Economics of Petroleum Production

by I. Lerche and Sheila Noeth

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Concerned with hydrocarbon production economics, these two volumes dissect 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.
  • ISBN10 0906522242
  • ISBN13 9780906522240
  • Publish Date 10 April 2004 (first published 1 March 2004)
  • Publish Status Active
  • Publish Country GB
  • Publisher Emerald Publishing Limited
  • Imprint Multi Science Publishing Co Ltd
  • Format Paperback
  • Pages 284
  • Language English