AAPG Methods in Exploration: Risk Analysis and Management of Petroleum Exploration Ventures (Volume 12)

Risk Analysis is a comprehensive, fully integrated, state-of-the-art treatise covering the objective evaluation of exploratory drilling ventures and key concepts for efficient, profitable management of such projects. The book has a strong practical orientation, setting forth sound, tested principles and procedures, with simple, effective explanations of the underlying concepts.

Make E&P uncertainty your friend, not your enemy
Estimate prospect reserves, rates, and costs objectively
Estimate the chance of prospect success responsibly
Evaluate new plays as full-cycle economic business ventures
Determine the best 'economic yardsticks'
Manage E&P by managing the E&P portfolio
Determine what share of a venture you should take
Discover how to avoid the 'winner's curse' in bidding
Learn how to evaluate your firm's geotechnical performance
Learn effective risk-analysis procedures developed by other companies

American Association Of Petroleum Engineers (AAPG)

Founded in 1917, we are the world's largest professional geological society, with over 30,000 members.

We are a pillar of the world-wide scientific community. Our books foster scientific research, advance the science of geology and promote the most effective use of petroleum extraction & processing technology and practice.

Some of the areas we publish in include:

GIS
Petroleum Engineering
Well Log Analysis
Geological Modeling
Carbonate Petrology
Seismic Imaging
Reservoir Characterization
Regional Petroleum Analysis

Pete Rose, a petroleum geologist with more than 40 years of professional experience, is internationally recognized as a leading proponent of systematic, probabilistic risk analysis.