Jul 24, 2024  
2021-2022 Undergraduate Bulletin 
    
2021-2022 Undergraduate Bulletin [ARCHIVED BULLETIN]

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PE 3003 Petroleum Economics and Property Evaluation


(3 hours)
Time value of money; profitability measures; engineering analysis and prediction of cash flows of oil and gas properties; life cycle costs of alternative energy sources; revenues, discounts, depreciation, depletion, and risk analysis; contemporary economic issues affecting oil industry. Prerequisites: Junior standing, PE 2113  and PE 2123 .



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