The Definitive Guide to Petroleum Production Systems-Now Fully Updated With the Industry's Most Valuable New Techniques
Petroleum Production Systems, Second Edition, is the comprehensive source for clear and fundamental methods for about modern petroleum production engineering practice. Written by four leading experts, it thoroughly introduces modern principles of petroleum production systems design and operation, fully considering the combined behavior of reservoirs, surface equipment, pipeline systems, and storage facilities. Long considered the definitive text for production engineers, this edition adds extensive new coverage of hydraulic fracturing, with emphasis on well productivity optimization. It presents new chapters on horizontal wells and well performance evaluation, including production data analysis and sand management.
This edition features
Petroleum taxation is the universal instrument through which governments seek to determine the crucial balance between the financial interests of the oil companies and the owners of the resource. This book addresses how governments have and continue to approach this problem, the impacts of different policy choices and how these are being adapted to changing business conditions. Carole Nakhle presents the reader with an illuminating and robust analysis of the entire taxation story, from the basic theoretical considerations through to advanced computations applied to various tax regimes.
Nakhle's main argument is that petroleum taxation is a subject of complexity, variety and subject to continued evolution, being surrounded and shaped by multifaceted geological, technical and market factors together with unpredictable political influences. The author challenges the assumption that perfect models of petroleum taxation can be designed and applied to countries and circumstances around the world, arguing that an ideal structure exists only in theory but can be nonetheless a useful benchmark against which to test proposed fiscal systems.
Much of the world’s petroleum is located on continental margins, and any further development of these offshore deposits would be impossible without new technologies and new methods contained in this volume. Written by some of the world’s foremost authorities on oil and gas, this volume explains for the practicing engineer and the engineering student some of the most important and cutting-edge techniques for developing offshore fields on continental margins.
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