Project Economics & Decision Analysis: Deterministic and Probabilistic Models

A clear, practical, and comprehensive guide to capital investment evaluation, capital budgeting, and decision analysis.Designed for students and professionals alike, the book walks readers step-by-step through decision-making under uncertainty, emphasizing real-world application with numerous solved examples, illustrations, and end-of-chapter problems.With a focus on building foundational knowledge and critical thinking, this edition makes complex concepts accessible while encouraging a big-picture understanding of oil and gas operations.The book is ideal for those looking to enhance their ability to analyze, interpret, and defend economic decisions in capital projects.The Third Edition presents a unified volume combining both Deterministic and Probabilistic models, streamlining the approach from previous separate volumes.All time-sensitive materials, figures, and tables have been updated for clarity.Real-world examples have been added to enhance understanding of key concepts.Expanded