How Long to Read Computing Risk for Oil Prospects: Principles and Programs

How Long Does it Take to Read Computing Risk for Oil Prospects: Principles and Programs?

It takes the average reader 7 hours and 32 minutes to read Computing Risk for Oil Prospects: Principles and Programs by J.W. Harbaugh

Assuming a reading speed of 250 words per minute. Learn more

Description

The petroleum industry is enduring difficult financial times because of the continuing depressed price of crude oil on the world market. This has caused major corporate restructuring and reductions in staff throughout the industry. Because oil exploration must now be done with fewer people under more difficult economic constraints, it is essential that the most effective and efficient procedures be used. Computing Risk for Oil Prospects describes how prospect risk assessment — predicting the distribution of financial gains or losses that may result from the drilling of an exploration well — can be done using objective procedures implemented on personal computers. The procedures include analyses of historical data, interpretation of geological and geophysical data, and financial calculations to yield a spectrum of the possible consequences of decisions. All aspects of petroleum risk assessment are covered, from evaluating regional resources, through delineating an individual prospect, to calculation of the financial consequences of alternative decisions and their possible results. The bottom lines are given both in terms of the probable volumes of oil that may be discovered and the expected monetary returns. Statistical procedures are linked with computer mapping and interpretation algorithms, which feed their results directly into routines for financial analysis. The programs in the included library of computer programs are tailored to fit seamlessly together, and are designed for ease and simplicity of operation. The two diskettes supplied are IBM compatible. Full information on loading is given in Appendix A - Software Installation. Risk I diskette contains data files and executables and Risk 2 diskette contains only executables. The authors contend that the explorationist who develops a prospect should be involved in every facet of its analysis, including risk and financial assessments. This book provides the tools necessary for these tasks.

How long is Computing Risk for Oil Prospects: Principles and Programs?

Computing Risk for Oil Prospects: Principles and Programs by J.W. Harbaugh is 451 pages long, and a total of 113,201 words.

This makes it 152% the length of the average book. It also has 138% more words than the average book.

How Long Does it Take to Read Computing Risk for Oil Prospects: Principles and Programs Aloud?

The average oral reading speed is 183 words per minute. This means it takes 10 hours and 18 minutes to read Computing Risk for Oil Prospects: Principles and Programs aloud.

What Reading Level is Computing Risk for Oil Prospects: Principles and Programs?

Computing Risk for Oil Prospects: Principles and Programs is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Computing Risk for Oil Prospects: Principles and Programs?

Computing Risk for Oil Prospects: Principles and Programs by J.W. Harbaugh is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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