Geologia Croatica, Vol. 49 No. 2, 1996.
Other
Hydrocarbon Reserves - Estimation, Classification and Importance in Evaluation of Exploration Projects
Zvonimir Nadjaković
; INA–Industry of Oil Plc. (Naftaplin)
Josip Sečen
; INA - Naftaplin
Antun Bauk
; INA–Industry of Oil Plc. (Naftaplin)
Abstract
One of the key problems encountered by oil companies from countries in transition approaching the world market is in understanding the concept of reserves, their estimation and classification. As reserves are the basic value of a company, it is imperative that business policy includes continuous replacement of reserves. The study illustrates the use of estimated reserves in the evaluation of exploration areas, and the importance of reserves in business decisions and a company's future.
Keywords
Hydrocarbon reserves; Classification of reserves; Evaluation of exploration projects
Hrčak ID:
61179
URI
Publication date:
31.12.1996.
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