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...

Full description

Bibliographic Details
Call Number:Libro Electrónico
Main Author: Lerche, I. (Ian)
Other Authors: MacKay, James A.
Format: Electronic eBook
Language:Inglés
Published: San Diego : Academic Press, �1999.
Subjects:
Petroleum industry and trade > Finance > Mathematical models.
Prospecting > Costs > Mathematical models.
Risk > Mathematical models.
P�etrole > Industrie et commerce > Finances > Mod�eles math�ematiques.
Risque > Mod�eles math�ematiques.
BUSINESS & ECONOMICS > Industries > General.
Petroleum industry and trade > Finance > Mathematical models
Prospecting > Costs > Mathematical models
Risk > Mathematical models
Kohlenwasserstoffe
Exploration
Risiko
Wirtschaft
Petr�oleo (explora�c�ao;aspectos econ�omicos)
Derivados de petr�oleo.
Online Access:Texto completo
Table of Contents:
  • 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.

Similar Items