... SPE Member Abstract Lending to an oil and gas producer requires a fine blend of both credit and technical analyses. The primary asset, and often the only asset is oil and/or gas in the ground. A loan to the producer is dependent on the valuation of these assets. Determination of reserves...

... to recognize this concentration, measure its magnitude and take steps to prevent its creating a problem for the lender and the borrower. Introduction In the practice of financing, the ability to pay the borrowed money back is a primary criteria in lending. In energy lending, this is also true; the wherewith...

... for different banks are compared. The conclusions illustrate the importance of loan coverage and the most sensitive areas to consider in keeping loan to collateral margins satisfactory. The methods banks use to determine the amount they are willing to lend will vary with each bank's experience in energy lending...

... Abstract The agent bank's role in lending to major international petroleum projects requires the melding of technical and financial skills at every step of the way. Since such project lending is evolving rapidly, both engineers and bankers are facing together issues new to both...