Petroleum Economics and Engineering, Third Edition.

This book explains how to apply economic analysis to the evaluation of engineering challenges in the petroleum industry. Discussion progresses from an introduction to the industry, through principles and techniques of engineering economics, to the application of economic methods. Packed with real-wo...

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Bibliographic Details
Main Authors: Abdel-Aal, Hussein K. (Author), Bakr, Bakr A. (Author)
Corporate Author: Taylor & Francis
Format: eBook
Language:English
Published: Abingdon : Florence : CRC Press [Imprint] Taylor & Francis Group Taylor & Francis Group [distributor] Dec. 2013
Edition:3rd ed., revised.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:This book explains how to apply economic analysis to the evaluation of engineering challenges in the petroleum industry. Discussion progresses from an introduction to the industry, through principles and techniques of engineering economics, to the application of economic methods. Packed with real-world examples and case studies demonstrating how to calculate rate of return, discounted cash flow, payout period, and more, Petroleum Economics and Engineering, Third Edition assists petroleum engineers, chemical engineers, production workers, management, and executives in sound economic decision-making regarding the design, manufacture, and operation of oil and gas plants, equipment, and processes. The fully revised third edition is updated to reflect key advancements in petroleum technology and expanded to include chapters on middle stream operations, known as surface petroleum operations (SPO), and natural gas processing and fractionation. By looking globally at the hydrocarbon industry, the improved text offers the reader a more complete picture of the petroleum sector, which includes the global processes of exploration, production, refining, and transportation.
Physical Description:1 online resource (478 pages) illustrations
ISBN:9781466506664
1466506660