... from modern asset pricing methodologies. Attitudes to Corporate Survival and the availability of reinvestment opportunities are cornerstones in the analysis. A by-product of this process are some important observations on the volatility of oil prices. The complexity of ‘rear problems...

... Maximum exposure market oil price, gas price oil quality, gas quality range of reserves & well productivities Mean reserves & well productivities Payback from discovery well Payback from start of the exploration business Pre tax Cash Surplus After tax Cash Surplus...

... contractorship flexibility gno oil company upstream oil & gas golar-nor offshore subsea system floating production system contract availability mechanism information production contractor society of petroleum engineers water depth regularity spe 28186 oil price reservoir General...

... the successful and growing companies of the future. spe 28194 british gas infrastructure transportation system investment asset and portfolio management oil price upstream oil & gas lng pence therm gas industry contract society of petroleum engineers exploration competition gas...

... Abstract Fluctuations in oil price has undoubtedly affected development project timing in the last decade. Within the last year some 25 fields in the UK have been delayed by at least one year following a reduction in estimates of long term oil price. The paper derives relationships between...

... ABSTRACT This paper looks at the problems facing the international oil explorationist and host Governments in 1992, under a cloud of low oil prices and falling company profits, yet with more quality acreage available worldwide than for many years, especially with the emergence of the CIS states...

..., reservoir management, tax planning and where appropriate facility purchase, leasing, or sale and leaseback decisions. rollover relief variation abandonment reusable facility rar service company drillstem testing prt rollover relief upstream oil & gas development cost oil price drillstem...

... framework for analysis and it is in this context that disposals are discussed. oil price transaction competition exploration line management society of petroleum engineers customer disposal process negotiation evolution bpx competitive advantage upstream oil & gas disposal team...

... of the acquirer to realize value are investigated. It is argued, that the ‘premium’ ascribed to acquisitions in the UKCS is declining over time. oil price reserve replacement market analysis exploration transaction realize value reserve acquisition tax synergy society of petroleum engineers...