This book focuses on economic treatment of petroleum engineering operations and serves as a helpful resource for making practical and profitable decisions in oil and gas field development.

Section I Facts about Crude Oil and Gas Industry Chapter 1 Oil and Gas Industry Overview Chapter 2 Crude Oil: Origin and Background Chapter 3 Composition and Types of Crude Oil and Composition of Natural Gas Section II Fundamentals of Engineering Economic Analysis Section II.I Basic Concepts Chapter 4 Time Value of Money in Capital Expenditures Chapter 5 Depreciation and Depletion in Oil Projects Section II.II Profitability Analysis and Evaluation Chapter 6 Annual Rate of Return (A.R.R.) & Payout Period (P.P.) Chapter 7 Discounted Cash Flow Rate of Return (D.C.F.R.) and Present Value Index (P.V.I.) Chapter 8 Analysis of Alternatives, Selections, and Replacements Chapter 9 Feasibility Study Chapter 10 Model Solved Examples Section II.III Mathematical Approaches Chapter 11 Risk and Decision Analysis in Oil Operations Chapter 12 Oil Reserves and Reserve Estimate Section III Engineering Decisions through Economic Impact Analysis: Applications and Real World Examples Section III.I Upstream Operations (Subsurface Operations) Section III.II Upstream Operations (Subsurface Operations): Exploration and Production (E&P) Chapter 13 (E&P) Exploration, Drilling, and Oil Production-Part 1 Chapter 14 (E&P) Exploration, Drilling, and Oil Production-Part 2 Section III.III Middle Stream Operations: "Surface Operations" Chapter 15 Principal Field Processing Operations and Field Facilities Chapter 16 Fluids Separation Chapter 17 Operations Handling Crude Oil: Treatment, Dehydration, and Desalting Chapter 18 Operations for Gas Handling (Conditioning), Treatment, and Separation of NGL Section III.IV Downstream Operations: Petroleum Refining of Crude Oil Into Useful Products (Three Parts) and Oil and Gas Transportation (One Chapter) Chapter 19 Crude Oil Refining-Part 1 Chapter 20 Crude Oil Refining-Part 2 Chapter 21 Crude Oil Refining-Part 3: Background on Modeling and Computer Applications Chapter 22 Oil and Gas Transportation