Due 17th February 2017 at 10 AM (UAE timing)
Do all of the following:
– Look at the Journal of Petroleum Technology (JPT) issue I have given you (see in attachment)
– What are the latest oil prices given in your JPT for Brent and WTI crude?
– Select an article which has several links to petroleum economics – these may not be specifically stated but they must be there! (You may want to check the following questions before making your final choice). It must have at least two pages in the JPT.
– Summarise the economic aspects of the article in a paragraph. You should cover at least three issues (otherwise choose another article). – Do not copy any summary with the article.
– Quote the reference according the SPE Reference format (see attached guide)
– How would an economic evaluation help with the subject of the article.
– Give one example or more from the article relating to the supply market.
– Give three examples from the article relating to the demand market.
– Identify something in the article that would be affected by the time value of money.
– Note: If you have difficulty completing any of the above due to the nature of the article, explain this.
– Put your answers in a Word file – no need for report format.
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