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Uncertainty in the Oil and Gas Exploratory Process: A Framework for Analysis and Econometric Estimation (Classic Reprint) - Softcover
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Excerpt from Uncertainty in the Oil and Gas Exploratory Process: A Framework for Analysis and Econometric Estimation
Association of Petroleum Geologists (aapg) into several categories-new field wildcats, new pool wildcats, deeper pool tests, shallower pool tests and outposts-roughly in the order of decreasing risk in drilling. For a detailed discussion of exploratory drilling and definition of the above categories, see Labee (ll).
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Uncertainty in the Oil and Gas Exploratory Process (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book presents a fresh approach to understanding the uncertainties involved in oil and gas exploration, particularly around depletion of resources, risk, and fluctuating economic incentives. The author draws on a range of perspectives to develop a unified framework that can better predict and analyze the behavior of explorers in the petroleum industry, from their initial decisions to drill to the characteristics of the prospects they choose. Through this framework, the book highlights the importance of risk tolerance and varying economic conditions on the exploration process, ultimately shedding light on the complex relationship between energy resources, risk management, and economic decision-making. By focusing on these variables, the author challenges previous assumptions that have often led to overly simplistic and biased estimations in the field, offering a more nuanced and accurate account of the critical role of uncertainty in the oil and gas industry. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781334539060_0
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Uncertainty in the Oil and Gas Exploratory Process A Framework for Analysis and Econometric Estimation Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334539060
Quantity: 15 available
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Uncertainty in the Oil and Gas Exploratory Process A Framework for Analysis and Econometric Estimation Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334539060
Quantity: 15 available