... emission reduction investment INTRODUCTION If a gas well has significant gas volumes and low enough fluid volumes of oil or water it may be a candidate for plunger lift. A plunger is a metal cylinder that is available in many configurations and is inserted into the well tubing. The plunger lift...

... dull bit. The integration of the digital feedback loop is built into the bit product development process and application specific cutter and design selection workflows. This integration minimizes forensic dull evaluation time investment to the point where data is collected, processed, and uploaded...

... years before the present value flags the inversion. Recognizing the cash shortfall – which can occur surprisingly early when liabilities are allowed to accumulate – can fundamentally change the way the investment is viewed, valued, and managed. Planning, therefore, requires new economic yardsticks...

... to the significant investment and high uncertainties of technology, market, and policy. Therefore, identifying potential bottlenecks, and developing effective investment strategies are of great necessity at present. In this work, a real option approach combined with reservoir simulation technologies is proposed...

... fiscal system specifies a cost recovery option and profit oil split unlike the concessionary petroleum fiscal system that allows the contractor to recoup his capital before payment of tax. This tends to increase the risk associated with the host government revenue as investment in the production...

... this requirement for change are the existing investments and cash flows resulting from the core ‘conventional’ business opportunities, that while potentially carbon heavy generate the cashflows needed to sustain and grow the business. Our work with several major energy firms has shown that assumptions...

... Abstract Along with the maturation of main oil exploration and production (E&P) areas in the world, the industry has started to seek for new investment opportunities that have been considered unattractive so far. Among such opportunities might be small oil fields, whose low resource base...

... and shale reservoirs are high and consequently also very costly. How can the maximum value be extracted from the investment? The investment in 3D seismic for conventional and unconventionalreservoirs must be carefully weighed against the economic benefits. We propose a simple method to evaluate...

... equations using finite differences methods. For illustration purposes, the proposed approach is applied to a hypothetical field with an exponential decay production curve. We compare the impact of government incentives for both the prospect value and the optimal investment rule. As observed...

... country economic reform China Energy Economics supply and demand forecasting Upstream Oil & Gas energy price Saudi Arabia petroleum sensitive country sustainable development LNG low oil price vulnerability energy pricing reform oil price indonesia budget investment assessment Russia...

... Using NPV as objective-function; Using RF as objective-function; Using NPV as OF until Step 1.3, and RF from Step 1.4 onwards. One important point to highlight is that until Step 1.3, the investments vary in each simulation run, since the investments necessary to be made...

...) is not used for energy production but injected to the pipelines. Still, 26 projects (according to GMI 2010 ) in the second biggest coal-producing country is not satisfactory. Present low prices of natural gas do not encourage to invest in market niche such as AMM . However, global transition to Renewable...

... the resource recovery of the field and the capital investment. The second one grants an operational flexibility for field abandonment The methodology was applied to an offshore gas field in the northern part of Peruvian coastline, an area with scarce gas resource developments and limited offshore hydrocarbon...

... NOC's initial focus has been on securing assets in the onshore regions of the Niger Delta, for NOC to continue to deliver value to her shareholder the company has invested heavily in capital projects ranging from gas processing, water treatment plant for produce water disposal and associated gas...

... Abstract An energy producer must determine optimal energy investment strategies in order to maximize the value of its energy portfolio. Determining optimal energy investment strategies is challenging. One of the main challenges is the large uncertainty in many of the parameters involved...

... to develop mature fields when oil price was under 30 USD/bbl. Through conversion, the investment of using this EOR method to develop mature fields for 1 million tons of productivity was 488.7 million USD, while the investment of developing conventional new area and untouched tight shale oil reservoir...

... of Return (IRR), Profitability Index (PI), and Take statistics are incorporated to evaluate investment performance. Sensitivity simulation approach is also incorporated to investigate its impact on decision variables. The overall aim is mitigating associated economic and technical risks in the highly risky...

... and downstream business segments and cooperation between multiple parties from the Government of Iraq (GoI) and the field operator contractor consortiums in Iraq. Some of the main challenges that the Iraq Oil & Gas industry faces today are lower commodity prices impacting the availability of investment...

... during the past century. They are among the most valuable depletable global resources. The energy market has witnessed many oil price shocks during the past several decades. Such instabilities have impacted the global oil and gas industry in ways that have included disruption of investment...

... lead time discovery size flexibility investment value creation strategic insight discovery basin average discovery size Exploration Result annual value creation conventional exploration Explorer Portfolio Approach complexity unconventional exploration society of petroleum engineers...