Investment Decision and Profitability Analysis in an Upstream Petroleum
The decision to invest is based on the evaluation of the project profitability. Profitability in an upstream petroleum sector however depends on many factors including the market price of hydrocarbons, the costs of finding, developing, and producing hydrocarbon reserves; taxation and fiscal regimes, research and development that results in technical progress. We applied the concepts of net...
Published at Journal of Economics and Engineering, ISSN: 2078-0346, 3(1)
Published in 2012
Enebeli E. E., Orodu O D., Peng Y., Xu L.
Orodu Oyinkepreye David » Oyinkepreye D. Orodu is a Professor of Petroleum Engineering and has varied Oil & Gas industry experience spanning field operations in pipeline integrity and academia. Preye holds a bachelor's degree in Chemical Engineering from the University of Port Harcourt; master's in Oil & Gas Engineering, the Robert Gordon University and a doctorate in Oil & Natural Gas Engineering, China University of... view full profile
