FULL-CYCLE ECONOMICS HELPS FOCUS PROGRAMS, FINANCIAL PERFORMANCE

Dan L. Wilson Consulting Geologist Denver Economic analysis of an exploration program from initial concept through production can help predict a company's financial performance over time. This type of economics can help a company select plays that will meet economic expectations and help a company plan for success. What follows is a method of determining profitability for exploration programs in established plays. The author has used the method successfully for nearly 10 years to identify

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