This book presents quantitative procedures for assessing predictions of potential oil recovery (basin size, hydrocarbon content), and economic impact (exploration cost, production, transport, and refining). Emphasis is placed on advances made in analytical methods and improved techniques developed during the last decade.
Editorial Reviews
Review
“This book is a much needed addition to the available texts on this newly emerging subject. Dr. Lerche is very knowledgeable on the material and his background in both industry and academia allows him to address the needs of both groups.”–JAMES A. MACKAY, Texaco Exploration Research
From the Back Cover
“This book is a much needed addition to the available texts on this newly emerging subject. Dr. Lerche is very knowledgeable on the material and his background in both industry and academia allows him to address the needs of both groups.”Oil exploration presents quantitative procedures for assessing predictions of potential oil recovery (basin size, hydrocarbon content) and economic impact (exploration cost, production, transport, and refining). This is the first book to combine uncertainties in basin analysis with uncertainties in economics to provide quantitative risk assessments of oil accumulations. Emphasis is placed on advances made in analytical methods and improved techniques developed during the last decade. The book will serve oil exploration personnel in industry, graduate students in economic geology, and researches in petroleum engineering.
About the Author
C. Ian Lerche is the author of more than 500 papers and has received numerous awards, including the Levorsen Award of the AAPG, the Nordic Professorship inPetroleum Geology, and the French Academie des Sciences Professorship in Geology. He has been a professor of geology in the Department of Geological Sciences at the University of South Carolina since 1984, and was associate chairman of the department 1985–1989. Between 1965–1981 he held positions of research associate, assistant professor, and associate professor at the University of Chicago. From 1981–1984 he worked as a senior scientist at Gulf Research and Development Co. He received a B.Sc. in physics in 1962 and a Ph.D. in astronomy in 1965 from the University of Manchester.