Home » Economics of Petroleum Production Volume 2: Value and Worth by Ian Lerche
Economics of Petroleum Production Volume 2: Value and Worth Ian Lerche

Economics of Petroleum Production Volume 2: Value and Worth

Ian Lerche

Published August 1st 2004
ISBN : 9780906522240
Paperback
580 pages
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 About the Book 

Concerned with hydrocarbon production economics, these two volumes dissect the old adage in the oil industry that exploration for hydrocarbons loses money while production of hydrocarbons makes money. Issues explored include how risk should beMoreConcerned with hydrocarbon production economics, these two volumes dissect the old adage in the oil industry that exploration for hydrocarbons loses money while production of hydrocarbons makes money. Issues explored include how risk should be managed and how a given situation can be analyzed so that the chances of obtaining the desired level of profit can be maximized. A significant contribution to the understanding of economic risk management in the context of hydrocarbon production, these texts will be of value to both graduate students studying hydrocarbon production and oil industry professionals involved in economic risk analysis.