Generating Multivariable Cross Plots
M. A. Mian, May 28, 2021 Graphical presentation of data is always very helpful in understanding and analyzing problems. As per the English language adage “a picture is worth a thousand words”, meaning that complex ideas can be conveyed by a simple graph. A graph will...
read moreUS Will Require to Drill 189,000 Shale Gas wells to Achieve the Target Gas Forecast
M. A. Mian, December 18, 2015 U.S. shale gas production was 5% of total U.S. dry gas production in 2004, 10% in 2007, and is now 52% in 2015. Shale resources remain the dominant source of U.S. natural gas production growth. The total gas production is expected to...
read moreSix Ways to Calculate Net Present Value (NPV)
M. A. Mian, December 10, 2015 NPV is a popular measure of profitability used in project/investment evaluation to assess potential profitability (in monetary terms) of the given projects/investments under consideration. Because of the time value of money, NPV takes...
read moreThe Rise of Renewables – A Threat to the Oil & Gas Industry?
By Dr. Salman Ghouri and Dr. Yumna Ghouri, 27 November 2015 Fossil fuels have been the dominant source of energy for global economic prosperity for over 150 years and today still accounts for over 86% in global energy mix. The question is what would be its role during...
read morePlunging Oil Prices – US Tight Oil Boom or The Burst?
Dr. Salman Ghouri11 and Dr. Amjad Ansari2 - April 16, 2015 The global shale oil and gas industry is still in its infancy (in the learning curve) but the United States industry is far ahead and has shown inspiring results as their shale/tight oil production increased...
read moreThe US Unconventional Oil Revolution: Are we at the Beginning of a New Era for US Oil?
Dr. Salman Ghouri and Areeba Ghouri, June 18, 2012 Everyone is familiar by now with the unconventional (shale) gas revolution in the US, which has transformed US and global gas markets. Less well known to the wider public is that an unconventional (shale) oil...
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