New method determines

04/18/2005
A refinement of a “simplified” market approach for comparing refinery values using replacement cost new (RCN) and a combination of capacity and complexity has been developed.The simplified market approach typically uses two ratios to compare refinery sales values. One ratio divides refinery sales price by RCN. This ratio represents the refinery value as a fraction of the cost to replace it-it is a refinery’s “percent good” or undepreciated value.The second ratio divides refinery sales price by the product of refinery capacity and complexity (complexity-barrel). Refinery value is expressed in dollars/complexity-barrel.The simplified market approach for valuing...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected