... system embedded in it. The cost recovery option and oil price in the model were varied between 0-100% and $20-$100 per barrel. The NCF, IRR and payout period of the investment were determined. It was observed that the lower the cost recovery option, the higher the host government revenue. From...

.... Improved horizontal drilling, completion technologies and the underpinning of engineering advancements were major contributing factors. The crude oil price has continued to fall since mid-2014, and has dropped from $106 per barrel. This paper examines the supply and demand of the future workforce...

... opportunities (a large and a small prospect). They conclude that the economy of a small discovery is especially sensitive to assumptions that are used for modelling the oil price and discount rate. Acknowledging the importance of the information generated by the production experience for a small field...

... Upstream Oil & Gas Demonstration Program full field development decision tree learning information threshold machine learning complex reservoir Demonstration completion cost probability society of petroleum engineers oil price demonstration effectiveness break-even threshold...

... forecasting underperformance actual production Upstream Oil & Gas forecaster production shortfall shortfall delusion mean forecast forecast percentile operator norwegian petroleum directorate reserves evaluation oil price sensitivity analysis society of petroleum engineers overconfident...

..., the industry was plagued with a declining oil price, which made it even more challenging. However, given the successful implementation and execution of this project, the official IIWR program was born to improve the efficiency of how projects are executed within the scope of well intervention. The overall...

... in oil supply caused skyrocketed increase in oil price. In fact, this crisis was inspirational to several countries to adapt new strategies to seek economic independence from external OPEC controlling power of oil price. Accordingly, this crisis created incentives for the US and other non-OPEC countries...

... is designed to be maintained over the life of field, incorporating changes in production profile, new wells, improvements in reliability and oil price fluctuations that will dictate optimal spares holdings. Statement of Theory and Definitions A spares philosophy defines a high level guiding principle...

.... Bukhari and Jablonowski (2012) studied the effect of oil prices uncertainty on the optimum allocation of oil production from multiple fields with different crude oil types. Mohaddes (2012) estimated the oil terminal price (price of oil at time of depletion) in addition to its cost and used these data...

... incremental due to few injection amount. The total input for every case includes injection facility cost, chemical cost, injection operation cost, etc. Based on the cumulative oil incremental for every case and the total input, the cost per oil incremental can be calculated. The oil price can be set as 30...

.... Discounted Cash Flow (DCF) model framework adopted in this paper; is used to evaluate and investigate the impacts of volatility of oil price on oil and gas development economics using conventional, linear and logarithmic scales' fiscal policy schemes. Economic performance indicators such as Internal Rate...

... valuation estimation european option resource in place estimate geometric brownian motion situche central field decline curve analysis equation reserves evaluation green field application oil price deadline field development optimization and planning Volatility asset value project valuation...

... bidding parameter and subsequent rent extraction instrument. The uncertainty in oil prices and its plummeting trend – plausibly discouraging exploration and exploitation of the not-easy-to-find hydrocarbons – requires progressive royalty schemes to create an equitable performance outcomes for all...

... sequestration subsidy operator Scenario co 2 fraction reservoir model cumulative oil production injection fraction oil price enhanced oil recovery Fluid Dynamics sensitivity leach optimal co 2 Oil Recovery Introduction Geologic sequestration has been proposed as a possible way to reduce CO...

... in duration than the typical business cycle, defined as 2-8 years. The purpose of this paper is to address the question: is there evidence of super cycles in crude oil prices? Our approach to the empirical question posed in the title applies the asymmetric Christiano-Fitzgerald band-pass filter to real crude...

... reservoir horizontal drilling rig count high commodity price oil price barnett shale base case austin chalk Introduction Advances in technology and better economics have supported the exploitation of unconventional reservoirs in the United States. The concept of the energy resource triangle...

... results. Well parameters are set on the axes of the map. Maximum (optimum) NPV for each lift technique is put on the map. Influence of significant parameters (like oil price) uncertainty AL selection is shown. oil price reservoir surveillance vankor field production monitoring pvt measurement...

... the largest oil shale resources in the world, in excess of 6 trillion barrels. Potential U.S. oil shale reserves could exceed 800 billion barrels, depending on oil price. New technologies may soon enable these resources to be produced efficiently and economically. Recently, increased oil demand, tightening...

... to both public and private uncertainties. Public uncertainty is assumed to depend on oil price fluctuations and is accounted for in the risk-neutral valuation scheme, whereas private uncertainty is assumed to be due to uncertainty in production profile and is estimated based on expert judgments...

... development policy (lease sale guidelines). strategic planning and management asset and portfolio management Artificial Intelligence project management ownership transaction cost multiparty jv industry maturation rights oil price control rights knowledge project execution time machine...