Concerned with hydrocarbon production economics, this two-volume set dissects the old adage in the oil industry that exploration for hydrocarbons loses money while production of hydrocarbons makes money. Issues explored include how risk should be managed and how a given situation can be analyzed so that the chances of obtaining the desired level of profit can be maximized. A significant contribution to the understanding of economic risk management in the context of hydrocarbon production, these texts will be of value to both graduate students studying hydrocarbon production and oil industry professionals involved in economic risk analysis.
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Ian Lerche is a distinguished oil economics expert and a professor at the University of South Carolina. He is currently a visiting professor at the University of Leipzig.
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Book Description Multi-Science Publishing Co. Ltd, 2004. Paperback. Book Condition: Good. Item may show signs of shelf wear. Pages may include limited notes and highlighting. Includes supplemental or companion materials if applicable. Access codes may or may not work. Connecting readers since 1972. Customer service is our top priority. Bookseller Inventory # mon0001286456