Course Schedule and Catalog

Long Title: PETROLEUM INDUSTRY ECONOMICS AND MANAGEMENT

Department: *Earth Science*

Grade Mode: Standard Letter

Course Type: Lecture

Credit Hours: 3

Description: 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. Recommended Prerequisite(s): ESCI 415.