Author: Ray A. Brady
Publisher:
ISBN:
Category : Oil-shale industry
Languages : en
Pages : 110
Book Description
Mineral Property Economics--oil Shale
Author: Ray A. Brady
Publisher:
ISBN:
Category : Oil-shale industry
Languages : en
Pages : 110
Book Description
Publisher:
ISBN:
Category : Oil-shale industry
Languages : en
Pages : 110
Book Description
Mineral Property Evaluation
Author: Richard L. Bullock
Publisher: Society for Mining, Metallurgy & Exploration
ISBN: 0873354451
Category : Business & Economics
Languages : en
Pages : 554
Book Description
“Everything” sums up what must be considered for a properly documented property evaluation. Less than 30% of the projects that are developed in the minerals industry yield the return on investment that was projected from the project feasibility studies. The tools described in this handbook will greatly improve the probability of meeting your projections and minimizing project execution capital cost blowout that has become so prevalent in this industry in recent years. Mineral Property Evaluation provides guidelines to follow in performing mineral property feasibility and evaluation studies and due diligence, and in preparing proper documents for bankable presentations. It highlights the need for a consistent, systematic methodology in performing evaluation and feasibility work. The objective of a feasibility and evaluation study should be to assess the value of the undeveloped or developed mineral property and to convey these findings to the company that is considering applying technical and physical changes to bring the property into production of a mineral product. The analysis needs to determine the net present worth returned to the company for investing in these changes and to reach that decision point as early as possible and with the least amount of money spent on the evaluation study. All resources are not reserves, nor are all minerals an ore. The successful conclusion of any property evaluation depends on the development, work, and conclusions of the project team. The handbook has a diverse audience: • Professionals in the minerals industry that perform mineral property evaluations. • Companies that have mineral properties and perform mineral property feasibility studies and evaluations or are buying properties based on property evaluation. • Financial institutions, both domestic and overseas, that finance or raise capital for the minerals industry. • Consulting firms and architectural and engineering contractors that utilize mineral property feasibility studies and need standards to follow. • And probably the most important, the mining and geological engineering students and geology and economic geology students that need to learn the standards that they should follow throughout their careers.
Publisher: Society for Mining, Metallurgy & Exploration
ISBN: 0873354451
Category : Business & Economics
Languages : en
Pages : 554
Book Description
“Everything” sums up what must be considered for a properly documented property evaluation. Less than 30% of the projects that are developed in the minerals industry yield the return on investment that was projected from the project feasibility studies. The tools described in this handbook will greatly improve the probability of meeting your projections and minimizing project execution capital cost blowout that has become so prevalent in this industry in recent years. Mineral Property Evaluation provides guidelines to follow in performing mineral property feasibility and evaluation studies and due diligence, and in preparing proper documents for bankable presentations. It highlights the need for a consistent, systematic methodology in performing evaluation and feasibility work. The objective of a feasibility and evaluation study should be to assess the value of the undeveloped or developed mineral property and to convey these findings to the company that is considering applying technical and physical changes to bring the property into production of a mineral product. The analysis needs to determine the net present worth returned to the company for investing in these changes and to reach that decision point as early as possible and with the least amount of money spent on the evaluation study. All resources are not reserves, nor are all minerals an ore. The successful conclusion of any property evaluation depends on the development, work, and conclusions of the project team. The handbook has a diverse audience: • Professionals in the minerals industry that perform mineral property evaluations. • Companies that have mineral properties and perform mineral property feasibility studies and evaluations or are buying properties based on property evaluation. • Financial institutions, both domestic and overseas, that finance or raise capital for the minerals industry. • Consulting firms and architectural and engineering contractors that utilize mineral property feasibility studies and need standards to follow. • And probably the most important, the mining and geological engineering students and geology and economic geology students that need to learn the standards that they should follow throughout their careers.
Oil and Gas Property Evaluation
Author: John D. Wright
Publisher:
ISBN: 9780989674904
Category :
Languages : en
Pages : 649
Book Description
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.
Publisher:
ISBN: 9780989674904
Category :
Languages : en
Pages : 649
Book Description
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.
The Taxation of Petroleum and Minerals
Author: Philip Daniel
Publisher: Routledge
ISBN: 1136966951
Category : Business & Economics
Languages : en
Pages : 471
Book Description
Oil, gas and mineral deposits are a substantial part of the wealth of many countries, not least in developing and emerging market economies. Harnessing some part of that wealth for fiscal purposes is critical for economic development: in few areas of economic life are the returns to good policy so large, or mistakes so costly.
Publisher: Routledge
ISBN: 1136966951
Category : Business & Economics
Languages : en
Pages : 471
Book Description
Oil, gas and mineral deposits are a substantial part of the wealth of many countries, not least in developing and emerging market economies. Harnessing some part of that wealth for fiscal purposes is critical for economic development: in few areas of economic life are the returns to good policy so large, or mistakes so costly.
JPT
Author:
Publisher:
ISBN:
Category : Petroleum engineering
Languages : en
Pages : 552
Book Description
Publisher:
ISBN:
Category : Petroleum engineering
Languages : en
Pages : 552
Book Description
Computing Risk for Oil Prospects: Principles and Programs
Author: J.W. Harbaugh
Publisher: Elsevier
ISBN: 008052950X
Category : Science
Languages : en
Pages : 467
Book Description
The petroleum industry is enduring difficult financial times because of the continuing depressed price of crude oil on the world market. This has caused major corporate restructuring and reductions in staff throughout the industry. Because oil exploration must now be done with fewer people under more difficult economic constraints, it is essential that the most effective and efficient procedures be used. Computing Risk for Oil Prospects describes how prospect risk assessment — predicting the distribution of financial gains or losses that may result from the drilling of an exploration well — can be done using objective procedures implemented on personal computers. The procedures include analyses of historical data, interpretation of geological and geophysical data, and financial calculations to yield a spectrum of the possible consequences of decisions. All aspects of petroleum risk assessment are covered, from evaluating regional resources, through delineating an individual prospect, to calculation of the financial consequences of alternative decisions and their possible results. The bottom lines are given both in terms of the probable volumes of oil that may be discovered and the expected monetary returns. Statistical procedures are linked with computer mapping and interpretation algorithms, which feed their results directly into routines for financial analysis. The programs in the included library of computer programs are tailored to fit seamlessly together, and are designed for ease and simplicity of operation. The two diskettes supplied are IBM compatible. Full information on loading is given in Appendix A - Software Installation. Risk I diskette contains data files and executables and Risk 2 diskette contains only executables. The authors contend that the explorationist who develops a prospect should be involved in every facet of its analysis, including risk and financial assessments. This book provides the tools necessary for these tasks.
Publisher: Elsevier
ISBN: 008052950X
Category : Science
Languages : en
Pages : 467
Book Description
The petroleum industry is enduring difficult financial times because of the continuing depressed price of crude oil on the world market. This has caused major corporate restructuring and reductions in staff throughout the industry. Because oil exploration must now be done with fewer people under more difficult economic constraints, it is essential that the most effective and efficient procedures be used. Computing Risk for Oil Prospects describes how prospect risk assessment — predicting the distribution of financial gains or losses that may result from the drilling of an exploration well — can be done using objective procedures implemented on personal computers. The procedures include analyses of historical data, interpretation of geological and geophysical data, and financial calculations to yield a spectrum of the possible consequences of decisions. All aspects of petroleum risk assessment are covered, from evaluating regional resources, through delineating an individual prospect, to calculation of the financial consequences of alternative decisions and their possible results. The bottom lines are given both in terms of the probable volumes of oil that may be discovered and the expected monetary returns. Statistical procedures are linked with computer mapping and interpretation algorithms, which feed their results directly into routines for financial analysis. The programs in the included library of computer programs are tailored to fit seamlessly together, and are designed for ease and simplicity of operation. The two diskettes supplied are IBM compatible. Full information on loading is given in Appendix A - Software Installation. Risk I diskette contains data files and executables and Risk 2 diskette contains only executables. The authors contend that the explorationist who develops a prospect should be involved in every facet of its analysis, including risk and financial assessments. This book provides the tools necessary for these tasks.
Integrated Aquifer Characterization and Modeling for Energy Sustainability
Author: M.R. Fassihi
Publisher: CRC Press
ISBN: 1000802868
Category : Technology & Engineering
Languages : en
Pages : 239
Book Description
The greatest challenge facing humanity today is the transition to a more sustainable energy infrastructure while reducing greenhouse gas emissions. Meeting this challenge will require a diversified array of solutions spanning across multiple industries. One of the solutions rising to the fore is the potential to rapidly build out carbon sequestration, which involves the removal of CO2 from the atmosphere and its storage in the subsurface. Integrated Aquifer Characterization and Modeling for Energy Sustainability: Key Lessons from the Petroleum Industry provides a comprehensive and practical technical guide into the potential that aquifers hold as sites for carbon and energy storage. Aquifers occupy a significant part of the Earth’s available volume in the subsurface and thus hold immense potential as sites for carbon storage. Many aquifers have been studied extensively as part of oil and gas energy development projects and, as such, they represent an opportunity to sequester carbon within existing areas of infrastructure that have already been impacted by, and integrated into, an inherited energy framework. Moreover, future efforts to reconfigure the landscape of our national and global energy systems can extract valuable lessons from this existing trove of data and expertise. From a multidisciplinary perspective, this book provides a valuable and up-to-date overview of how we can draw on the wealth of existing technologies and data deployed by the petroleum industry in the transition to a more sustainable future. Integrated Aquifer Characterization and Modeling for Energy Sustainability will be of value to academic, professional and business audiences who wish to evaluate the potential underground storage of carbon and/or energy, and for policy makers in developing the right policy tools to further the goals of a sustainable energy transition.
Publisher: CRC Press
ISBN: 1000802868
Category : Technology & Engineering
Languages : en
Pages : 239
Book Description
The greatest challenge facing humanity today is the transition to a more sustainable energy infrastructure while reducing greenhouse gas emissions. Meeting this challenge will require a diversified array of solutions spanning across multiple industries. One of the solutions rising to the fore is the potential to rapidly build out carbon sequestration, which involves the removal of CO2 from the atmosphere and its storage in the subsurface. Integrated Aquifer Characterization and Modeling for Energy Sustainability: Key Lessons from the Petroleum Industry provides a comprehensive and practical technical guide into the potential that aquifers hold as sites for carbon and energy storage. Aquifers occupy a significant part of the Earth’s available volume in the subsurface and thus hold immense potential as sites for carbon storage. Many aquifers have been studied extensively as part of oil and gas energy development projects and, as such, they represent an opportunity to sequester carbon within existing areas of infrastructure that have already been impacted by, and integrated into, an inherited energy framework. Moreover, future efforts to reconfigure the landscape of our national and global energy systems can extract valuable lessons from this existing trove of data and expertise. From a multidisciplinary perspective, this book provides a valuable and up-to-date overview of how we can draw on the wealth of existing technologies and data deployed by the petroleum industry in the transition to a more sustainable future. Integrated Aquifer Characterization and Modeling for Energy Sustainability will be of value to academic, professional and business audiences who wish to evaluate the potential underground storage of carbon and/or energy, and for policy makers in developing the right policy tools to further the goals of a sustainable energy transition.
Mineral Property Economics: Energy sources and systems
Author: John M. Campbell
Publisher:
ISBN:
Category : Geology, Economic
Languages : en
Pages : 236
Book Description
Publisher:
ISBN:
Category : Geology, Economic
Languages : en
Pages : 236
Book Description
Petroleum Engineering: Principles, Calculations, and Workflows
Author: Moshood Sanni
Publisher: John Wiley & Sons
ISBN: 1119387949
Category : Science
Languages : en
Pages : 518
Book Description
Ein ausführlicher Praxisleitfaden zu Methoden für die Lösung komplexer Probleme in der Erdöltechnik. In der Erdöltechnik dominieren übergreifende wissenschaftliche und mathematische Prinzipien. Allerdings gibt es immer wieder Lücken zwischen Theorie und praktischer Anwendung. Petroleum Engineering: Principles, Calculations, and Workflows stellt Methoden für die Lösung einer Vielzahl praktischer Probleme in der Erdöltechnik vor. Jedes Kapitel beschäftigt sich mit einer spezifischen Problemstellung, beschreibt Formeln zur Erläuterung der primären Prinzipien dieses Problems und zeigt im Anschluss einfach nachvollziehbare Handreichungen für die praktische Anwendung. Hauptmerkmale dieses Bandes: - Fundierter und integrierter Ansatz für die Lösung inverser Probleme. - Ausführliche Untersuchung der Abläufe, einschließlich Modell- und Parametervalidierung. - Einfache Ansätze für die Lösung komplexer mathematischer Probleme. - Komplexe Berechnungen, die sich mit einfachen Methoden leicht implementieren lassen. - Überblick über wichtige Herangehensweisen, die für die Software- und Anwendungsentwicklung notwendig sind. - Formel- und Modellhandreichungen für die Diagnose, erstmalige Parametermodellierung, Simulation und Regression. Petroleum Engineering: Principles, Calculations, and Workflows ist ein wertvolles Referenzwerk für die Praxis und richtet sich an eine breite Zielgruppe: Geowissenschaftler, Explorationsgeologen und Ingenieure. Dieser zugängliche Leitfaden, ein fundiertes Nachschlagewerk für die Lösung alltäglicher Probleme in der Eröltechnik, eignet sich ebenfalls gut für Studenten im Hauptstudium, Postgraduierte, Berater, Softwareentwickler und Berufspraktiker.
Publisher: John Wiley & Sons
ISBN: 1119387949
Category : Science
Languages : en
Pages : 518
Book Description
Ein ausführlicher Praxisleitfaden zu Methoden für die Lösung komplexer Probleme in der Erdöltechnik. In der Erdöltechnik dominieren übergreifende wissenschaftliche und mathematische Prinzipien. Allerdings gibt es immer wieder Lücken zwischen Theorie und praktischer Anwendung. Petroleum Engineering: Principles, Calculations, and Workflows stellt Methoden für die Lösung einer Vielzahl praktischer Probleme in der Erdöltechnik vor. Jedes Kapitel beschäftigt sich mit einer spezifischen Problemstellung, beschreibt Formeln zur Erläuterung der primären Prinzipien dieses Problems und zeigt im Anschluss einfach nachvollziehbare Handreichungen für die praktische Anwendung. Hauptmerkmale dieses Bandes: - Fundierter und integrierter Ansatz für die Lösung inverser Probleme. - Ausführliche Untersuchung der Abläufe, einschließlich Modell- und Parametervalidierung. - Einfache Ansätze für die Lösung komplexer mathematischer Probleme. - Komplexe Berechnungen, die sich mit einfachen Methoden leicht implementieren lassen. - Überblick über wichtige Herangehensweisen, die für die Software- und Anwendungsentwicklung notwendig sind. - Formel- und Modellhandreichungen für die Diagnose, erstmalige Parametermodellierung, Simulation und Regression. Petroleum Engineering: Principles, Calculations, and Workflows ist ein wertvolles Referenzwerk für die Praxis und richtet sich an eine breite Zielgruppe: Geowissenschaftler, Explorationsgeologen und Ingenieure. Dieser zugängliche Leitfaden, ein fundiertes Nachschlagewerk für die Lösung alltäglicher Probleme in der Eröltechnik, eignet sich ebenfalls gut für Studenten im Hauptstudium, Postgraduierte, Berater, Softwareentwickler und Berufspraktiker.
Standard Handbook of Petroleum and Natural Gas Engineering: Volume 2
Author: William C. Lyons
Publisher: Elsevier
ISBN: 0080541704
Category : Technology & Engineering
Languages : en
Pages : 1087
Book Description
Petroleum engineering now has its own true classic handbook that reflects the profession's status as a mature major engineering discipline. Formerly titled the Practical Petroleum Engineer's Handbook, by Joseph Zaba and W.T. Doherty (editors), this new, completely updated two-volume set is expanded and revised to give petroleum engineers a comprehensive source of industry standards and engineering practices. It is packed with the key, practical information and data that petroleum engineers rely upon daily. The result of a fifteen-year effort, this handbook covers the gamut of oil and gas engineering topics to provide a reliable source of engineering and reference information for analyzing and solving problems. It also reflects the growing role of natural gas in industrial development by integrating natural gas topics throughout both volumes. More than a dozen leading industry experts-academia and industry-contributed to this two-volume set to provide the best , most comprehensive source of petroleum engineering information available.
Publisher: Elsevier
ISBN: 0080541704
Category : Technology & Engineering
Languages : en
Pages : 1087
Book Description
Petroleum engineering now has its own true classic handbook that reflects the profession's status as a mature major engineering discipline. Formerly titled the Practical Petroleum Engineer's Handbook, by Joseph Zaba and W.T. Doherty (editors), this new, completely updated two-volume set is expanded and revised to give petroleum engineers a comprehensive source of industry standards and engineering practices. It is packed with the key, practical information and data that petroleum engineers rely upon daily. The result of a fifteen-year effort, this handbook covers the gamut of oil and gas engineering topics to provide a reliable source of engineering and reference information for analyzing and solving problems. It also reflects the growing role of natural gas in industrial development by integrating natural gas topics throughout both volumes. More than a dozen leading industry experts-academia and industry-contributed to this two-volume set to provide the best , most comprehensive source of petroleum engineering information available.