... asset and portfolio management financing investment appropriate discount rate capital capital structure Upstream Oil & Gas equity risk premium discount rate earnings Project economics Volatility formula WACC discount rate development society of petroleum engineers smaller company...

... upstream oil & gas investment banker financing net operating income producer dedication debt service interest principal communication budget cashflow gross operating income operating income non-recurring income asset and portfolio management acquisition society of petroleum...

..., with respect to energy lending, bankers are much more risk conscious today than in days past. Borrowers should likewise be more responsible and sensitive in seeking bank financing. The primary risk associated with borrowing in an environment of rapidly fluctuating oil prices is that the cash flow might...

... Chan, S.A., First City Natl. Bank of Houston SPE Member Introduction The independent producer is expected to be, knowledgeable on a wide range of subjects such as administration, geology, law, fund-raising, finance, engineering, negotiations, seismic interpretation, regulatory ruling, tax...

... SPE Members Abstract Project financing has grown in popularity and monetary volume over the last five years, partly because of the budget cut backs in major oil companies, and partly because of the attractive terms offered by the lending institutions. Many companies mistakenly view project...

... Cochran, R.J., Citicorp (U.S.A.) SPE Member Abstract The concentration of assets in hydrocarbon financing is critical in the determination and elimination of risk associated with this form of financing. It is the purpose of this paper to present a method to define this risk, to measure its...

... Introduction This paper is written for the independent operator considering project financing in his operations. What the operator can expect in making these financial arrangements and how project financing compares to other financing methods is discussed. Within the past decade, large...

... objective banking & finance profit plan asset and portfolio management expenditure authorization capital budgeting budget financing capital expenditure independent producer cash budget operation planning activity assumption artificial intelligence payment projection...

...SPE 11664 The Economics of Creative Financing by E.C. Capen, * ARCO Exploration Co., and D.F. Casey, Atlantic Richfield Co. 'Member SPE-AIME SPE Society of PetroIeoJn Engineers of A1M E Copyright 1983, American Institute of Mining, Metallurgical, and Petroleum Engineers, Inc. This paper...

..., i.e. a term loan, a production payment, and a revolving credit/term loan will be discussed. A typical outline for each type of loan is presented. Finally, a comparison of major considerations in the three financing techniques is shown. Introduction The need for additional capital for drilling...

... Introduction There are four main types of Project Financings that are common in the Petroleum Industry and these are: Type I - The Oil and Gas Production Loan Type II - The Carved Out Production Payment Financing Type III - Project Financings Backed By A Guaranty of Completion...

... & Gas financing licence Norway norwegian company current trend capital norwegian continental shelf asset and portfolio management government emphasis Significance Statoil petroleum participation oil industry continental shelf oil and gas SPE 7736 NORWAY, THE DEVELOPMENT...

... project lending can be stated as follows: to compete against other banks to win the agent bank's role in a project financing on the basis of (1) the design of the over-all loan, (2) a pricing arrangement that best trades off the minimum net after tax cost to the client and maximum return to the lending...

... on the established Lake Washington field. Upstream Oil & Gas asset and portfolio management operation financing evaluation Burmah lease communication Reynolds reserves replacement computer program requirement american independent oil co acquisition forecast oil company acquisition oil...

... and, to a lesser extent, development activities of petroleum producers. As a financing form, petroleum producers. As a financing form, although not entirely unique, it is particularly well adapted to the petroleum industry. The programs are able to capitalize on -the various features of the industry to provide...

... Abstract "Project financing" refers to those financings whose source of repayment is limited to the revenue stream generated by a particular development. Companies use project financing to (1) raise capital, (2) project financing to (1) raise capital, (2) reduce financial exposure, and (3...

... government Upstream Oil & Gas quasi-production payment capital spending economics cash flow Banker production payment finance exploration payment gasoline consideration consumer conclusion petroleum industry financing gal production payment forties field Cash Flow Within...

... and our security, while at the same time, the petroleum industry may outstrip its capacity to satisfy its capital needs. Historically, self-financing of the petroleum industry has been trending downward, from petroleum industry has been trending downward, from 95 percent in 1960, to approximately 74...

... transactions. Acquisition and Divestiture stockholder meeting consideration depreciation negotiation financing section 337 purchase price merger Upstream Oil & Gas contract operation stockholder oil and gas asset and portfolio management purchaser allocation production payment...

... or rentals paid or received. Analytical appraisals by the present worth method. Valuations for purposes of state and local taxation and appraisals for court proceedings. P. 52^ US government cash flow interest rate banking & finance Project economics project valuation financing...