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Petroleum Project Economics  Econ210D Presentation 2
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Petroleum Engineering Analysis
Life Cycle of a Hydrocarbon Field ,[object Object],[object Object],[object Object],[object Object],[object Object]
Decline Curve Analysis  ,[object Object],[object Object],[object Object],[object Object],[object Object]
Factors affecting Decline Curve: ,[object Object],[object Object],[object Object],[object Object]
Cash Inflows ,[object Object],[object Object],[object Object]
Revenue ,[object Object],[object Object],PRODUCTION PRICE REVENUE × =
Cash Outflows ,[object Object],[object Object]
Expenditure ,[object Object],[object Object],Operating Expenditure Capital Expenditure Total Expenditure + =
Operating Expenditure ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Production Costs ,[object Object],[object Object]
General and Administrative Costs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Capital Expenditure ,[object Object],[object Object],[object Object],[object Object],[object Object]
Exploration Expenditures ,[object Object],[object Object],[object Object]
Appraisal Expediture ,[object Object],[object Object],[object Object]
Development Activities ,[object Object],[object Object],[object Object]
Abandonment Expenditure ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Capital Expenditure
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Capital Expenditure
[object Object],[object Object],[object Object],Capital Expenditure
Tangible Capital Expenditures ,[object Object],[object Object],[object Object],[object Object]
Intangible Capital Expenditures ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Entire Life Cycle
Net Cashflow ,[object Object],[object Object]
Key Petroleum Project Parameters Parameter Fields Estimate Recoverable Reserves 160 mbo Field Life 20 years Oil Price   $82 per bbl Total CAPEX   $300 millon OPEX per bbl $7 per bbl 
Inflation ,[object Object],[object Object],[object Object]
Inflation ,[object Object]
Inflation ,[object Object],[object Object]
Inflation ,[object Object],Year Production Costs per barrel in US$ 2010 $2.50 2011   2012   2013   2014   2015  
Home Work ,[object Object],[object Object]

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Presentation 2

  • 1. Petroleum Project Economics Econ210D Presentation 2
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  • 28. Key Petroleum Project Parameters Parameter Fields Estimate Recoverable Reserves 160 mbo Field Life 20 years Oil Price   $82 per bbl Total CAPEX   $300 millon OPEX per bbl $7 per bbl 
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