ESCI 417 - PETROLEUM IND ECONOMICS MGMT
Long Title: PETROLEUM INDUSTRY ECONOMICS AND MANAGEMENT
Department: *Earth Science*
Grade Mode: Standard Letter
Language of Instruction: Taught in English
Course Type: Lecture
Credit Hours: 3
Restrictions: May not be enrolled in one of the following Level(s):
Graduate
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. Graduate/Undergraduate Equivalency: ESCI 617. Recommended Prerequisite(s): ESCI 415. Mutually Exclusive: Cannot register for ESCI 417 if student has credit for ESCI 617.