In this quick video series we want to ask all the professional engineers out there how they would evaluate this unconventional undeveloped reserve. Link To PowerPoint How Would You Evaluate The Reserve? Leave Your Comment Down Below!
Author Archives: vivelafrack
Petroleum Economics: Understanding Internal Rate of Return and Net Present Value
Link To PowerPoint What is IRR or the Internal Rate of Return? IRR is the interest rate at which the net present value of a project’s cash flow equals zero. IRR is used to evaluate the attractiveness of a project or investment. The Pros & Cons Of IRR IRR makes it easy to rank projectsContinue reading “Petroleum Economics: Understanding Internal Rate of Return and Net Present Value”
What Do Petroleum Engineers Actually Do?
Today we will be discussing the specifics of a petroleum engineer and analyze what they do in their careers. This video is aimed at students and beginners who wish to begin learning more, since I know there is a lot more to cover within the field. Main Areas Of Petroleum Engineering: -Drilling -Production -Reservoir ElementsContinue reading “What Do Petroleum Engineers Actually Do?”
Top 5 Mistakes To Avoid When Investing In A Oil And Gas Project, Royalties, Or Ownership Deals
Today we’re covering the top 3 mistakes you must avoid when making an investment in an oil & gas property. This does not cover any investment tips for investing in a publicly traded petroleum company, oil & gas stocks, or any form of financial securities. The tips are for individuals looking to invest in anyContinue reading “Top 5 Mistakes To Avoid When Investing In A Oil And Gas Project, Royalties, Or Ownership Deals”
How Fracking Empowers Minority Communities Around The World
A brief explanation on how fracking uses natural gas to benefit minority communities locally in the United States and abroad in Poland.
Oil and Gas Vet Launches Social Media Movement Against Climate “Fascists”
April 7, 2020 How The Climate Change Narrative Follows Politics And Not Science To say Gilles Bourgeois is a man on a mission might be a cliché; it would also be the truth. Bourgeois, a 57-year-old semi-retired petrophysicist and self-described “doctor of wells and reservoirs” for the oil and gas industry, uses the power ofContinue reading “Oil and Gas Vet Launches Social Media Movement Against Climate “Fascists””
Female Oil and Gas Industry Vet Says Field is Great for Women, Encourages More to Take a Look
By Carissa D. Lamkahouan June 2, 2020 Flipping Oil & Gas Gender Stereotypes Upside Down As a woman working in the oil and gas industry, Rachel Kernion is accustomed to being amongst men. However, she was a bit surprised when, years ago at the start of her career, a male colleague made a joke atContinue reading “Female Oil and Gas Industry Vet Says Field is Great for Women, Encourages More to Take a Look”
Texas Gulf Coast Oil And Gas Reserves Analysis Case Study
An in depth case study looking back on the reserves analysis of an area within the Texas Gulf Coast for Corum Production Company.
3 Brief, Yet Crucial Oil And Gas Investment Tips You Need To Know Before Starting Your Next Project
Principle Engineer at Mire Petroleum Consultants (Kurt Mire) uses his 35+ years of experience in various international oil & gas projects to give us 3 brief, yet important oil & gas investment tips for anyone looking to finance their next prospect.
Vive La Frack! 