PETE411 PETROLEUM PROPERTY VALUATION
| Course Code: |
5660411 |
| METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
| ECTS Credit: |
5.0 |
| Department: |
Petroleum And Natural Gas Engineering |
| Language of Instruction: |
English |
| Level of Study: |
Undergraduate |
| Course Coordinator: |
|
| Offered Semester: |
Fall Semesters. |
Course Content
Estimation of reserves. Optimization of production rate. Maximizing the oil recovery within economic limits. Investment required for exploration and development of oil gas fields. Investment required for improved recovery processes. Operating cost. Taxes, prices and depreciation. Profit analysis.
