... Abstract Precedent transaction multiples are often used to estimate the market value of oil and gas assets. The multiples typically used for valuation include production, reserves, and cash flow multiples. Improper application of these multiples can lead to valuation estimates...

... of these matters. Hopefully, it will catalyze some long overdue scrutiny of the conventional methods to better understand their current significance, which in turn will result in a new evaluation paradigm. reservoir surveillance equation fair market value interest rate investment revenue evaluation...

... Abstract This paper presents an examination of fair market value concepts as they pertain to producing petroleum properties. Conventional petroleum economic theories of fair market value are examined in light of recent work on the market value of long-life reserves. Their work is expanded...

...-quantifiable factors is necessary for a comprehensive discussion of the market value of reserves. The price being paid for reserves in todays market certainly suggests that this is where much emphasis is being placed. Strategy within the context of this paper means deliberate planning for the continuation...

... is to turn on the computer and sign and seal the report. wildcat well judgment computer consultant society of petroleum engineers petroleum engineer lose sight market value reservoir upstream oil & gas information presentation committee prospect conclusion analogy knowledge society...

... … 19831987 " prepared for Western Oil and Gas Association , March 7 , 1988 . Diggle , F. J. and David A. : " The Perils of Market Value Averages ," SPE 16841 presented at the 1987 SPE Annual Technical Conference and Exhibition , Dallas , Sept. 27-30 . Gustavson , J. B...

... ABSTRACT Although knowledgeable purchasers buy oil and gas properties at a price to meet hurdle rates of return, there Is a great deal of Interest to both buyer and seller in what the current "market" is for the purchase or sale of properties. Measures of market value for oil and gas properties...

... ABSTRACT Paper traces the guidelines adopted by the Courts by which fair market value of natural gas can be determined. A history of the Natural Gas Industry is discussed with special emphasis on conditions that caused certain factors to be used in market value calculations. Each new factor...