Revenue‚ Capex‚ Opex 3 Reserves 3 Sunk costs: 3 Opportunity Costs: 3 Royalty‚ Tax‚ Ring fencing 4 Types of Petroleum Fiscal Regimes 4 Net Cash Flow 4 Concessionary system vs. Production Sharing contracts 5 Going Internation – Bidding Process 5 Economic Modelling 6 Production Costs 7 Wildcat 7 What is the wild cat success ratio? And what are the considered factors? 7 Depreciation 8 Abandonment 8 Goodwill‚ Leases‚ Ringfencing 9 Volatility of Crude Oil 9 Volatility of Gas 10 Forecasting 10 Opportunity
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Engineering is and has remained one of the most competitive fields of study due to its limitless possibilities and outcomes. Due to the competitive nature of this profession‚ an engineer has to possess good skill to remain relevant and also to manage the available resources necessary for positive development of the society and also the world. I intend to pursue a graduate program in Industrial engineering‚ a program which encompasses all field of engineering and also explores solutions in all fields
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By Craig W. Van Kirk‚ Professor/Head of Petroleum Engineering Colorado School of Mines‚ Golden‚ CO‚ USA PETROLEUM ENGINEERING CAREER TRACKS EW GRADUATES IN PETROLEUM ENGINEERING ENJOY A WIDE VARIETY OF career opportunities. Job placement is 100 percent by graduation‚ with most students in this field remaining satisfied with a BS degree for their entire careers; those who earn Master’s and PhD degrees also enjoy 100 percent job placement. A career in this industry may begin anywhere—a small
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British Petroleum Ratio Analysis Memo Team B ACC/291 September 5‚ 2013 Vicki Garrison British Petroleum Analysis Memo Memo to Bob Fryar Executive Vice President‚ Safety and Operational Risk Dr Brian Gilvary Chief Financial Officer of British Petroleum: Introduction As we are sure you are already familiar with the British Petroleum organization‚ a lot of the information included in this memo may seem unnecessary directed only to you. It is vital to know information about
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KATHMANDU UNIVERSITY SCHOOL OF ENGINEERING Department of Electrical & Electronics Engineering LAB REPORT- III Reciprocity Theorem of Antenna (Tx and Rx pattern is same) By: Sudip Shrestha (41020) To: Manya Gautam Nov 21‚ 2010 Theory: 1. Reciprocity theorem: Many antenna properties are the same for both transmitting and receiving. It is often easier to calculate the gain of a transmitting antenna than the collecting area of a receiving antenna‚ and it is often easier
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Increasing Student Interest in Science‚ Technology‚ Engineering‚ and Math (STEM): Massachusetts STEM Pipeline Fund Programs Using Promising Practices Prepared for the Massachusetts Department of Higher Education March 2011 Acknowledgements Increasing Student Interest in STEM Acknowledgements The concept for this report evolved from valuable conversations with the former Pipeline Director‚ David McCauley and from Program Manger‚ Keith Connors. Information in this report has been
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Personal Statement 1. Personal History I first become interested in law in junior high school where. In junior high school‚ I was appointed as president of the student council. The student council hosted a general meeting every year in which all the students participated‚ and there‚ many problems related to school rules were discussed. Those included why a certain act is prohibited despite the lack of regulations in the written school rules and how we can amend the school rules for to make school
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with more than $5/million Btu being paid by petrochemical producers on the U.S. Gulf Coast at CW press time. Most of Sabic’s petrochemical complexes are based on gas. The company recently began production of aromatics‚ however‚ using the liquefied petroleum gas (LPG)-- based Cyclar process. Sabic obtains LPG at a discount of 30% to international prices. Sabic last year
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Chemical Engineering Overview The Field - Preparation - Day in the Life - Industries - Earnings Employment - Professional Development - Career Path Forecast Professional Organizations The Field It would take too long to list all the products that are impacted by chemical engineers‚ but knowing what industries employ them may help you comprehend the scope of their work. Chemical engineers work in manufacturing‚ pharmaceuticals‚ healthcare‚ design and construction‚ pulp and paper‚ petrochemicals
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strategy. In order to determine the future direction of the organization‚ it is necessary to understand its current position and the possible avenues through which it can pursue particular courses of action. To meet this end‚ the vision and mission statement are developed. In many cases both of these are confused with each other‚ though they distinctly vary in nature in many ways. Mission refers to the purpose and values of the organization. It directly answers questions like: What do we do
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