This book presents quantitative procedures for assessing predictions of potential oil recovery (basin size, hydrocarbon content), and economic impact (exploration cost, production, transport, and refining). Emphasis is placed on advances made in analytical methods and improved techniques developed during the last decade.
Oil exploration personnel in industry, graduate students in economic geology, and researchers in petroleum engineering.
Economics and Reserves. Profit Measures. Probability Measures. Risk Measures. Basin Analysis. Analysis of an Exploration Project. Strategies for Bids and Acquisitions. Management Decisions. Epilogue. Chapter References. Index.
- No. of pages:
- © Academic Press 1992
- 15th June 1992
- Academic Press
- eBook ISBN:
- Hardcover ISBN:
@qu:"This book is a much needed addition to the available texts on this newly emerging subject. Dr. Lerche is very knowledgeable on the material and his background in both industry and academia allows him to address the needs of both groups." @source:--JAMES A. MACKAY, Texaco Exploration Research