... cases are presented that involve parts of real problems to demonstrate the regulatory impact on operation and development of petroleum properties. Those who purchase or appraise producing properties should apprise themselves of potential new business Costs and ensure that economic projections reflect...

.... Cawthon, Jr., R. J. Dobson, C. R. Dodson, Robert B. Gilmore and Harold Vance. Standard Impractical The type of work performed by an appraisal engineerfor a client is determined by the requirements of the clientand by the possible requirements of third parties to whomthe client or his successors may make...

.... Various factors not encompassed by the engineering appraisal affect these prices, including finding costs, refinery needs, refining and marketing profits, geographic location of properties, tax position of purchaser, rate of return sought, purchases by groups, management philosophy, type of purchase...

...Bob T.H. Hulsey Introduction Since 1955, The Chase Manhattan Bank has headed financing of over $1 billion for oil and gas property acquisitions. Of these transactions, 25 have been analyzed in detail and the results of the study are shown in Fig. 1. Factors often associated by appraisers...

...Ralph E. Davis; Eugene A. Stephenson The appraisal of natural gas properties is a complex problem affected bymany non-engineering factors. Attention will be brought here to the moreimportant matters that influence value of such properties, such as thenecessity of competent estimates of reserves...