text covers all of the subjects necessary to evaluate oil and gas properties. Subjects include decline curve evaluation using both Arps' equations and more recent equations, and net cash flow calculations in a royalty/tax system and a production sharing contract. Time value of money and managerial indicators are also discussed. Resource and reserve definitions under PRMS and SEC systems including a compilation of the 1978 and 2008 SEC definitions. Oil and gas pricing is discussed including an example on calculating the revenue from a POP contract. Examples of AFE's for horizontal and vertical wells are provided along with lease operating statements. Methods of handling uncertainty are covered including sensitivity analysis, expected value tables, decision trees, and Monte Carlo simulation. There is a chapter on U.S. Federal Income Tax as applied to both IPRO and integrated oil companies. Land concepts are discussed and a technique for determining working interest and net revenue interest in complex deals is presented. One chapter covers the three styles of report - letter, formal, and oral - with specific suggestions for the report content and example reports. |
| petroleum economics textbook: Project Economics & Decision Analysis Mohammed A. Mian, 2024 The Project Economics and Decision Analysis books cover essential concepts of capital investment evaluation, capital budgeting, and decision analysis. They guide readers step-by-step through the decision-making process, offering an extensive exploration of decision analysis tools available today. The books detail how investment decisions are approached under various stages of risk, with a focus on practical application. Using a straightforward style, they incorporate solved real-life examples, end-of-chapter problems, and numerous illustrations to enhance understanding-- |
| petroleum economics textbook: Fundamentals of Petroleum and Petrochemical Engineering Uttam Ray Chaudhuri, 2016-04-19 The supply of petroleum continues to dwindle at an alarming rate, yet it is the source of a range of products- from gasoline and diesel to plastic, rubber, and synthetic fiber. Critical to the future of this commodity is that we learn to use it more judiciously and efficiently. Fundamentals of Petroleum and Petrochemical Engineering provides a holi |
| petroleum economics textbook: Economics of Sustainable Energy Jaan S. Islam, M. R. Islam, Meltem Islam, M. A. H. Mughal, 2018-09-14 Co-written by a pioneer of the sustainability movement, this groundbreaking volume offers a new way of thinking about the economics of sustainable energy, a goal that has eluded scientists and economists for decades. Every year, as soon as reports on global economic inequality remind us about the direction our civilization is heading, there is a hysterical reaction, but hysteria dies down within weeks and we go back to the lifestyle that brought us here today. Often the blame is laid on the Millennial generation for their apathy, lust for comfort, and bratty attitude. Yet, business insider surveys indicate it's the same Millennial generation that overwhelmingly cares for the state of the world and the direction in which our civilization is heading. Nearly 50% of them ranked climate change and destruction of nature as their primary concern. This is followed by concern for war and global conflict, and then global economic inequality. The vast majority of those surveyed are willing and eager to make lifestyle changes. This book breaks open the hypocrisy of our civilization and stops the blame game in its tracks and identifies the root causes of today's world economy, ecology, and global politics. The book demonstrates that changes in lifestyle are necessary but not sufficient. No economic policy or technology development mode has a chance to survive, let alone thrive unless supported by the political establishment. In this process, the government plays a pivotal role. The challenge is to change the attitude of the government from a 'self-serving' controlling mode to a representative philanthropic mode. This new system of economic development and political governance is inspired by a long-forgotten understanding of political economics: medieval Islamic economics. In reviewing the history of economics from trade, currencies, and interest, the strengths and weaknesses of various economic developments over our centuries are evaluated. Based on the historical analysis, a step by step procedure is outlined for this fundamental change in our society today. As a whole, this book is the first in the modern era to offer such a comprehensive analysis, complete with solutions to the entire crisis of today's civilization. |
| petroleum economics textbook: Hydrocarbon Exploration and Production Frank Jahn, 1998-03-13 This book on hydrocarbon exploration and production is the first volume in the series Developments in Petroleum Science. The chapters are: The Field Life Cycle, Exploration, Drilling Engineering, Safety and The Environment, Reservoir Description, Volumetric Estimation, Field Appraisal, Reservoir Dynamic Behaviour, Well Dynamic Behaviour, Surface Facilities, Production Operations and Maintenance, Project and Contract Management, Petroleum Economics, Managing the Producing Field, and Decommissioning. |
| petroleum economics textbook: Local Content Oil and Gas Law in Africa Pereowei Subai, 2019-01-10 Examining local content law and policy in the oil and gas industry, this book uses Nigeria as a primary case study, comparing its approach to countries such as Brazil and Norway which have also adopted local content laws in relation to their gas and oil industries. In considering various aspects of local content law and policy as they apply to the oil and gas industry, the book examines the factors behind the formulation of local content policies by petroleum producing states, and the various strategies they have employed to implement them. It analyses arguments against local content requirements from the perspective of international trade and investment law, and from liberal market economic theorists, who argue against its overall usefulness. The book highlights salient aspects of the oil and gas industry such as regulation, national oil companies, treatment of minorities, and policy formulation and implementation. |
| petroleum economics textbook: Project Management for the Oil and Gas Industry Adedeji B. Badiru, Samuel O. Osisanya, 2016-04-19 Project management for oil and gas projects comes with a unique set of challenges that include the management of science, technology, and engineering aspects. Underlining the specific issues involved in projects in this field, Project Management for the Oil and Gas Industry: A World System Approach presents step-by-step application of project manag |
| petroleum economics textbook: Oil & Gas Engineering Guide (The) - 2nd ED BARON Hervé, 2015-03-01 This book provides the reader with: • a comprehensive description of engineering activities carried out on oil & gas projects, • a description of the work of each engineering discipline, including illustrations of all common documents, • an overall view of the plant design sequence and schedule, • practical tools to manage and control engineering activities. This book is designed to serve as a map to anyone involved with engineering activities. It enables the reader to get immediately oriented in any engineering development, to know which are the critical areas to monitor and the proven methods to apply. It will fulfill the needs of anyone wishing to improve engineering and project execution. Table des matières : 1. Project Engineering. 2. The Design Basis. 3. Process. 4. Equipment/Mechanical. 5. Plant Layout. 6. Safety & Environment. 7. Civil Engineering. 8. Materials & Corrosion. 9. Piping. 10. Plant Model. 11. Instrumentation and Control. 12. Electrical. 13. Off-Shore. 14. The Overall Work Process. 15. BASIC, FEED and Detail Design. 16. Matching the Project Schedule. 17. Engineering Management. 18. Methods & Tools. 19. Field Engineering. 20. Revamping. |
| petroleum economics textbook: Principles of Commodity Economics and Finance Daniel P. Ahn, 2019-04-09 A rigorous but practical introduction to the economic, financial, and political principles underlying commodity markets. Commodities have become one of the fastest growing asset classes of the last decade and the object of increasing attention from investors, scholars, and policy makers. Yet existing treatments of the topic are either too theoretical, ignoring practical realities, or largely narrative and nonrigorous. This book bridges the gap, striking a balance between theory and practice. It offers a solid foundation in the economic, financial, and political principles underlying commodities markets. The book, which grows out of courses taught by the author at Columbia and Johns Hopkins, can be used by graduate students in economics, finance, and public policy, or as a conceptual reference for practitioners. After an introduction to basic concepts and a review of the various types of commodities—energy, metals, agricultural products—the book delves into the economic and financial dynamics of commodity markets, with a particular focus on energy. The text covers fundamental demand and supply for resources, the mechanics behind commodity financial markets, and how they motivate investment decisions around both physical and financial portfolio exposure to commodities, and the evolving political and regulatory landscape for commodity markets. Additional special topics include geopolitics, financial regulation, and electricity markets. The book is divided into thematic modules that progress in complexity. Text boxes offer additional, related material, and numerous charts and graphs provide further insight into important concepts. |
| petroleum economics textbook: Fundamentals of Oil and Gas Accounting Rebecca A. Gallun, John W. Stevenson, 1983 |
| petroleum economics textbook: Petroleum Economics Rögnvaldur Hannesson, The petroleum industry is arguably the most influential and important industry in the world. This book offers a comprehensive introduction to the economics of oil and natural gas extraction and production along with a detailed discussion of pricing, taxing, and markets of these most valuable commodities. |
| petroleum economics textbook: Petroleum Economics and Engineering, Third Edition Hussein K. Abdel-Aal, Mohammed A. Alsahlawi, 2013-12-14 This book explains how to apply economic analysis to the evaluation of engineering challenges in the petroleum industry. Discussion progresses from an introduction to the industry, through principles and techniques of engineering economics, to the application of economic methods. Packed with real-world examples and case studies demonstrating how to calculate rate of return, discounted cash flow, payout period, and more, Petroleum Economics and Engineering, Third Edition assists petroleum engineers, chemical engineers, production workers, management, and executives in sound economic decision-making regarding the design, manufacture, and operation of oil and gas plants, equipment, and processes. The fully revised third edition is updated to reflect key advancements in petroleum technology and expanded to include chapters on middle stream operations, known as surface petroleum operations (SPO), and natural gas processing and fractionation. By looking globally at the hydrocarbon industry, the improved text offers the reader a more complete picture of the petroleum sector, which includes the global processes of exploration, production, refining, and transportation. |
10 Best Masters in Petroleum Engineering Online Program
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Aug 12, 2024 · Petroleum Engineering – 09; BSc. Telecommunication Engineering – 14; BSc. Geological Engineering ...
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10 Best Masters in Petroleum Engineering Online Program
Oct 31, 2022 · A petroleum engineer must be creative because each new drill site is unique and therefore presents new challenges petroleum engineers must have a creative design to extract …
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Mar 23, 2023 · This is a flexible online petroleum engineering program from the University of Aberdeen, which is located in the European center of the oil and gas industry and offers you a …
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Aug 12, 2024 · Petroleum Engineering – 09; BSc. Telecommunication Engineering – 14; BSc. Geological Engineering ...
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Aug 16, 2024 · Petroleum Engineering; Petroleum Geosciences and Engineering; Renewable Energy Engineering; Technical Communication; Petroleum Refining and Petrochemical …
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Jul 17, 2024 · About Lautech. Ladoke Akintola University of Technology (LAUTECH) was founded in 1990 and is one of the most esteemed universities in Nigeria.
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Sep 26, 2024 · About Kabete National Polytechnic. Under the TVET Act, Kabete National Polytechnic (Kabete NP) is a public TVET institution founded by legal notice No. 92 of 2016.
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