The Project Economics and Decision Analysis books provide all the necessary concepts of capital investment evaluation, capital budgeting, and decision analysis. They take the reader step-by-step through the decision-making process, providing comprehensive coverage of all decision analysis tools currently available while outlining how investment decisions are made under different stages of risk. Further, he focuses on practical application, using a straightforward approach with solved "real-life" examples and solutions, end-of-chapter problems, and illustrations throughout the book.
In the updated second edition, M. A. Mian has expanded and updated the first volume by incorporating new advancements and clarifying concepts to facilitate their understanding. The book presents a balanced blend of theoretical concepts and their practical utility. New to the second edition is a section on netback pricing and indexed netback pricing. Additionally, the new edition expands the weighted average cost of capital (WACC) concept for better comprehension and to recognize its weakness in practice. The concept of unit technical cost, also known as long-run marginal cost (LRMC), has been expanded as well to aid with its calculation and application. Included is a re-written and expanded section on international economics (fiscal systems).
Features & Benefits
Audience
About the Author
M.A. Mian, a registered professional engineer in the state of Colorado with more than 30 years of practical experience, is currently a Petroleum Engineering Consultant with Saudi Aramco. Mian has been involved in reservoir engineering, reserves evaluation, field development plans, and project economics-evaluating multi-billion-dollar oil and gas field development, liquefied natural gas (LNG) and gas-to-liquids (GTL) plants, aluminum smelters, refineries, petrochemical plants, and power projects. He has designed fiscal terms for international contracts and practically managed the day-to-day modalities of pre- and post-agreement functions. Mian earned a B.Sc. degree in Mechanical Engineering, an M.Sc. in Petroleum Engineering, and an M.Sc. in Mineral Economics from Colorado School of Mines. In addition, he has published extensively in the oil industry trade journals, is the author of Petroleum Engineering Handbook for the Practicing Engineer (PennWell 1992) and teaches seminars on various subjects in the industry. Mian has a unique ability to drill down to the key points and make complex terminology much easier to understand.
Details
Type: Hardcover
Size: 6 x 9 inches
Pages: 482
Published: 2011
ISBN: 9781593702083
International shipping costs vary based on country and port. Please send us international location for accurate quote.
No Ratings & Reviews given yet..