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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
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.
Abstract details
Journal title: Journal of Petroleum Technology
Subjects: Reservoir Engineering, Banking, finance and investment, Wood and wood products, Fuelwood, wood residues and by-products, Oil and gas, Oil