Title: Real Options in the Evaluation of Oil Field Development: An approach considering different contractual regimes
Publisher: Our Knowledge Publishing
Publication Date: 2025
Language: English
ISBN 10: 6202459964
ISBN 13: 9786202459969
Binding: Soft cover
Condition: New

About this title

Synopsis

The decision-making process in oil exploration and production is becoming increasingly complex, mainly due to the number of uncertainties involved. However, the investment evaluation techniques commonly used in this type of project do not take into account the effect of uncertainties on decision-making. In this sense, the objective of this book is to conduct a study on how uncertain variables can impact decision-making in an oil exploration and production project, through the application of Real Options Theory in different contractual regimes.

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