Application: Monte Carlo Simulation in Risk Evaluation of E&P Projects

SPE Hydrocarbon Economics and Evaluation Symposium

Volumn , Issue , 2001, Pages 25-33

  Komlosi, Zsolt P ^a  

^a Hungarian Oil and Gas Plc   (Hungary)

Author keywords

[No Author keywords available]

Indexed keywords

COMPETITIVE INTELLIGENCE; COMPUTER SIMULATION; COSTS; MATHEMATICAL MODELS; MONTE CARLO METHODS; PARAMETER ESTIMATION; PROJECT MANAGEMENT; RANDOM PROCESSES; RISK ASSESSMENT; TAXATION;

GEO-TECHNICAL RISK; RISK CLASSIFICATION;

PETROLEUM PROSPECTING;

EID: 1142303683     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.2118/68578-ms     Document Type: Conference Paper

References (12)

1. Seller, R. (1995): "The Economic Analysis of International Petroleum Ventures." Manuscript for MOL's course dr. R. Seller, London, p.352.
2. McMichael, C. (1999): "The Fallacy of the Hockey Stick Projection" SPE Annual Technical Conference, Proc. II pp.109-120 (SPE 56 254)
3. MOL's ENINFO Data Base with Standard & Poor's Platt's Assessment (2001)
4. Natural Gas Statistics Sourcebook (1994), Oil & Gas Journal Energy Database Pennwell's Energy Database Sourcebooks
5. th edition 1998-2002 Projection to 2007 PennWell Book Tulsa, OK.
6. Oil & Gas Journal Energy Database (1996)
7. Brealey/Myers (1991): Principles of Corporate Finance Fourth Edition McGraw-Hill, Inc. [Hungarian translation]
8. Campbell, J.M. - Campbell, R.A. (1999): "Measuring Strategic Investment Value" SPE Annual Technical Conference, Proc. II pp.97-108 (SPE 56 453)
9. Komlosi Zs. (1999): "How to Measure Exploration-Production Efficiency" SPE Annual Technical Conference, Proc. IT pp.151-160 (SPE 56458)
10. Jorion, P. (1997): Value at Risk. The New Benchmark for Controlling Derivatives Risks. The McGraw-Hill Co. Inc. p.311 [Hungarian translation]
11. J.P.Morgan/Reuters (1996): RiskMetrics™ - Technical Document. Fourth Edition, New York p.275 Source: http://www.riskmetrics.com
12. Clapp, R.V. (1995): "An Alternative Concept of Investment for Improved Probability Measures." SPE Hydrocarbon Economics and Evaluation Symposium. Dallas, TX pp.179-185 (SPE 30051)