Oil And Gas Economic Evaluation

Sub-skill of oil-and-gas: Economic Evaluation (+2).

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Economic Evaluation (+2)

Economic Evaluation

  • NPV/IRR Analysis: Project economics, sensitivity analysis
  • Decline Curve Analysis: Arps equations, type curves
  • Monte Carlo Simulation: Risk assessment, probabilistic forecasting
  • Real Options Valuation: Investment timing, abandonment options

Technical Analysis

  • Material Balance: Tank models, aquifer models, gas cap expansion
  • Pressure Transient Analysis: Well test interpretation, skin factor
  • Rate Transient Analysis: Production data analysis, EUR estimation
  • Network Modeling: Integrated production system optimization

Software Tools

  • Reservoir Simulation: Eclipse, CMG (IMEX/GEM/STARS), Petrel, tNavigator
  • Production Engineering: PROSPER, GAP, PIPESIM, OLGA
  • Python Domain Libraries: lasio (LAS files), welly (well logs), striplog (lithology)

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