Oil and Gas Exploration and Production: Reserves, Costs, ContractsEditions TECHNIP, 2007 - 317 pages The steps that lead to the production of oil and gas are diverse, complex and costly. They are diverse because the detection of oil and gas involves input from many specialties, ranging from geology to reservoir engineering. They are complex, as shown by the development of the job of the petroleum architect, who coordinates all the operations. They are costly, as the investments for exploration and production represent more than half of all investments in the oil and gas sector. Moreover, exploration is a risky activity, both from the technical and financial viewpoint: only one well in five produces marketable oil. Meanwhile, the areas for exploration and production are spread throughout the world. |
Table des matières
Table of contents | 69 |
Hydrocarbon reserves | 97 |
Oil and gas exploration and production | 118 |
Legal fiscal and contractual framework | 179 |
Decisionmaking on exploration and production | 219 |
rate of return | 227 |
Information accounting and competition analysis | 269 |
Annexe to Chapter 7 | 273 |
Cash flow statement | 279 |
Health safety the environment ethics | 285 |
303 | |
Index | 312 |
316 | |
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Expressions et termes fréquents
activities allow assets barrel calculated capital cash flows Chapter 1 Petroleum Chapter 2 Oil Chapter 3 Hydrocarbon Chapter 4 Investments contract holder contractor crude oil depreciation discount rate discovery drilling economic energy equipment estimate evaluation example expected value exploration and production field Figure fiscal and contractual Fischer-Tropsch process gas exploration Gbbl geological geophysics Gulf Gulf of Mexico Hydrocarbon reserves impact increase injection installations Investments and costs involves Mbbl method net present value non-conventional oil North Sea oil and gas oil companies oil industry oil price oilfield onshore OPEC operating costs parameters particular petroleum industry petroleum services phase price of crude producing countries production Chapter production profile proven reserves ratio recovery reduce reservoir revenues risk rock Royal Dutch Shell Saudi Arabia scenarios sector sedimentary basin seismic Standard Oil strategic product tar sands technologies Tm³ transport Venezuela zones