Oil Company Financial Analysis In Nontechnical Language

Provides an explanation of financial statements with a practical approach to the analysis of an oil company. Tables, figures, worksheets and examples for analysis of virtually every aspect of an oil company are provided in detail. Financial quick-look techniques and rules of thumb are included.

Offering a clear explanation of financial statements with a practical approach to the analysis of an oil company, this introduction contains tables, figures, and worksheets, and examples of analysis of virtually every aspect of an oil company are provided in detail. Financial quick-look techniques, rules of thumb, commentary, and a glossary are included.

This addition to Johnston's bestselling petroleum financial books addresses the decision-making element of petroleum company management. It is a practical guide to all facets of modern financial management and strategic planning specific to today's oil and gas companies. The authors guide readers through the maze of financial management in a concise, practical, and organized fashion, delivering the basic principles that are critical for all elements of corporate leadership.

Provides an overview of the entire petroleum production function; explains the origins of oil and gas and reservoir dynamics; deciphers the mysteries of production ownership and land rights; and identifies the types of production companies and staff positions, and how they interact. --From publisher description.

Sets forth the many technical procedures involved in refining. Included are a new chapter on simple and complex refineries, and a revised chapter on gasoline blending, including current information on alcohol blending components.

This updated second edition of Oil & Gas Production in Nontechnical Language is an excellent introduction for anyone from petroleum engineers and geologists new to their careers to financial, marketing, legal, and other professionals and their staffs interested in the industry. E&P service company personnel will find it particularly beneficial in understanding the roles played by their clients. Not only does it cover production fundamentals, but it backs up to give the necessary upstream background--geology, origins of oil and gas, and ownership and land rights--as well as surface operations and even production company strategy development.

An overview of the natural gas process from wellhead to burnertip, from exploration to futures trading, and the latest issues of co-generation and other product use.

The intent of this book is to educate the reader about the vast complexities of the oil and gas industry and to motivate involvement in domestic oil and gas development, production and refinement. Explains the industry in non-technical language for an average person.

Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth--and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats--and twice as likely to descend into civil war--than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.