... for permission to use material from this document. sustainable development social responsibility sustainability december 2016 Slusarchuk Medlock valuation ExxonMobil wear band Whitehorse Iran drillpipe renewable project Upstream Oil & Gas emission MacDonald energy source Gardner joel...

... presented at the 2002 SPE Annual Technical Conference and Exhibition, San Antonio, Texas, 29 September-2 October. 1 12 2002 1 12 2002 1 12 2002 1 12 2002 2002. Society of Petroleum Engineers real-option valuation valuation portfolio analysis asset and portfolio management...

... and that many decisions are made by management intuition rather than by measured analytical decision processes. 1 2 2002 1 2 2002 1 2 2002 1 2 2002 2002. Society of Petroleum Engineers portfolio analysis artificial intelligence consolidation new information valuation...

... September-3 October. 1 12 2001 1 12 2001 1 12 2001 1 12 2001 2001. Society of Petroleum Engineers probabilistic economics reserv oir asset management economic evaluation decision tree reserves evaluation probabilistic valuation option period valuation uncertainty...

...Soussan Faiz Summary Various business technologies will distinguish future industry winners. The real-options paradigm is emerging as the state-of-the-art method for asset valuation. The concept of an "efficient frontier" is making headway for portfolio optimization within the energy sector...

...J.B. Gustavson This paper (SPE 60223) was revised for publication from paper 52957, originally presented at the 1999 SPE Hydrocarbon Economics and Evaluation Symposium held in Dallas, 20–23 March. Original manuscript received 1 February 1999. This paper has not been peer reviewed. Summary Valuation...

...John G. Higgins Summary. This paper addresses key aspects in the negotiation of terms for farm-outs based on an initial valuation. The theory is applicable to "development farm-outs" and "net-profit-interest" transactions. The paper links the expenditure commitment, the interest earned, tax relief...

... of Concern to Petroleum Valuation Engineers Compliance with existing regulations is a problem of national scope. The greatest impact, however, is in the older producing areas, where drilling activity predates regulation, particularly in the Appalachian basin, Illinois basin, parts of the Michigan basin...

...W.S. Eggleston Fair-market value has come to have two meanings: one the legal term, and the other the economic or business term. Some authorities contend that fair-market value is exclusively a legal term. However, the terms has been adopted by petroleum economists and valuation engineers...

..., as new funds are constantly being generated which require investment; and new investment opportunities are developing which require funds. In arriving at these investment decisions and in balancing the flow of earnings with the opportunities for investment, the valuation of the proposed investment...

... has been termed "fair market value." In a Delaware court someyears ago an engineer admitted freely on cross-examination that his appraisalwas "an engineering valuation - not a determination of the fair marketvalue. Such so-called "engineering appraisals" are perhaps interesting, and occasionally may...

...Dean H. Sheldon Introduction Those of the oil industry, who are concerned with the earning power of oilproducing properties, visualize a valuation report as a rather stereotypedpresentation of data in a form that engineers use to present the results of ananalysical engineering appraisal...

... and having reasonable knowledge of thefacts. The method of valuation generally used by the institution with which theauthors are associated is the estimation of the present worth of future profitsat that discount rate which it is believed will result in the fair marketvalue. This is often termed...