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.

Economics of Petroleum Production Volume 1: Profit and Risk

Business & Money

Ian Lerche

Sheila Noeth

Economics

Multi-Science Publishing Co. Ltd.

How modern developments in the procedures and methods of basin analysis have enhanced its utility in hydorcarbon exploration is addressed in this study.

Inverse and Risk Methods in Hydrocarbon Exploration

Science & Math

Earth Sciences

A quantitative and coherent resource for petroleum engineering professionals, this investigation of the problems concerned with oil and gas flow along subsurface faults focuses on the impact of reservoir leakage and subsurface pressure on production methodologies, exploration, and finance. Special focus is given to determining the preventative possibilities of drilling as well as other analytical approaches to the reduction of risk factors.

Faults, Flow, Finance and Pressure in Exploration Assessments

james-a-mackay

Physics

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Books by Ian Lerche