ABSTRACT

Revised and updated to reflect major changes in the field, this second edition presents an integrated and balanced view of current attitudes and practices used in sound economic decision-making for engineering problems encountered in the oil industry. The volume contains many problem-solving examples demonstrating how economic analyses are applied

chapter 1|14 pages

World Supply and Demand

chapter 2|7 pages

Structure of the Oil Industry

chapter 30|9 pages

24

chapter |16 pages

OILS AND PRODUCTS COMPOSITION

chapter |12 pages

Fuel Oil

chapter 5|7 pages

Time Value in Capital Expenditures

chapter |15 pages

1l:g

chapter |2 pages

+ it

chapter |6 pages

etc.-that is,

chapter |13 pages

= 1 +

chapter 9|1 pages

Risk, Uncertainty and Decision Analysis

chapter |13 pages

DECISION ANALYSIS

chapter |6 pages

r----------...

chapter 10|18 pages

Break-Even and Sensitivity Analysis

chapter |8 pages

If there are 10,000 m of fence to work

chapter |8 pages

{I, 2,

chapter |6 pages

. " Q

chapter |3 pages

DECLINE CURVE METHODS

chapter 14|2 pages

Oil Fields: Production Operations

chapter |4 pages

'VCASING~ . . ".'

chapter |22 pages

r--"PO

0'-1

chapter 15|13 pages

Oil Transportation

chapter |9 pages

= 320 days x 234,375

chapter |10 pages

wnL ~

chapter 16|16 pages

Crude Oil Processing

chapter |9 pages

1L-__

~ __~ ~~~~----~~~~~~U-----~~~~~~

chapter |7 pages

, prO

chapter |1 pages

= 5.5P -= 5.2P -

chapter |2 pages

+ operating

chapter |4 pages

If the cost of

chapter |8 pages

Profitability Analysis

chapter |19 pages

SUMMARY AND CONCLUSIONS

chapter 2|11 pages

"2%

chapter 2|2 pages

(J>/o

chapter |1 pages

References