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Economic risk in hydrocarbon exploration /

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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Lerche, I. (Ian)
Otros Autores: MacKay, James A.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: San Diego : Academic Press, �1999.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Preface. Introduction. Risk Adjusted Value (RAV) and Working Interest. Uncertainty and Probability Estimates for Risk Adjusted Values and Working Interest. Portfolio Balancing and Risk Adjusted Values Under Constrained Budget Conditions. Similarity, Dependence and Correlation for Risk Adjusted Values and Working Interest. Modifications to Risk Aversion in High Gain Situations. Corporate Funding Requests, Fixed Budgets, and Cost Balancing. Maximizing Oil Field Profit in the Face of Uncertainty. The Value of Added Information: Categories of Worth. Counting Successes, and Bidding Statistics Analyses. Economic Model Uncertainties. Bayesian Updating of an Opportunity. Options in Exploration Risk Analysis. Appendix A: Numerical Methods and Spread Sheets. Epilogue: Summary. References.