Tuesday, November 26, 2013

International Exploration Economics, Risk, and Contract Analysis, 1st Edition, Daniel Johnston




Text provides a practical perspective on international exploration economics and risk analysis, petroleum fiscal system analysis and design, contract negotiations; and economic, financial, and accounting aspects of production sharing contracts and royalty/tax systems. DLC: Petroleum industry and trade--Finance.

An absolute must-have book for all oil and gas executives, especially those involved in evaluating and running economics. Wished i had come across this book earlier, but it's still not too late and the book is an excellent reference to always have with you.

After reading the other reviews I found that they were not up to par. This book is a great reference book and a very helpful `go to' book for explanation of analytical approaches to some of the newest techniques in the industry. Excellent presentation. Everybody who does this kind of work, or hopes to, should have this book.

This book is really aimed for those with no understanding of the oil and gas business, particularly international economics. Contract analysis is by far an over statement with little to no discussion on PSA's.

I had great expectations about this book. Unfortunately for a beginner introductory book it lacks of clarity, for an expert book it lacks of depth. Nice glossary for beginners. The Contract summary at the end is excellent and makes for the cost of the book.

Product Details :

  • Hardcover: 401 pages
  • Publisher: Pennwell Corp (May 2003)
  • Language: English
  • ISBN-10: 0878148876
  • ISBN-13: 978-0878148875
  • Product Dimensions: 1.1 x 5.7 x 9.7 inches


More Details about International Exploration Economics, Risk, and Contract Analysis, 1st Edition

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