Risk Analysis and Management of Petroleum Exploration Ventures

Risk Analysis and Management of Petroleum Exploration Ventures by Rose, Peter R.. hardcover edition. ISBN: 9780891816621.

Risk Analysis is a comprehensive, fully integrated, state-of-the-art treatise covering the objective evaluation of exploratory drilling ventures and key concepts for efficient, profitable management of such projects. The book has a strong practical orientation, setting forth sound, tested principles and procedures, with simple, effective explanations of the underlying concepts. Make E&P uncertainty your friend, not your enemy Estimate prospect reserves, rates, and costs objectively Estimate the chance of prospect success responsibly Evaluate new plays as full-cycle economic business ventures Determine the best economic yardsticks Manage E&P by managing the E&P portfolio Determine what share of a venture you should take Discover how to avoid the winners curse in bidding Learn how to evaluate your firms geotechnical performance Learn effective risk-analysis procedures developed by other companies American Association Of Petroleum Engineers (AAPG) Founded in 1917, we are the worlds largest professional geological society, with over 30,000 members. We are a pillar of the world-wide scientific community. Our books foster scientific research, advance the science of geology and promote the most effective use of petroleum extraction & processing technology and practice. Some of the areas we publish in include: GIS Petroleum Engineering Well Log Analysis Geological Modeling Carbonate Petrology Seismic Imaging Reservoir Characterization Regional Petroleum Analysis