Archive For May 25, 2015

Facing Oil Price Risk in Developing Countries

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According to Devlin and Titman (2004) to deal with oil price volatility and exhaustibility, countries has set up stabilisation and savings funds. Although the funds have helped manage windfalls and turn deplorable wealth into productive assets, their performance has been much weaker in reducing the effect of volatile oil prices on government revenues and spending….

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Billion tonne earth – Fossil fuels

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Fossil fuels in a billion tonne earth The useful energy services and energy density value of fossil carbon fuels could be retained for longer timescales into the future if their combustion is balanced by CO2 recapture and storage. We assess the global balance between fossil carbon supply and the sufficiency (size) and capability (technology, security) of candidate carbon…

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Exploration, Development, Production and Financial

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Exploration Statistics Statistics report consist of geological and geophysics survey, seismic method, wildcat well and delineation or appraisal well, and also consist of: Current and cumulative year of exploration survey, divided into onshore and offshore, number of leads, number of prospects and describe about the amount drilled and un drilled. Exploratory and appraisal well cumulative…

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Choose the Best Mutual Fund

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Return is the first consideration when people invest into something because they expect more from their placed money. Mutual fund has been designated to provide investor with the diversified risk of investment because investment manager has calculated the variability of the stock combined inside the mutual fund. The stocks package should not have significant dependencies…

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Asset Under Construction Monitoring

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It is typical for Oil Company using Asset Under Construction Monitoring when the assets developed based on the project budget. Moreover, the project budget under approval and supervision by the Government (the partnership for oil exploration between Government and Foreign Oil Company). Asset under construction charges should be monitored to prevent from overrun or underrun…

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