Integrated Approach To Property Evaluation Improves Decision-making For Both Parties

11/01/1999
Sophisticated evaluation of a farm-in exploration deal should reflect two characteristics not always evident in routine transactions.One characteristic is analysis by each party from the perspectives of both sides of the deal under evaluation. The other is the integrated use of what are called deterministic and probabilistic evaluation techniques.Deterministic evaluation produces a single estimate of value from a given set of input variables. Probabilistic evaluation yields a range of values, each represented as a function of the statistical chance for its occurrence.The common mistake is for a party to a prospective farm-in arrangement to evaluate from its perspective alone using only, o...
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