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fundamentals of oil and gas accounting: Fundamentals of Oil and Gas Accounting Charlotte J. Wright, Rebecca A. Gallun, 2008 |
fundamentals of oil and gas accounting: Fundamentals of Oil and Gas Accounting Rebecca A. Gallun, Linda M. Nichols, Charlotte J. Wright, 2001 |
fundamentals of oil and gas accounting: Fundamentals of Oil and Gas Accounting , 1986 |
fundamentals of oil and gas accounting: Fundamentals of Oil & Gas Accounting Rebecca A. Gallun, 2001 |
fundamentals of oil and gas accounting: Fundamentals of Oil and Gas Accounting Rebecca A. Gallun, John W. Stevenson, 1983 |
fundamentals of oil and gas accounting: Fundamentals of Oil & Gas Accounting Rebecca A. Gallun, John W. Stevenson, Linda M. Nichols, 1993 Detailed and expanded to accommodate changes in the oil and gas industry, this text is suitable for both industry and academic mediums. The new international chapter is an overview of current international oil and gas accounting and the problems that companies face in accounting for international operations. The new pipeline accounting chapter deals with accounting under the FERC rules as contrasted with GAAP accounting. |
fundamentals of oil and gas accounting: Petroleum Accounting Dennis Jennings, John Brady, Rich Shappard, Craig Friou, 2020-06-30 This new edition covers many significant changes impacting the petroleum industry including important updates such as current industry practice issues from a proprietary survey conducted by the Institute of Petroleum Accounting, and practical guidance on new standards of revenue recognition, joint arrangements, consolidated financial statements, and disclosure of interests in other entities which are of critical importance to those involved or interested in the petroleum industry.New chapters covering midstream operations, master limited partnerships, and SEC considerations have been added. The updated text will also address numerous operational issues that continue to evolve with the demand for capital, inherent industry risks, and the impacts of product price fluctuation. |
fundamentals of oil and gas accounting: Introduction to Oil Company Financial Analysis David Johnston, Daniel Johnston, 2006 Offering a clear explanation of financial statements with a practical approach to the analysis of an oil company, this introduction contains tables, figures, and worksheets, and examples of analysis of virtually every aspect of an oil company are provided in detail. Financial quick-look techniques, rules of thumb, commentary, and a glossary are included. |
fundamentals of oil and gas accounting: Principles and Theory of Oil and Gas Accounting U. E. Etowa, J. O. Udoayang, 2017-07-17 Principles and Theory of Oil and Gas Accounting (First Edition) is a textbook on Oil and Gas Accounting covering the Principles, Theory and practical Applications of Oil and Gas Accounting in Oil and Gas operating Companies around the World. Emergence of this book Principles and Theory of Oil and Gas Accounting is as a result of our training in B. Sc, M. Sc Accounting and our various researches in the field of Oil and Gas Accounting during our Ph.D research works and our practical experience gained through consultancy services in Oil and Gas related Companies. Oil and Gas Accounting is a relatively new area in conventional Accounting studies. Although, Oil and Gas prospecting, exploration, development and production dates back to 1950s in Nigeria and about 1830s in United States of America and other Countries in the World. This book's main objectives are to contribute to knowledge and to promote further research in Accountancy studies. |
fundamentals of oil and gas accounting: Fundamentals of Petroleum Refining Mohamed A. Fahim, Taher A. Al-Sahhaf, Amal Elkilani, 2009-11-19 Fundamentals of Petroleum Refining presents the fundamentals of thermodynamics and kinetics, and it explains the scientific background essential for understanding refinery operations. The text also provides a detailed introduction to refinery engineering topics, ranging from the basic principles and unit operations to overall refinery economics. The book covers important topics, such as clean fuels, gasification, biofuels, and environmental impact of refining, which are not commonly discussed in most refinery textbooks. Throughout the source, problem sets and examples are given to help the reader practice and apply the fundamental principles of refining. Chapters 1-10 can be used as core materials for teaching undergraduate courses. The first two chapters present an introduction to the petroleum refining industry and then focus on feedstocks and products. Thermophysical properties of crude oils and petroleum fractions, including processes of atmospheric and vacuum distillations, are discussed in Chapters 3 and 4. Conversion processes, product blending, and alkylation are covered in chapters 5-10. The remaining chapters discuss hydrogen production, clean fuel production, refining economics and safety, acid gas treatment and removal, and methods for environmental and effluent treatments. This source can serve both professionals and students (on undergraduate and graduate levels) of Chemical and Petroleum Engineering, Chemistry, and Chemical Technology. Beginners in the engineering field, specifically in the oil and gas industry, may also find this book invaluable. - Provides balanced coverage of fundamental and operational topics - Includes spreadsheets and process simulators for showing trends and simulation case studies - Relates processing to planning and management to give an integrated picture of refining |
fundamentals of oil and gas accounting: Oil & Gas Accounting Steven M Bragg, 2018-04-28 Oil and gas operations have some of the most unique accounting issues found in any industry. Oil & Gas Accounting delves into acquisition, exploration, development, and production activities, covering many industry-specific accounting issues. Topics covered include the successful efforts method, full cost method, reserve reporting, the unit of production method, severance taxes, take-or-pay arrangements, transfers of mineral interests, and joint interest accounting, as well as industry-specific controls that should be installed. In short, this is the essential oil and gas desk reference for the accountant. |
fundamentals of oil and gas accounting: International Petroleum Accounting Charlotte J. Wright, 2019 This book illustrates various aspects of accounting in international petroleum operations. The authors discuss and illustrate international petroleum contracts and related contract accounting issues that arise and contrast U.S. accounting standards with those of other countries which are likely to be applicable to companies operating in international settings. Also included are discussions of petroleum tax regimes encountered around the world-- |
fundamentals of oil and gas accounting: Fundamentals of Enhanced Oil Recovery Methods for Unconventional Oil Reservoirs Dheiaa Alfarge, Mingzhen Wei, Baojun Bai, 2020-09-09 Fundamentals of Enhanced Oil Recovery Methods for Unconventional Oil Reservoirs, Volume 67 provides important guidance on which EOR methods work in shale and tight oil reservoirs. This book helps readers learn the main fluid and rock properties of shale and tight reservoirs—which are the main target for EOR techniques—and understand the physical and chemical mechanisms for the injected EOR fluids to enhance oil recovery in shale and tight oil reservoirs. The book explains the effects of complex hydraulic fractures and natural fractures on the performance of each EOR technique. The book describes the parameters affecting obtained oil recovery by injecting different EOR methods in both the microscopic and macroscopic levels of ULR. This book also provides proxy models to associate the functionality of the improved oil recovery by injecting different EOR methods with different operating parameters, rock, and fluid properties. The book provides profesasionals working in the petroleum industry the know-how to conduct a successful project for different EOR methods in shale plays, while it also helps academics and students in understanding the basics and principles that make the performance of EOR methods so different in conventional reservoirs and unconventional formations. - Provides a general workflow for how to conduct a successful project for different EOR methods in these shale plays - Provides general guidelines for how to select the best EOR method according to the reservoir characteristics and wells stimulation criteria - Explains the basics and principles that make the performance of EOR methods so different in conventional reservoirs versus unconventional formations |
fundamentals of oil and gas accounting: Oil and Gas Performance Analysis James Tague, 2019 Operating Expenses, Cash Flow, Finding and Development Costs, Return on Capital Employed are but a few of the hundreds of measurements and metrics used to analyze performance in the oil and gas industry. From individual wells to entire portfolios, performance analysis is used to make decisions throughout an organization. Unfortunately, performance analysis is generally conducted in the higher echelons of an oil and gas company, and thus its value in creating actionable information at the field level is generally lost. This book seeks to bridge this gap by introducing the basic concepts of oil and gas performance analysis. Features and Benefits A common sense methodology that will keep any performance analysis focused, on point and capable of providing useful and actionable information An introduction to the myriad of data sources used in performance analysis including lease operating statements (LOS reports), reserve reports and financial statements An introduction to the most relevant performance metrics used in oil and gas performance analysis including production and cost metrics, reserves, cash flow, and other financial metrics How to analyze, interpret, and evaluate the performance of individual fields, portfolios and overall company performance Audience Field level personnel Management Engineers Energy lending and finance professionals Anyone who seeks to understand how, or relies upon, performance analysis |
fundamentals of oil and gas accounting: Oil and Gas Production Handbook: An Introduction to Oil and Gas Production Havard Devold, 2013 |
fundamentals of oil and gas accounting: Petroleum Accounting Horace R. Brock, John P. Klingstedt, Donald M. Jones, 1992-02-01 PETROLEUM ACCOUNTING has earned a reputation as a textbook written in clear terms for all ranges of experience. Since its inception, this textbook has provided petroleum industry professionals with comprehensive coverage of oil & gas accounting. Updated as necessary, PETROLEUM ACCOUNTING remains an important tool in the petroleum accountant's library. In a single volume, the reader will find essential information to understand the intricacies of petroleum accounting. The textbook begins with the basics & continues through the complexities of accounting & reporting. PETROLEUM ACCOUNTING is organized in a straightforward manner & provides concise, to-the-point presentation of material. It features illustrations, examples, copies of oil & gas lease contracts, joint operating agreements, & joint interest accounting procedures. Other major additions & revisions include economics & statistics of the oil & gas industry, standardized measure disclosures, the ceiling test problem for companies using the successful efforts method, spot gas sales, an enlarged chapter on partnership accounting, accounting for reclamation & restoration costs, updated full cost accounting, & analysis of new deferred tax accounting rules. |
fundamentals of oil and gas accounting: Nontechnical Guide to Petroleum Geology, Exploration, Drilling, and Production Norman J. Hyne, 1995 Used by corporate training departments and colleges worldwide, this is the most complete upstream guide available. Contents: The nature of gas and oil The Earth's crust - where we find time Deformation of sedimentary rocks Sandstone reservoir rocks Carbonate reservoir rocks Sedimentary rock distribution Mapping Ocean environment and plate tectonics Source rocks, generation, migration, and accumilation of petroleum Petroleum traps Petroleum exploration - geological and geochemical Petroleum exploration - geophysical Drilling preliminaries Drilling a well - the mechanics Drilling problems Drilling techniques Evaluating a well Completing a well Surface treatment and storage Offshore drilling and production Workover Reservoir mechanics Petroleum production Reserves Improved oil recovery. |
fundamentals of oil and gas accounting: Oil & Gas Accounting Steven M Bragg, 2021-04-21 Oil and gas operations have some of the most unique accounting issues found in any industry. Oil & Gas Accounting delves into acquisition, exploration, development, and production activities, covering many industry-specific accounting issues. Topics covered include the successful efforts method, full cost method, reserve reporting, the unit of production method, severance taxes, take-or-pay arrangements, transfers of mineral interests, and joint interest accounting, as well as industry-specific controls that should be installed. In short, this book is the essential oil and gas desk reference for the accountant. |
fundamentals of oil and gas accounting: Introduction to Petroleum Seismology, second edition Luc T. Ikelle , Lasse Amundsen, 2018-03-26 Introduction to Petroleum Seismology, second edition (SEG Investigations in Geophysics Series No. 12) provides the theoretical and practical foundation for tackling present and future challenges of petroleum seismology especially those related to seismic survey designs, seismic data acquisition, seismic and EM modeling, seismic imaging, microseismicity, and reservoir characterization and monitoring. All of the chapters from the first edition have been improved and/or expanded. In addition, twelve new chapters have been added. These new chapters expand topics which were only alluded to in the first edition: sparsity representation, sparsity and nonlinear optimization, near-simultaneous multiple-shooting acquisition and processing, nonuniform wavefield sampling, automated modeling, elastic-electromagnetic mathematical equivalences, and microseismicity in the context of hydraulic fracturing. Another major modification in this edition is that each chapter contains analytical problems as well as computational problems. These problems include MatLab codes, which may help readers improve their understanding of and intuition about these materials. The comprehensiveness of this book makes it a suitable text for undergraduate and graduate courses that target geophysicists and engineers as well as a guide and reference work for researchers and professionals in academia and in the petroleum industry. |
fundamentals of oil and gas accounting: The Global Oil and Gas Industry Andrew C. Inkpen, 2016 |
fundamentals of oil and gas accounting: Petroleum Production Engineering Boyun Guo, Xinghui Liu, Xuehao Tan, 2017-02-10 Petroleum Production Engineering, Second Edition, updates both the new and veteran engineer on how to employ day-to-day production fundamentals to solve real-world challenges with modern technology. Enhanced to include equations and references with today's more complex systems, such as working with horizontal wells, workovers, and an entire new section of chapters dedicated to flow assurance, this go-to reference remains the most all-inclusive source for answering all upstream and midstream production issues. Completely updated with five sections covering the entire production spectrum, including well productivity, equipment and facilities, well stimulation and workover, artificial lift methods, and flow assurance, this updated edition continues to deliver the most practical applied production techniques, answers, and methods for today's production engineer and manager. In addition, updated Excel spreadsheets that cover the most critical production equations from the book are included for download. - Updated to cover today's critical production challenges, such as flow assurance, horizontal and multi-lateral wells, and workovers - Guides users from theory to practical application with the help of over 50 online Excel spreadsheets that contain basic production equations, such as gas lift potential, multilateral gas well deliverability, and production forecasting - Delivers an all-inclusive product with real-world answers for training or quick look up solutions for the entire petroleum production spectrum |
fundamentals of oil and gas accounting: Project Finance for the International Petroleum Industry Robert Clews, 2016-04-07 This overview of project finance for the oil and gas industry covers financial markets, sources and providers of finance, financial structures, and capital raising processes. About US$300 billion of project finance debt is raised annually across several capital intensive sectors—including oil and gas, energy, infrastructure, and mining—and the oil and gas industry represents around 30% of the global project finance market. With over 25 year's project finance experience in international banking and industry, author Robert Clews explores project finance techniques and their effectiveness in the petroleum industry. He highlights the petroleum industry players, risks, economics, and commercial/legal arrangements. With petroleum industry projects representing amongst the largest industrial activities in the world, this book ties together concepts and tools through real examples and aims to ensure that project finance will continue to play a central role in bringing together investors and lenders to finance these ventures. - Combines the theory and practice of raising long-term funding for capital intensive projects with insights about the appeal of project finance to the international oil and gas industry - Includes case studies and examples covering projects in the Arctic, East Africa, Latin America, North America, and Australia - Emphasizes the full downstream value chain of the industry instead of limiting itself to upstream and pipeline project financing - Highlights petroleum industry players, risks, economics, and commercial and legal arrangements |
fundamentals of oil and gas accounting: Applied Petroleum Geomechanics Test Test, 2019-06-15 Applied Petroleum Geomechanics provides a bridge between theory and practice as a daily use reference that contains direct industry applications. Going beyond the basic fundamentals of rock properties, this guide covers critical field and lab tests, along with interpretations from actual drilling operations and worldwide case studies, including abnormal formation pressures from many major petroleum basins. Rounding out with borehole stability solutions and the geomechanics surrounding hydraulic fracturing and unconventional reservoirs, this comprehensive resource gives petroleum engineers a much-needed guide on how to tackle today's advanced oil and gas operations. - Presents methods in formation evaluation and the most recent advancements in the area, including tools, techniques and success stories - Bridges the gap between theory of rock mechanics and practical oil and gas applications - Helps readers understand pore pressure calculations and predictions that are critical to shale and hydraulic activity |
fundamentals of oil and gas accounting: Fundamentals of Reservoir Engineering L.P. Dake, 1983-01-01 This book is fast becoming the standard text in its field, wrote a reviewer in the Journal of Canadian Petroleum Technology soon after the first appearance of Dake's book. This prediction quickly came true: it has become the standard text and has been reprinted many times. The author's aim - to provide students and teachers with a coherent account of the basic physics of reservoir engineering - has been most successfully achieved. No prior knowledge of reservoir engineering is necessary. The material is dealt with in a concise, unified and applied manner, and only the simplest and most straightforward mathematical techniques are used. This low-priced paperback edition will continue to be an invaluable teaching aid for years to come. |
fundamentals of oil and gas accounting: The Properties of Petroleum Fluids William D. McCain, 1990 This edition expands its scope as a conveniently arranged petroleum fluids reference book for the practicing petroleum engineer and an authoritative college text. |
fundamentals of oil and gas accounting: Financial Accounting Simeon Spiteri, 2020-05 This book will appeal to individuals interested in developing their knowledge in financial accounting, including students sitting the Edexcel London exams, entrepreneurs and managers. It explains the process of recording transactions in depth by considering value added tax. The book adopts a practical approach, and highlights the main documents that lead to business transactions, while also describing accounting controls like bank reconciliation. In addition, the text addresses the main features and final accounts of different enterprises like sole trader, partnership, clubs and companies. Questions are provided at the end of each chapter in order to help the reader understand the main techniques shown here. |
fundamentals of oil and gas accounting: The Greenhouse Gas Protocol , 2004 The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions. |
fundamentals of oil and gas accounting: The End of Accounting and the Path Forward for Investors and Managers Baruch Lev, Feng Gu, 2016-06-14 An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution—the Value Creation Report—and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation. |
fundamentals of oil and gas accounting: Trading in Oil Futures and Options Sally Clubley, 1998-10-15 Trading in Oil Futures and Options, thoroughly revised and updated, provides practical advice on when to make the decision to use futures; choosing a broker; and the mechanics of futures trading. This new edition has been extended to include all oil market trading instruments, and also gas and electricity derivatives. Updates the only comprehensive guide to oil futures and options Presents an international outlook on the topic Features a chapter on technical analysis and an appendix on the costs of futures trading |
fundamentals of oil and gas accounting: Oil to Cash Todd Moss, Caroline Lambert, Stephanie Majerowicz, 2015-06-10 Oil to Cash explores one option to help countries with new oil revenue avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. Oil to Cash details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska. |
fundamentals of oil and gas accounting: Unconventional Reservoir Rate-Transient Analysis Christopher R. Clarkson, 2021-06-15 Unconventional Reservoir Rate-Transient Analysis provides petroleum engineers and geoscientists with the first comprehensive review of rate-transient analysis (RTA) methods as applied to unconventional reservoirs. Volume One—Fundamentals, Analysis Methods, and Workflow is comprised of five chapters which address key concepts and analysis methods used in RTA. This volume overviews the fundamentals of RTA, as applied to low-permeability oil and gas reservoirs exhibiting simple reservoir and fluid characteristics.Volume Two—Application to Complex Reservoirs, Exploration and Development is comprised of four chapters that demonstrate how RTA can be applied to coalbed methane reservoirs, shale gas reservoirs, and low-permeability/shale reservoirs exhibiting complex behavior such as multiphase flow. Use of RTA to assist exploration and development programs in unconventional reservoirs is also demonstrated. This book will serve as a critical guide for students, academics, and industry professionals interested in applying RTA methods to unconventional reservoirs. - Gain a comprehensive review of key concepts and analysis methods used in modern rate-transient analysis (RTA) as applied to low-permeability (tight) oil and gas reservoirs - Improve your RTA methods by providing reservoir/hydraulic fracture properties and hydrocarbon-in-place estimates for unconventional gas and light oil reservoirs exhibiting complex reservoir behaviors - Understand the provision of a workflow for confident application of RTA to unconventional reservoirs |
fundamentals of oil and gas accounting: Fundamentals of Trading Energy Futures & Options Steven Errera, Stewart L. Brown, 2002 In today's changing political and economic environment, it is increasingly important that companies learn to properly use the various trading instruments to protect themselves against price volatility. Since the first successful energy futures contract was introduced almost a quarter century ago, trading in energy futures and options has played an important role in hedging against fluctuations in the price of petroleum products, crude oil, natural gas, propane, electricity, and most recently, coal. In this 2nd edition of their best-selling primer, authors Errera and Brown explain how exchange traded futures and options markets work, and how companies can successfully use the markets in their overall strategy to increase profitability. They cover everything from market mechanics, hedging, spread trading, and technical trading to history and growth of the markets. Also included is an extensive appendix detailing contract specifications for 13 energy futures/options contracts. BONUS: A summary of the rules of the most active energy futures and options contracts is included! |
fundamentals of oil and gas accounting: PVT and Phase Behaviour Of Petroleum Reservoir Fluids Ali Danesh, 1998-05-07 This book on PVT and Phase Behaviour Of Petroleum Reservoir Fluids is volume 47 in the Developments in Petroleum Science series. The chapters in the book are: Phase Behaviour Fundamentals, PVT Tests and Correlations, Phase Equilibria, Equations of State, Phase Behaviour Calculations, Fluid Characterisation, Gas Injection, Interfacial Tension, and Application in Reservoir Simulation. |
fundamentals of oil and gas accounting: Understanding Oil and Gas Shows and Seals in the Search for Hydrocarbons John Dolson, 2016-06-15 This book explains in detail how to use oil and gas show information to find hydrocarbons. It covers the basics of exploration methodologies, drilling and mud systems, cuttings and mud gas show evaluation, fundamental log analysis, the pitfalls of log-calculated water saturations, and a complete overview of the use of pressures to understand traps and migration, hydrodynamics, and seal and reservoir quantification using capillary pressure. Also included are techniques for quickly generating pseudo-capillary pressure curves from simple porosity/permeability data, with examples of how to build spreadsheets in Excel, and a complete treatment of fluid inclusion analysis and fluid inclusion stratigraphy to map migration pathways. In addition, petroleum systems modeling and fundamental source rock geochemistry are discussed in depth, particularly in the context of unconventional source rock evaluation and screening tools for entering new plays. The book is heavily illustrated with numerous examples and case histories from the author’s 37 years of exploration experience. The topics covered in this book will give any young geoscientist a quick start on a successful career and serve as a refresher for the more experienced explorer. |
fundamentals of oil and gas accounting: The Definitive Guide to Blockchain for Accounting and Business Saurav K. Dutta, 2020-09-30 Blockchain is a disruptive technology potentially impacting how economic transactions are recorded, stored, and verified. Despite such ramifications, there is a lack of literature discussing this from the accountant’s perspective. Through real-world cases this book distils an abstract technology to relatable experiences for business professionals. |
fundamentals of oil and gas accounting: Natural Gas Measurement and Control Lohit Datta-Barua, 1992 |
fundamentals of oil and gas accounting: Principles of Accounting Volume 1 - Financial Accounting Mitchell Franklin, Patty Graybeal, Dixon Cooper, 2019-04-11 The text and images in this book are in grayscale. A hardback color version is available. Search for ISBN 9781680922929. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the why as well as the how aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization. |
fundamentals of oil and gas accounting: Petroleum Economics and Risk Analysis Mark Cook, 2021-01-29 Petroleum Economics and Risk Analysis: A Practical Guide to E&P Investment Decision-Making, Volume 69, is a practical guide to the economic evaluation, risk evaluation and decision analysis of oil and gas projects through all stages of the asset lifecycle, from exploration to late life opportunities. This book will help readers understand and make decisions with regard to petroleum investment, portfolio analysis, discounting, profitability indicators, decision tree analysis, reserves accounting, exploration and production (E&P) project evaluation, and E&P asset evaluation. - Includes case studies and full color illustrations for practical application - Arranged to reflect lifecycle structure, from exploration through to decommissioning - Demonstrates industry-standard decision-making techniques as applied to petroleum investments in the oil and gas industry |
fundamentals of oil and gas accounting: Oil 101 Morgan Downey, 2009 Since 1859, oil has enabled and defined our economic, social and political landscape. Throughout this time, abundant supply ensured low, stable prices and the inner workings of the oil industry remained relatively obscure. Following a century and a half of relative calm, oil prices have become much more volatile as the sustainability and growth of reliable supply sources have been brought into question. This book provides a guide to oil; from its history, to sources of supply and drivers of demand; from how prices are determined daily in global wholesale oil markets, to how those markets are connected to prices at the pump. -- Book jacket. |
fundamentals of oil and gas accounting: Petroleum Economics Jean Masseron, 1990 |
FUNDAMENTAL Definition & Meaning - Merriam-Webster
The meaning of FUNDAMENTAL is serving as a basis supporting existence or determining essential structure or function : basic. How to use fundamental in a sentence. Synonym …
FUNDAMENTALS | English meaning - Cambridge Dictionary
The fundamentals include modularity, anticipation of change, generality and an incremental approach.
FUNDAMENTALS definition and meaning | Collins English …
The fundamentals of something are its simplest, most important elements, ideas, or principles, in contrast to more complicated or detailed ones.
FUNDAMENTAL Definition & Meaning | Dictionary.com
noun a basic principle, rule, law, or the like, that serves as the groundwork of a system; essential part. to master the fundamentals of a trade.
Fundamentals - definition of fundamentals by The Free Dictionary
Fundamentals (See also ESSENCE.) down to bedrock Down to basics or fundamentals; down to the essentials. Bedrock is literally a hard, solid layer of rock underlying the upper strata of soil …
fundamental - Wiktionary, the free dictionary
May 17, 2025 · fundamental (plural fundamentals) (generic, singular) A basic truth, elementary concept, principle, rule, or law. An individual fundamental will often serve as a building block …
FUNDAMENTALS definition | Cambridge English Dictionary
fundamentals of It's important for children to be taught the fundamentals of science. Share prices have risen across Asia as fundamentals improve. Global uncertainty is unlikely to become …
Fundamental - Definition, Meaning & Synonyms
Fundamental has its roots in the Latin word fundamentum, which means "foundation." So if something is fundamental, it is a key point or underlying issue — the foundation, if you will — …
FUNDAMENTAL | English meaning - Cambridge Dictionary
fundamental principle The school is based on the fundamental principle that all children should reach their full potential. of fundamental importance Diversity is of fundamental importance to …
Fundamentals - Definition, Meaning & Synonyms
Definitions of fundamentals noun principles from which other truths can be derived “first you must learn the fundamentals ” synonyms: basic principle, basics, bedrock, fundamental principle …