Forecasting oilfield economic performance. M.E. Bradley and A.R.O. Wood. JPT, November 1994, 46(11), 965--971.
A general method is presented that integrates cost data with operational reservoir and financial information. Economic concepts are reduced to a mathematical model that can be used by practicing engineers. Equations are given which should prove significant to a large number of engineers in that they can be applied to determine the economic limits for an oilfield and its components. Examples are included. 35 refs.