Browsing by Subject "Petroleum Project Investment Yardsticks"
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Estimating the effect of future oil prices on petroleum engineering project investment yardsticks. (Texas A&M University, 2004-09-30)This study proposes two methods, (1) a probabilistic method based on historical oil prices and (2) a method based on Gaussian simulation, to model future prices of oil. With these methods to model future oil prices, we can ...