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Introduction to Petroleum Economics

by Chris Hinkin

How petroleum projects are evaluated

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AlbakiReads Editorial

How petroleum projects are evaluated

Chris Hinkin’s introduction centers on the decision-making process behind petroleum projects: gathering project data, assessing whether a project should proceed, and preparing recommendations. It moves from foundational concepts to the tools petroleum economists use and their practical application. Career anecdotes from Hinkin’s nearly twenty years in the field add professional context to this guide to petroleum economics.

Good fit for readers who enjoy

  • Oil-industry professionals seeking an introduction to petroleum economics and project evaluation.
  • Students studying petroleum or related engineering and technology subjects.
  • Readers interested in how project data informs recommendations in the petroleum sector.

Themes

Petroleum economicsProject evaluation and decision-makingData gathering and recommendationsTools and applications in the oil industry

Based on publisher information and book metadata.

Book overview

Introduction to Petroleum Economics is about the process of gathering project data, calculating whether a project should proceed and delivering recommendations. It discusses the science of petroleum economics, starting from square-one, the tools of the trade that petroleum economists use, day in and day out, and also its application. Along the way the author relates some helpful and informative anecdotes based on his almost twenty-year career as a petroleum economist. Vital for all oil professionals as well as students, Introduction to Petroleum Economics unravels the decision-making behind why a petroleum project moves ahead or ends

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