Upstream Dynamics: Navigating the Economics of Petroleum Exploration and Production

The upstream petroleum sector is a cornerstone of the global energy landscape.As the world transitions towards more sustainable and diversified energy sources, the role of upstream petroleum economics becomes increasingly complex and dynamic.Blending analytical rigor with real-world case studies from various basins, Upstream Dynamics serves as a professional guide to the economics that govern oil and gas exploration and production.It covers the full asset life cycle-exploration, appraisal, development, production, and abandonment-linking engineering realities with financial decision-making.It provides insights into exploration, drilling, production, reservoir management, risk mitigation, regulatory compliance, and technological innovation. • Details project screening, cash flow modeling, fiscal regimes, reserve classification, risk and uncertainty, field development planning, cost estimation, production optimization, and portfolio management. • Goes beyond traditional discounted cash f