RUSSIAN VENTURES-4 EVALUATING OIL, GAS VENTURES IN W. SIBERIA: FEASIBILITY STUDIES

Jack A. Krug Questa Engineering Corp. Golden, Colo. WilLIam Connelly Pangea International Inc. Golden, Colo. This article discusses the methodology and calculations used in performing the economic evaluations for a typical western Siberia oil project venture. The discussion of taxes, funds, depreciation, and costs assumes the venture is a stock company and that economics are calculated on a project basis.

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