Economic Evaluation of Oil and Gas Properties.

Format:

Book

Author/Creator:

Miller, Richard J.

Language:

English

Subjects (All):

Petroleum engineering.

Oil fields.

Physical Description:

1 online resource (286 pages)

Edition:

1st ed.

Place of Publication:

Tulsa, OK : PennWell Books, LLC, 2025.

Summary:

Dive into the world of petroleum property economic evaluation.Gain insights into the purposes and applications of economic evaluations in oil and gas investments.Explore the interaction between production, sales, operating costs, taxes, third-party interests, and regulatory controls.

Contents:

Cover Page

Title Page

Copyright Page

Contents

Acknowledgements

Introduction

Definition of Property

1 - Purposes of Economic Evaluation

Investment Analysis

Required Valuations

2 - Source of Economic Benefit in Oil & Gas Properties

Concept of the Income Stream

Concept of Ownership

Concept of Economic Limit/Life

Concept of Effective Date

Concept of Present Value

Oil & Gas Properties That Can Be Evaluated

3 - Real Estate, Mineral Rights, and Ownership Interests

Property Ownership Interests – A Primer

Pooling and Unitization

4 - Generally Accepted Valuation Methods

Cost Approach

Comparable Sales Approach

Income Approach

Application to Oil & Gas Property Evaluation

Application of the Income Approach for Property Evaluation

The Discounted Cash Flow Model

5 - Production Estimation and Scheduling

Actual Performance and Similar Properties

Undeveloped, Underdeveloped, and/or Expanded Production Properties Generated by AI.

Notes:

Description based on publisher supplied metadata and other sources.

Part of the metadata in this record was created by AI, based on the text of the resource.

ISBN:

1-955578-31-1

OCLC:

1534190110