Investing in Oil and Gas 2014 is for oil and gas investors who want to directly participate in the drilling of new wells or the acquisition of producing properties. It was written by a Licensed Professional Petroleum Engineer with over 20 years of experience in oil and gas exploration and production involving over 1,000 wells in multiple U.S. states and 15 countries with both international super major oil companies and small independent oil companies, in both vertical wells and deviated wells, and in all geologic settings. The book is divided in to three parts.
Part I covers oil and gas operations in the field including geology, petroleum, subsurface control, seismic, drilling rigs and drilling a well, logging, coring, mud logging, completions, reservoir drive mechanisms, workovers, and selling your oil and natural gas.
Part II is a discussion of legal matters and financial analyses in oil and gas investments. It covers oil and gas leases in great detail. It also delves in to deal structures and financial analyses including the construction of your projected cash flow and your return-on-investment. An additional chapter is dedicated to accounting and federal taxation of oil and gas companies.
Part III is an 800-point checklist for you to use when you are evaluating oil and gas drilling investments. The checklist includes sections for reservoirs, geology, offset well information, production histories, maps, seismic data and seismic shoots, operations planning, cost estimates, financial analyses, oil and gas leases and other legal documents, deal structures, accounting and taxation, securities, personnel, and general risks. There is a full glossary of oil and gas terms and an appendix with state and federal oil and gas references. There are over 70 photographs and illustrations.
PART I:
OIL AND GAS FIELD OPERATIONS
Chapter 1: GEOLOGY
Chapter 2: PETROLEUM
Chapter 3: FINDING A PROSPECT
Chapter 4: DRILLING A WELL
Chapter 5: FORMATION EVALUATION
Chapter 6: COMPLETIONS
Chapter 7: PRODUCTION
Chapter 8: RESERVOIR DRIVE MECHANISMS
Chapter 9: WORKOVERS
Chapter 10: PLUGGING AND ABANDONING
PART II:
LEGAL DOCUMENTS AND FINANCIAL ANALYSES
Chapter 11: OIL AND GAS LEASES
Chapter 12: OIL AND GAS DEAL STRUCTURES
Chapter 13: ECONOMIC EVALUATION (FINANCIAL ANALYSES)
Chapter 14: OIL AND GAS TAXATION
PART III:
800-POINT CHECKLIST FOR OIL AND GAS INVESTMENT EVALUATIONS
This one-of-a-kind checklist provides a systematic method of evaluating your oil and gas drilling opportunities.
Chapter 15: Reservoirs and Geology
Chapter 16: Maps
Chapter 17: Offset Wells
Chapter 18: Seismic
Chapter 19: Well Plan (Operations Plan)
Chapter 20: AFE (Cost Estimate)
Chapter 21: Financial Analyses
Chapter 22: Oil and Gas Leases
Chapter 23: Legal Documents
Chapter 24: Oil and Gas Deal Structure
Chapter 25: Accounting and Taxation
Chapter 26: Securities
Chapter 27: Personnel
GLOSSARY
APPENDIX