Oil Exploration

Oil Exploration : Basin Analysis and Economics

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This book presents the quantitative procedures for assessing predictions of potential oil recovery (basin size, hydrocarbon content), and economic impact (exploration cost, production, transport, refining). Emphasis is placed on advances made in analytical methods and improved techniques developed during the last decade. The book is intended for oil exploration personnel in industry, graduate students in economic geology, and researchers in petroleum engineering.
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Product details

  • Hardback | 178 pages
  • 159 x 241 x 19.05mm | 499g
  • Academic Press Inc
  • San Diego, United States
  • English
  • references, index
  • 0124441750
  • 9780124441750

Table of contents

Economics and reserves; profit measures; probability measures; risk measures; basin analysis; analysis of an exploration project; strategies for bids and acquisitions; management decisions; epilogue.
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Review quote

"This book is a much needed addition to the available texts on this newly emerging subject. Dr. Lerche is very knowledgeable on the material and his background in both industry and academia allows him to address the needs of both groups."--JAMES A. MACKAY, Texaco Exploration Research
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