ESCI 417 - PETROLEUM IND ECONOMICS MGMT
Long Title:
Department: *Earth Science*
Grade Mode: Standard Letter
Course Type: Lecture
Credit Hours: 3
Description: PETROLEUM INDUSTRY ECONOMICS AND MANAGEMENT
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Topics covered include resource size determination; geologic risk analysis; establishing minimum economic thresholds; economic chance factors; the concepts of present worth, investment efficiency, rates of return. Price forecasting, cost inflation are discussed.
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Instructor(s): Riese