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SPE Economics & Management


SPE Economics & Management covers resource and reserve evaluation, portfolio/asset management, project valuation, uncertainty/risk assessment, benchmarking and performance indicators, information management, digital energy and petroleum economics.


SPE Technical Publications Staff
Senior Manager, Technical Publications: Rebekah Stacha
Editorial Services Manager: Jane Eden
Peer Review Administrator: Stacie Hughes
Staff Editor: Judith Martis

SPE ECONOMICS & MANAGEMENT (ISSN 2150-1173) is published in January, April, July, and October by the Society of Petroleum Engineers, 222 Palisades Creek Drive, Richardson, TX 75080 USA. Subscriptions: USD 50/yr (members), USD 150/yr (nonmembers). To subscribe, go to www.spe.org/journals.

Editorial Policy: SPE encourages open and objective discussion of technical and professional subjects pertinent to the interests of the Society in its publications. SPE publications shall contain no judgmental remarks or opinions as to the technical competence, personal character, or motivations of any individual, company, or group. Any material that, in the publisher’s opinion, does not meet the standards for objectivity, pertinence, and professional tone will be returned to the contributor with a request for revision before publication.

Manuscript Submission: Author instructions available at http://www.spe.org or upon request. Submit manuscripts to http://mc.manuscriptcentral.com/speem.

SPE Publications: SPE is not responsible for any statement made or opinions expressed in its publications, including the Journal of Petroleum Technology, Journal of Canadian Petroleum Technology, Oil and Gas Facilities, SPE Drilling & Completion, SPE Economics & Management, SPE Journal, SPE Production & Operations, and SPE Reservoir Evaluation & Engineering.

Copyright and Use: The Society of Petroleum Engineers grants permission to make up to five copies of any article in this journal to which it holds copyright (as designated by copyright statement on the first page of the article). This permission is in addition to copying rights granted by law as fair use or library use. For copying beyond that provided by law or the above permission, libraries and other users should contact the Copyright Clearance Center (CCC), 222 Rosewood Drive, Danvers, Massachusetts 01923, USA or write SPE Customer Service Dept. at SPE Dallas to obtain permission to make more than five copies or for any other special use of copyrighted material in this journal. The above permission notwithstanding, SPE does not waive its right as copyright holder under the U.S. Copyright Act. Permission to reproduce articles for commercial use is restricted to an abstract of no more than 300 words. Illustrations may not be reproduced for such use; abstracts may not be included in commercial electronic products/publications without the express written permission of the Society of Petroleum Engineers Inc. The abstract should contain conspicuous acknowledgment of SPE copyright. Contact SPE, P.O. Box 833836, Richardson, Texas 75083-3836, USA, fax 01.972.952.9435. Printed copies of recent SPE papers are available from OnePetro.

SPE Offices: Americas, 222 Palisades Creek Dr., Richardson, TX 75080-2040, USA, phone 01.972.952.9393, fax 01.972.952.9435. Houston, 10777 Westheimer Rd., Suite 1075, Houston, TX 77042, USA, phone 01.713.779.9595, fax 01.713.779.4216. Asia Pacific, Level 35, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur, Malaysia, phone 60.3.2182.3000, fax 60.3.2182.3030. Europe, Russia, Caspian and Sub-Saharan Africa, First Floor, Threeways House, 40/44 Clipstone Street, London W1W 5DW UK, phone 44.20.7299.3300, fax 44.20.7299.3309. Moscow, Perunovskiy pereulok 3 Bld. 2, Moscow Russia, 127055, phone 7.495.2680454. Middle East, North Africa, and South Asia, P.O. Box 215959, Dubai, UAE, phone 971.4.457.5800, fax 971.4.457.3164. Canada, 1410, 715 5th Ave SE, Calgary, AB T2P 2X6 Canada, phone 01.403-930-5454, fax 01.403-930-5470.

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