Risk Analysis of Oil and Gas Exploration and Economic Evaluation Using Real Options Method

Author: Compiler: Jia Chengzao, Yang Shufeng, Zhang Yongfeng, Chen Hanlin, Ling Chunhua
Publisher:
Publish Date: 2005-10-19
Features: This book systematically introduces the concepts and research methods of risk analysis and economic evaluation in oil and gas exploration projects. Combining the characteristics of oil and gas exploration projects, such as large investment, long cycle, complex technology and process, and high risk, it elaborates on the methods of oil and gas resource assessment and economic evaluation in detail. Especially in the discussion of economic evaluation, this book introduces the internationallynew real options method to conduct economic evaluation of exploration projects and provides examples for different solutions. Finally, it briefly introduces some content related to the development of software for economic evaluation and risk analysis of oil and gas exploration projects. This book can be used as a reference for personnel engaged in oil and gas resource assessment, economic evaluation, and decision-making management, as well as for students and teachers in relevant fields at colleges and universities.